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Turboprops: A Return to Rosy Skies

The turboprop market segment offers an enticing blend of speed, utility, and approachability for the pilot wanting to fly their own aircraft.

[Credit: Jim Barrett]
Gemini Sparkle

Key Takeaways:

  • The turboprop aircraft market, while a smaller segment, is appealing due to its blend of speed, utility, and approachability, attracting continuous new model introductions and updates from manufacturers.
  • Manufacturers like Daher, Epic, Pilatus, and Piper are enhancing their offerings with models such as the autoland-capable TBM 960 and Piper M600/SLS, a faster Kodiak 900, and an updated Epic E1000 GX.
  • After a dip during the pandemic, turboprop sales have seen a strong rebound in 2021 and are projected to continue growing robustly through 2022.
  • Prospective buyers in late 2022 may face urgency to purchase due to expiring bonus tax depreciation benefits, but rising interest rates and significant order backlogs (extending into 2024 for some models) could pose challenges.
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While they represent only 20 percent of total airplanes delivered, the turboprop market segment offers an enticing blend of speed, utility, and approachability for the pilot wanting to fly their own aircraft—and those who can invest between $2.5 and $6 million (for a new aircraft) to accomplish their goals.

The selections within the pool for buyers offer well-targeted capability and niche design—and the segment continues to attract new entrants from the original equipment manufacturers specializing in these mounts. Daher has led the way in 2022, with the introduction of two new models to its portfolio, the autoland-capable TBM 960 (successor to the 940) and the Kodiak 900, a serious reimagining of the backcountry hauler into a much faster baby. The 900 provides a different flavor of competition for the Cessna Grand Caravan EX—though the classic from Textron Aviation still comes in lower on price point, and you can’t put a 900 on floats—yet. Stay tuned.

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