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Asking Prices Up Slightly for Used Jets, Down for Piston Singles, Turboprops

Analysts see minor changes in October after prices largely stabilized in September.

Business jets
Gulfstream and Dassault Falcon private jets at Dallas Love Field [Credit: iStock]
Gemini Sparkle

Key Takeaways:

  • Asking prices for used jets edged up slightly in October, contrasting with declines for piston singles and turboprops.
  • Inventory levels for used jets continued to fall, with a notable 15.7 percent decrease year-over-year.
  • While piston single and turboprop inventories saw a slight month-to-month increase, their year-over-year levels were also down significantly, mirroring the trend for jets.
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Asking prices for used jets edged up slightly in October while falling for piston singles and turboprops, according to analysts.

Sandhills Global, which pulled data on used aircraft from Controller.com and other platforms it owns, said jet asking prices climbed just under 1 percent month to month, while the market value of piston singles dipped by 1.8 percent and turboprops lost about 4.1 percent.

Zach Vasile

Zach Vasile is a writer and editor covering news in all aspects of aviation. He has reported for and contributed to the Manchester Journal Inquirer, the Hartford Business Journal, the Charlotte Observer, and the Washington Examiner, with his area of focus being the intersection of business and government policy.

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