In the first half of the year, the number of retail transactions and aggregate value of those transactions fell for twin-engine helicopters, according to Aero Asset's “2023 Half Year Heli Market Trends Twin Engine Report." The consultancy notes that total transactions fell to 76, 15 percent below the year-ago period, while dollar value declined 11 percent, to $288 million.
“Supply for sale grew 18 percent year-over-year (YOY), to 177 units, and the absorption rate increased to 14 months of supply at current trade levels at the end of June," said Valerie Pereira, Aero Asset v-p for market research.
Within the twin-engine space, light and medium models for sale increased 20 percent YOY; sales volume of medium twins decreased nearly 45 percent year over year, while light and heavy retail sales remained stable. In the heavies, the Sikorsky S-92A pricing was stable, while the price of the Airbus EC/H225 increased by more than $1 million.
First-half retail sales volume decreased YOY in North America and Europe but increased in other regions. However, North America and Europe accounted for 75 percent of total transactions in the first six months. Supply for sale increased twice as much in North America than in Europe over the same period.