Asian Sky Quarterly 2023 Q4
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MARKET SUMMARY: CIVIL HELICOPTERS<br />
BELL 206<br />
Market Value (Million USD)<br />
$1.45<br />
$0.72<br />
$0.55<br />
Dec<br />
2021<br />
For Sale vs. Sold<br />
Sold<br />
8<br />
Dec<br />
2021<br />
1992 BELL 206L-3 2004 BELL 206B-3<br />
16<br />
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 />
For Sale<br />
13<br />
12<br />
14<br />
7<br />
2016 BELL 206L-4<br />
$1.61<br />
$0.80<br />
9<br />
16 14 13 21 11 12 19 17 22<br />
8 8 12 15 15 15<br />
114 86 83 87 80 75<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 />
Dec<br />
<strong>2023</strong><br />
72 70 82<br />
8<br />
$1.86<br />
$0.84<br />
$0.80 $0.80<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) 70 (2.7%) 82 (3.2%)<br />
Avg Asking Price (USD) 917.46K 891.92K<br />
Avg Days on Market 614 554<br />
Sold in Past 12 Months 173 151<br />
Sold in Past 3 Months 42<br />
23<br />
The ageing but proven Bell 206 remains a popular<br />
choice as an entry level Single turbine helicopter,<br />
mostly for corporate or multi-role use. Inventory<br />
level has increased slightly and transaction volumes<br />
were down year-on-year. Values have remained<br />
largely stable. Availability and retirements of older<br />
examples are expected to increase, which would<br />
negatively affect values.<br />
BELL 407<br />
Market Value (Million USD)<br />
$2.29<br />
$1.78<br />
$1.69<br />
Dec<br />
2021<br />
2010 BELL 407 2014 BELL 407GX<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 />
2018 BELL 407GXP<br />
$2.95<br />
$2.45<br />
$2.58<br />
$3.35<br />
$2.76<br />
$2.54<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) 26 (1.5%) 27 (1.5%)<br />
Avg Asking Price (USD) 2.99M 2.93M<br />
Avg Days on Market 139 172<br />
Sold in Past 12 Months 69<br />
61<br />
Sold in Past 3 Months 16<br />
10<br />
6<br />
6<br />
4 7 11<br />
5<br />
10 7<br />
6 7 4 4 8<br />
8<br />
3 7 6 9<br />
4<br />
4 3 4<br />
1 2<br />
3<br />
37 27 24 27 25 32 24 26 27<br />
Derived from the Bell 206, the 407 has gained<br />
market presence in a number of missions, including<br />
EMS, law enforcement and multi-role. Inventory<br />
level and asking prices remains largely consistent.<br />
Availability of the more desirable newer models<br />
(GXP and GXi) is low and values have increased<br />
gradually over the past year and remain unchanged.<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 />
Dec<br />
<strong>2023</strong><br />
Source: AMSTAT & ASG<br />
91 | ASIAN SKY QUARTERLY - FOURTH QUARTER <strong>2023</strong>
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