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Asian Sky Quarterly 2023 Q4

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MARKET SUMMARY<br />

INVENTORY LEVEL, VALUE TREND & TRANSACTIONS<br />

AIRBUS AS350/H125<br />

Market Value (Million USD)<br />

$2.70<br />

$1.52<br />

$0.93<br />

Dec<br />

2021<br />

1995 AS350 B2 2008 AS350 B3 2020 AS350 B3e/H125<br />

For Sale vs. Sold<br />

Sold<br />

For Sale<br />

17<br />

13 13 25<br />

9 26<br />

20<br />

13<br />

16 10<br />

21 10<br />

$1.74<br />

<strong>2023</strong> AS350 B3e/H125<br />

$2.80 $2.89<br />

$1.07 $1.07<br />

21<br />

25 15 25<br />

10<br />

14 19 23<br />

19 21<br />

12<br />

10 11<br />

102 89<br />

70<br />

68<br />

74<br />

78<br />

81<br />

72<br />

74<br />

Dec<br />

2021<br />

Mar Jun Sep<br />

Dec<br />

Mar Jun Sep<br />

2022 2022 2022 2022 <strong>2023</strong> <strong>2023</strong> <strong>2023</strong><br />

Mar Jun Sep<br />

Dec<br />

Mar Jun Sep<br />

2022 2022 2022 2022 <strong>2023</strong> <strong>2023</strong> <strong>2023</strong><br />

$3.35<br />

$1.87<br />

Dec<br />

<strong>2023</strong><br />

Dec<br />

<strong>2023</strong><br />

MARKET SUMMARY: CIVIL HELICOPTERS<br />

Market Indicators (vs. Last Quarter)<br />

MARKET<br />

Transaction Level (Past 12 Months)<br />

Inventory Level<br />

Average Asking Price<br />

Average Days on Market<br />

No. for Sale (% of fleet)<br />

Avg Asking Price (USD)<br />

Avg Days on Market<br />

Sold in Past 12 Months<br />

Sold in Past 3 Months<br />

Sep-23<br />

72 (2.1%)<br />

1.89M<br />

295<br />

214<br />

56<br />

Dec-23<br />

74 (2.2%)<br />

1.92M<br />

296<br />

204<br />

42<br />

The proven AS350/H125 remains the most<br />

transacted turbine helicopter type on the market.<br />

Availability (2% of the fleet) continues to be low<br />

considering a fleet of more than 3,500 in service.<br />

Older models are still sought after and values have<br />

largely remained stable. Low availability of newer<br />

models means high value retention. Highly popular<br />

as a small multi-mission or corporate helicopter<br />

worldwide, with no direct replacement announced.<br />

AIRBUS EC130/H130<br />

Market Value (Million USD)<br />

$2.89<br />

$1.60<br />

$1.27<br />

Dec<br />

2021<br />

For Sale vs. Sold<br />

Sold<br />

16<br />

Dec<br />

2021<br />

2005 EC130 B4 2012 EC130 B4 2019 H130/EC130 T2 <strong>2023</strong> H130/EC130 T2<br />

Mar Jun Sep<br />

Dec<br />

Mar Jun Sep<br />

2022 2022 2022 2022 <strong>2023</strong> <strong>2023</strong> <strong>2023</strong><br />

For Sale<br />

6<br />

2 1 2 4 1 3<br />

5 4<br />

3<br />

$3.34<br />

3 4<br />

5 4<br />

3 2<br />

4 4<br />

Mar Jun Sep<br />

Dec<br />

Mar Jun Sep<br />

2022 2022 2022 2022 <strong>2023</strong> <strong>2023</strong> <strong>2023</strong><br />

2<br />

3<br />

Dec<br />

<strong>2023</strong><br />

14 17 19 17 21 22<br />

26 31<br />

5<br />

$3.99<br />

$3.00<br />

$1.82 $1.83<br />

$1.45 $1.50<br />

Dec<br />

<strong>2023</strong><br />

Market Indicators (vs. Last Quarter)<br />

MARKET<br />

Transaction Level (Past 12 Months)<br />

Inventory Level<br />

Average Asking Price<br />

Average Days on Market<br />

No. for Sale (% of fleet)<br />

Avg Asking Price (USD)<br />

Avg Days on Market<br />

Sold in Past 12 Months<br />

Sold in Past 3 Months<br />

Sep-23<br />

26 (3.3%)<br />

2.00M<br />

247<br />

35<br />

4<br />

Dec-23<br />

31 (3.9%)<br />

2.19M<br />

233<br />

32<br />

With more cabin space than its competitors,<br />

the EC130/H130 has proven popular in the<br />

corporate and sightseeing roles. Availability<br />

increased during the second half of <strong>2023</strong><br />

while number of transactions was fairly<br />

consistent, while market values remain stable<br />

following reductions in Q3 <strong>2023</strong>.<br />

7<br />

Source: AMSTAT & ASG<br />

FOURTH QUARTER <strong>2023</strong> — ASIAN SKY QUARTERLY | 88

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