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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.

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Gulfstream and Dassault Falcon private jets at Dallas Love Field [Credit: iStock]
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Key Takeaways:

  • Asking prices for used jets saw a slight increase in October, while piston singles and turboprops experienced price declines.
  • Used jet inventory continued to fall both month-to-month and year-over-year, especially for large jets, whereas piston single and turboprop inventory increased slightly month-to-month but remained significantly down year-over-year.
  • October's price and inventory movements showed more distinct shifts compared to prior periods, indicating a further normalization of the market after a post-COVID boom in aircraft values.
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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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