Asian Sky Quarterly 2019 Q2

MARKET SUMMARY -- HELICOPTERS
A109E POWER/A109SP GRANDNEW
A109E Power
• There were 37 A109E Powers for sale on market in Q2 2019, decreasing by
15.9% since Q1 2019. The inventory level accounted for 10 % of the overall
370 fleet in operation. There were zero transactions in Q2 2019. The market
was being quiet compared with four transactions completed in Q1 2019. The
average days on market increased by 3.2% - from 729 days in Q1 2019 to 752
days in Q2 2019. The average asking price has dropped to US$1.5M in Q2
2019 from US$1.7M in Q1 2019.
A109SP Grandnew
• There were six A109SP Grandnews for sale in Q2 2019, increasing by 50%
since Q1 2019. The inventory level accounted for 3.6% of the overall 168 fleet
in operation. There were five sold transactions in Q2 2019 compared with
six in Q1 2019. The average days on market decreased by 11.6% - from 216
days in Q1 2019 to 191 days in Q2 2019. The average asking price rose from
US$4.8 in Q1 2018 to US$4.6M in Q2 2019.
$3.8
Average Asking Price
$6.0
A109SP GRANDNEW
$4.8
$4.6
SPECS
Max Range
A109E Power
353 N.M. / 654 km
A109SP Grandnew
480 N.M. / 889 km
$1.8 $1.7 $1.5
A109E Power
Max Speed
139 Knots
130 Knots
Typ. Passengers
FOR SALE
No. for Sale
Avg Asking Price
Avg Days on Market
7
2019 May 2019 Feb
37 (10.0%)
1.5M USD
752
44 (11.8%)
1.7M USD
729
7
2019 May
6 (3.6%)
4.6M USD
191
2019 Feb
4 (3.8%)
4.8M USD
216
For Sale vs. Sold
63 64 62 60 58 55 53 52
5+0+02+0+0
4+0+01+0+0 2+0+05+0+0
0+52+00+53+00+55+0
0+58+00+60+00+62+0
0+64+00+63+0
1+0+0
49 48
44 44 43
3+0+0 1+0+0
SOLD
Past 12 Months
Past 3 Months
2019 May 2019 Feb
11 17
0
4
2019 May
20
5
2019 Feb
25
6
5
2 2 1
4 2
5 5
1
4
1 3 1
May Aug Nov Feb May
2018 2019
For Sale Sold
4+0+0 5+0+0 0+43+0+44+0+44+00+48+00+49+0
1+0+0
AW139
• There were 25 AW139s for sale in Q2 2019. The inventory level has increased
8.7% from 23 aircraft in Q1 2019.
• The inventory level accounted for 2.6% of the overall 947 fleet in operation.
• There were only three sold transactions in Q2 2019 compared with eight in Q1
2019.
• The average days on market increased by 7.6%, from 497 days in Q1 2019 to
535 days in Q2 2019.
• The average asking price has slightly fell to US$7.4M in Q2 2019 from
US$7.6M in Q1 2019.
SPECS
Max Range
Max Speed
Typ. Passengers
FOR SALE
No. for Sale
Avg Asking Price
Avg Days on Market
568 N.M. / 1,052 km
140 Knots
15
2019 May
25 (2.6%)
7.4M USD
535
2019 Feb
23 (2.6%)
7.6M USD
497
$7.4
29
0+29+0 1+0+0
28
Average Asking Price
$7.3
For Sale vs. Sold
27
28
$8.1
$7.6
26 26 25 25
23 24 25
2+0+03+0+0 0+0+0 0+0+02+0+0
0+0+01+0+0
0+25+0+24+00+23+0 0+25+00+26+00+26+0
0+28+00+27+00+28+0
4+0+0
$7.4
LEONARDO
SOLD
Past 12 Months
Past 3 Months
2019 May
16
3
2019 Feb
15
8
23
24
1
1
3
2 2
May Aug Nov Feb May
2018 2019
Sold
For Sale
4
0+0+0 0+24+00+23+0
0+0+0
Source: JETNET & ASG
SECOND FOURTH QUARTER 2018 2019 — ASIAN SKY QUARTERLY | 67