Asian Sky Quarterly 2023 Q4
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MARKET SUMMARY: CIVIL HELICOPTERS<br />
AIRBUS EC135/H135<br />
Market Value (Million USD)<br />
1998 EC135 P1 2008 EC135 P2<br />
2020 H135 <strong>2023</strong> H135<br />
$5.85 $5.65<br />
$3.27<br />
$2.86<br />
$7.05<br />
$5.28<br />
$2.98<br />
Market Indicators (vs. Last Quarter)<br />
Transaction Level (Past 12 Months)<br />
Inventory Level<br />
Average Asking Price<br />
Average Days on Market<br />
$0.98 $1.12 $1.06<br />
Dec<br />
2021<br />
For Sale vs. Sold<br />
Sold<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 />
Dec<br />
<strong>2023</strong><br />
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 />
4 (1.4%)<br />
2.58M<br />
245<br />
9<br />
0<br />
Dec-23<br />
10 (3.4%)<br />
2.36M<br />
170<br />
4<br />
0<br />
9 10 7 6 4 4<br />
4 4 10<br />
Dec<br />
2021<br />
1 1<br />
2<br />
1<br />
2<br />
1<br />
1<br />
1<br />
3<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 />
1<br />
2<br />
1<br />
Dec<br />
<strong>2023</strong><br />
The Twin engine EC135/H135 is a proven type<br />
in a variety of missions, especially EMS, law<br />
enforcement and corporate. Inventory level has<br />
increased slightly but still at very low levels.<br />
Values decreased by around 4% based on market<br />
activity. There is a well spread fleet globally and<br />
across numerous missions, and the 135 has been a<br />
popular choice for operators upgrading from Single<br />
engine turbine helicopters.<br />
Note: Only EC135T2, EC135P2 were included in Market Indicators and For Sale vs. Sold.<br />
AIRBUS EC145/H145<br />
Market Value (Million USD)<br />
$5.38<br />
$3.30<br />
Dec<br />
2021<br />
2<br />
Sold<br />
Dec<br />
2021<br />
2009 EC145 T1 2015 EC145 T2<br />
2<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 vs. Sold<br />
For Sale<br />
1<br />
1<br />
2<br />
2022 EC145 T3 <strong>2023</strong> EC145 T3<br />
$9.75<br />
$5.87<br />
$3.60<br />
3<br />
1 1 1<br />
2<br />
12 11 12 12 13 11<br />
9 9 10<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 />
Note: EC145T3 was not included in Market Indicators and For Sale vs. Sold.<br />
2<br />
4 4<br />
6<br />
1<br />
5<br />
3<br />
$9.94<br />
$8.80<br />
$5.02<br />
$3.08<br />
Dec<br />
<strong>2023</strong><br />
Dec<br />
<strong>2023</strong><br />
Market Indicators (vs. Last Quarter)<br />
Transaction Level (Past 12 Months)<br />
Inventory Level<br />
Average Asking Price<br />
Average Days on Market<br />
MARKET<br />
Sep-23<br />
Dec-23<br />
No. for Sale (% of fleet) 9 (0.9%) 10 (1.0%)<br />
Avg Asking Price (USD) 3.58M 2.86M<br />
Avg Days on Market 206 242<br />
Sold in Past 12 Months 23<br />
31<br />
Sold in Past 3 Months 11<br />
8<br />
Successful model in the corporate, EMS and law<br />
enforcement sectors. Inventory levels have been fairly<br />
consistent since Q3 <strong>2023</strong>, although the higher proportion<br />
of older builds mean a reduced average asking price, but<br />
market values are generally stable. The D3 five blade<br />
variant is in service, with upgrades offered for T2 models<br />
for increased performance and extended service life.<br />
Despite newer competition on the market, the proven<br />
EC145/H145 is expected to maintain its popularity and<br />
market share.<br />
Source: AMSTAT & ASG<br />
89 | ASIAN SKY QUARTERLY - FOURTH QUARTER <strong>2023</strong>