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1Q 2021 Blue Book Updates

First Quarter Updates to
The Official Helicopter Blue Book®
 
 
HeliValue$, Inc. has recently reviewed pricing in
The Official Helicopter Blue Book®
Resale pricing adjustments were made for the following helicopter models:
 
 
 
 
Mfg.Model
 
Airbus
AS350BA
AS350B2
AS350B3
AS350B3e
EC155B1
 
Bell
407
407GX
407GXP
427
429
429WLG
 
Leonardo
AW109SP
 
 
 
 
 
Resale-Value
 
 
↓↑
↓↑
↓↑
 
 
 
 
Comments
 
 
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Resale pricing adjustments are based on actual sales transactions and current market conditions such as overall trends in asking prices, increase or decrease in supply, demand, and sales volume. We obtain sales pricing data from owners and operators, lenders and lessors, brokers and equipment manufacturers worldwide.
 
While we do review all models each quarter, frequently traded models are updated as soon as they begin to show variation from the previously published values. Stay up to date on resale pricing changes by purchasing an annual subscription. 
 
 
 
1Q Market Overview
 
As transactions continue to increase, so do some values. We have recently seen an uptick in values for a few of the single turbine models as well as some older twin models. Demand seems to be growing and transactions are starting to reflect such. While the Corporate and VIP sector is seeing the most activity, there are plenty of Utility machines trading again. Older EMS equipped machines are being bought to be converted to Corporate or Utility, and older Offshore machines are being bought to be parted out. The heavy market is seeing activity again with a few pending sales in the works. It is nice to finally see supply starting to shrink after a few years.
 
If by chance you are a helicopter owner or operator and are seeing something other than what we are publishing, please give me a call at 1-847-487-8258 or send me an email at [email protected] and I will be happy to discuss the market with you. If you have any sales you would like us to know about, I would also be happy to discuss them with you. Without your willingness to share information, we wouldn’t be here to keep the industry informed and up to date.