4Q 2021 Blue Book Updates
by Jason Kmiecik on February 4, 2022
Fourth 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. |
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Mfg.Model - Airbus AS350B2 Astar AS350B3 Astar AS350B3e Astar (H125) AS355N TwinStar EC135P2/P2+ EC135T2/T2+ EC135P3 (H135) EC135T3 (H135) EC145T1 (BK-117C2) EC145e (BK-117C2e) EC155B1 (H155) - Bell 205A/A+/A++ 206BIII JetRanger III 206L-1 LongRanger II 206L-3 LongRanger III 206L-4 LongRanger IV 407 407Gx 407Gxi 412EP 430 430 w/skids 505 JetRanger X - MD 900/902 Explorer - Leonardo A109C A109E A109S AW169 AW189 - Robinson R44 Raven II / Clipper II R66 Turbine - Sikorsky S76C++ - |
| Resale-Value - - ↑ ↑ ↑ ↓ ↑↓ ↑↓ * * ↓ ↓ ↓ - - ↓ ↑ ↓ ↓ ↓ ↑ ↑ ↑ ↓ ↓ ↓ ↑ - - ↓ - - ↑ ↑ ↑ * * - - ↑ ↑↓ - - ↑ - |
| Comments - - Pricing change 1989-2015 Pricing change 1979-2012 Pricing change 2011-2020 Pricing change 1991-2006 Pricing change 1998-2016 Pricing change 1998-2016 Pricing page established 2014-2021 Pricing page established 2014-2021 Pricing change 2000-2018 Pricing change 2015-2020 Pricing change 2007-2015 - - Pricing change 1968-1980 Pricing change 1977-2009 Pricing change/L1+ conversion Pricing change 1982-1992 Pricing change 1992-2017 Pricing change 1996-2014 Pricing change 2011-2014 Pricing change 2017-2021 Pricing change 1994-2015 Pricing change 1996-2008 Pricing change 1996-2008 Pricing change 2015-2021 - - Pricing change 1994-2013 - - Pricing change 1989-1996 Pricing change 1997-2015 Pricing change 2005-2011 Pricing page established 2015-2017 Pricing page established 2014-2017 - - Pricing change 2002-2021 Pricing change 2010-2021 - - Pricing change 2005-2011 |
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ALL CONFIGURATION MODIFIERS WILL BE UPDATED IN THE COMING WEEKS TO REFLECT 2022 PRICING |
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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. |
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4Q Market Overview
It appears that we are starting to see some light at the end of the tunnel. Supply is on a steady decline over the past quarter with much anticipation that it will continue on the same track for 2022. Overall we are starting to see a turnaround in the market that we have not seen in some years. Every manufacturer of helicopters has had inventory levels decrease, some more than others.
The average time on market for the Piston sales is currently 9 months, while the average time on the market for the Turbine sales is currently 15 months. With both markets, the average age of the aircraft transacting is between 2003 and 2005 vintages. Because of the increasing transactions taking place, the nicer aircraft are disappearing, thus driving the values up on them since there are fewer desirable aircraft to be found. We are still seeing our fair share of distressed sales, but these are mainly due to the fact that they have been on the market for years now and are not in a flyable condition.
This quarter we are raising the values on 14 models and lowering the values on 12 models, and 3 models have mixed pricing drops and increases depending on their age. All movements are due to recent trading activity. The Corporate / VIP markets seems to be the winner of the most traded aircraft this past quarter with EMS and Utility following. Offshore is still trailing behind with resales but we are starting to see an increase in new aircraft purchases taking place again.
In other news, after 64 years of producing aircraft, Enstrom Helicopters has filed for chapter 7 liquidation bankruptcy and has stopped all product support after closing its doors on January 21, 2022.
We are currently still in the process of updating all 2022 configuration pricing and will have it live over the next few weeks.
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.
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