Register

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 market is highly attractive for owner-pilots and businesses, offering a blend of speed and utility, with new aircraft investments typically ranging from $2.5 to $6 million for many models.
  • Manufacturers introduced several new or updated models in 2022, including Daher's TBM 960 and Kodiak 900, Epic's E1000 GX, Piper's M500/M600, and Textron Aviation's Cessna SkyCourier, with high demand leading to orders well into 2023 and beyond.
  • Turboprop sales rebounded strongly in 2021 after a pandemic-induced dip, with 2022 projected for continued growth, driven in part by a potential rush in Q4 due to expiring U.S. bonus depreciation tax advantages for aircraft purchases.
See a mistake? Contact us.

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.

Ready to Sell Your Aircraft?

List your airplane on AircraftForSale.com and reach qualified buyers.

List Your Aircraft
AircraftForSale Logo | FLYING Logo
Pilot in aircraft
Sign-up for newsletters & special offers!

Get the latest stories & special offers delivered directly to your inbox.

SUBSCRIBE