HeliValue$ reports first value increases since 2009
HeliValue$, the helicopter valuation company, has reported value increases for certain models – the first increases since 2009.
In an update to the company’s Helicopter Blue Book, HeliValue$ say that older single turbine models, including the Airbus AS350B2 and Bell 206L-3, have seen value increases. Newer models such as the Bell 206L-4’and 407s are softening.
Depreciation in newer single turbine models could be put down to newer machines being too feature-rich and “more than operators need at this time”, according to a HeliValue$ comment.
However, In the light-twin market values and contracts have fallen to “record lows” and mediums are seeing similar value softening. The Leonardo AW-139 is the standout, becoming the go-to medium twin-engine option.
Turning to heavy models, the industry choice of the Sikorsky S-92A is being seen more and more on the market and asking prices and demand for the model continues to decline.
Reported sales transactions have also increased in the first quarter of 2017. HeliValue$ comment that buyers are possibly “beginning to take advantage of the rock bottom prices for some of the aircraft on the market.”
The oil market continues to have the biggest effect on the helicopter market. HeliValue$ commented: “We will continue to see instability in the market as the industry settles into the new reality of sustained low ppb oil becoming the norm, not just a momentary downturn.”
“Multi use helicopters do have an unpredictable, extended life and I am not surprised really that HeliValue$ have indicated a rise in market value.” – Alastair Fallon