The preowned single-engine helicopter market remained tight for most of 2022 worldwide, with some signs of loosening in North America during most of the year and in Europe during the fourth quarter. Sales for these types were down 12 percent in 2022 compared with 2021, according to helicopter consultancy Aero Asset. For the year, 212 units sold for a collective $387 million—down 15 percent by value from 2021.
VIP singles accounted for 60 percent of all transactions in 2022 while the supply of helicopters configured for emergency medical services remains at an all-time low. The number of utility helicopters for sale dropped 30 percent year-over-year. The supply of popular models remains tight with just five months’ supply of Airbus AS350 B3/H125, Bell 407/GX/P/I, and Airbus EC130 B4/H130 remaining at 2022 trade levels. Leonardo’s AW119, while ranked last, still had a strong absorption rate of 10 months.
“North American buyers accounted for nearly 60 percent of all single-engine transactions in 2022 while retail transactions in Europe fell 40 percent year-over-year,” said Aero Asset v-p of market research Valerie Pereira. “Inventory for sale plummeted 40 percent year-over-year, but rose in the fourth quarter and actually tripled in North America between the second and last quarters of 2022.”