PUBLISHED BY
JETSWISS AVIATION
PILATUS MARKET DATA | NOVEMBER 2026
PRE-OWNED PILATUS MARKET: COMING BACK FOR SECONDS
THIS MONTH’S FEATURE:
PILATUS PRE-PURCHASE INSPECTIONS THE DO’S, DON’TS, & DUH’S
L E A V E T H E N A V I G A T I N G T O U S®
EXPERT INSIGHT
COMING BACK FOR SECONDS As Thanksgiving approaches, we find ourselves reflecting on just how fortunate we are to be in the aviation business. We get to help people take that exciting first step into Pilatus ownership, and more often than you might think, we help them come back for seconds! We recently dug into the past 5 years of our proprietary market data, and one statistic caught our attention. Nearly half (48%) of Pilatus owners who sold their aircraft went on to purchase another Pilatus PC12. And of those repeat buyers, more than half purchased another pre-owned Pilatus! • •
63% purchased pre-owned 37% purchased new
At JetSwiss, 52% of our transactions are concluded as private sales, and in more than 80% of our projects, we already know both the buyer and seller. These aren’t simply aircraft changing hands behind the scenes. They’re transactions built on years of Pilatusspecific experience, established relationships, and proper representation. That’s why we believe the term “off-market” doesn’t always tell the whole story, either.
Call it brand loyalty, call it knowing a good thing when you’ve got it, but there’s something to be said about an aircraft that keeps people coming back to the table.
But whether an aircraft is publicly advertised or privately represented, finding the right Pilatus is only part of the equation. Knowing exactly what you’re buying is equally important.
Speaking of loyalty, we have another number we’re particularly proud of. 72% of JetSwiss’ business comes from repeat customers and referrals. That’s a statistic we don’t take lightly. We’re grateful for the relationships we’ve built over the years and the trust our customers continue to place in our team.
Growing up, I watched a silly sitcom called WKRP in Cincinnati. It had a wonderful cast of vastly different characters, which made it all the more hilarious. Every year around Thanksgiving, my sister sends me the same YouTube clip from the show’s infamous “turkey can’t fly” episode.
Now, let’s talk turkey. What’s happening in the preowned PC-12 market?
As the folks at WKRP learned the hard way, turkeys can’t fly. And skipping important steps in a multimillion-dollar aircraft purchase can lead to a rather unfortunate landing, too!
After reaching a low of just 60 aircraft for sale in July, inventory has gradually climbed to 82 aircraft in November. But here’s the interesting part: 28 of those 82 aircraft are already under contract. That leaves just 54 aircraft actively available for buyers to consider. As far as pricing goes, some Pilatus models continue to command quite the premium. • • •
1
Of course, there’s always more happening in this market than what you see advertised. From June through October, we tracked 17 off-market PC12 sales, representing nearly 20% of total market transactions during that period. That’s a significant slice of the pie, and a good reminder that the publicly advertised market doesn’t always tell the whole story.
The PC-12 NGX is currently selling for an average of 118% of its Original Equipment Manufacturer (OEM) price, up from 115% in 2025. The PC-12/47 is being advertised at an average of 136% of its original OEM price. The /45 and NG markets tell a different story, with values generally falling below their original OEM prices.
LEAVE THE NAVIGATING TO US ®
Fittingly, in this month’s Pulse, we’re tackling the do’s, don’ts, and duh’s of Pilatus pre-purchase inspections. It’s a topic that can make a six-figure difference in your purchase and your maintenance budget after closing, so be sure to check out our featured article. And if you need a little Thanksgiving laugh, watch the infamous WKRP turkey drop. Wishing you and yours a wonderful Thanksgiving. And if you’re coming back for seconds, we certainly won’t judge. Fly safe, Don “Bub” Peterson
M A R K E T AT A G L A N C E
MARKET CHANGES IN THE LAST 30 DAYS
18
34
20
14 4
20 14
19 1
TOTAL NEW ENTRANTS TO MARKET LOCATED IN THE USA LOCATED INTERNATIONALLY
OVERALL MARKET
TOTAL UNDER CONTRACT
TOTAL SOLD FROM MARKET
LOCATED IN THE USA LOCATED INTERNATIONALLY
LOCATED IN THE USA LOCATED INTERNATIONALLY
/45
/47
NG
NGX
PRO
PC-24
TOTAL
New to Market
4
0
6
5
0
3
18
Number Currently Available
22
3
40
23
0
18
106
Number Sold in the Last 30 Days
1
1
9
5
1
3
20
72% REPEAT + REFERRAL O F J ETS WI S S ’ B U S I NES S IS
WWW.JETSWISS.COM
2
T R A N S ACT I O N A L DATA
TIME ON MARKET
B R E A K D OW N O F DAYS O N M A R K E T U SA V S I N T E R N AT I O N A L 0-30 Days on Market 31-60 Days on Market 61-90 Days on Market
USA
4-6 Months on Market 7-12 Months on Market
6 AC 7 AC
1-2 Years on Market
INTERNATIONAL
13 AC
5 AC
622% AC
(22 AIRCRAFT)
18%
(18 AIRCRAFT)
11 AC
7 AC 13%
(13 AIRCRAFT)
7 AC
27%
14 AC
(28 AIRCRAFT)
14% 6 AC
(14 AIRCRAFT)
4 AC
3 AC
89 AVERAGE DAYS ON MARKET
130 AVERAGE DAYS ON MARKET
AIRCRAFT ASKING PRICE BY MODEL USA VS INTERNATIONAL
J ETS WI S S AIRCRAFT S EL L F O R
PC-12/45
4 5%
PC-12/47
TO
HIGHER.
PC-12 NG
PC-12 NGX
PC-12 PRO
PC-24 $0
$2 .0M
$4.0M
$6.0M
$8.0M
$10.0M
$12.0M AVG CURRENT ASK- USA AVG CURRENT ASK- INTERNATIONAL
3
LEAVE THE NAVIGATING TO US ®
P I L AT U S DATA
FLEET LOCATION PC-12 AND PC-24 AS OF OCTOBER 2026
420 1,811
78
83 109 111
BREAKDOWN BREAKDOWN BY REGIONBY REGION PC-12/45 PC-12/45 PC-12/47 PC-12/47 PC-12NG PC-12NG PC-12NGXPC-12NGX PC-12 PROPC-24 PC-24 NORTH AMERICA NORTH AMERICA
474
475 162
162 602
600 293
286 68
170212
SOUTH AMERICA SOUTH AMERICA
9
93
337
38 35
31 7
14 18
EUROPE
EUROPE
20
22 10
9134
143 107
11044
97 105
AFRICA
AFRICA
17
1710
1034
33 10
9 2
7 10
ASIA
ASIA
3
31
1 50
50 7
7 1
15 16
OCEANIA
AUSTRALIA
15
156
652
52 13
12 10
14 15
J ET S W I S S IS THE LE ADING P R E-O WNED P I L A TU S D EA L ER IN THE W O RLD, AC C O U NTING F O R O VER
20%
OF THE WORLD’S TRANSACTIONS.
WWW.JETSWISS.COM
4
T R A N S ACT I O N A L DATA
AVERAGE LISTING PRICE BY QUARTER | 2021 -2026 $10M
$8M
$6M
$4M
$2M
$0M
Q1
Q2
Q3
Q4
2021
Q1
Q2
Q3
Q4
Q1 Q2 Q3
2022
PC-12/45
Q4
Q1
2023
Q2
Q3
Q4
Q1
Q3
Q4
Q1
Q2
Q3
PC-12 NGX
PC-12 NG
Q4
2026
2025
2024
PC-12/47
Q2
PC-12 PRO
HISTORICAL AVERAGE PRE-OWNED SALE PRICE
$9M
AVERAGE SALE PRICE
$8M $7M $6M $5M $4M $3M $2M $1M
Q1
Q2
Q3
2021 PC-12/45
5
Q4
Q1 Q2 Q3 Q4
2022 PC-12/47
LEAVE THE NAVIGATING TO US ®
Q1
Q2
Q3
Q4
Q1
2023 PC-12 NG
Q2
Q3 Q4
2024
Q1
Q2
Q3
Q4
2025 PC-12 NGX
Q1
Q2
Q3
Q4
2026 PC-12 PRO
YOU R VERY OWN COPI LOT
MEET YOUR CO-PILOT, KAHU.
Every Pilatus that leaves JetSwiss is ready for takeoff – inside and out. From meticulous detailing to a fully stocked cabin, all the way to the big red bow on top of the aircraft at delivery, we make sure all of the i’s are dotted and t’s are crossed in your pre-owned Pilatus.
That includes Kahu! Kahu, the hula dancer on your dash, carries the native Hawaiian name that means guardian, protector, and safekeeper. She’s there as a symbol of our wish for you–safe travels, blue skies, and countless memories in your PC-12. Wherever your Pilatus takes you, Kahu will be along for the ride, keeping a watchful eye and cheering you on.
WWW.JETSWISS.COM
6
PC -12 CURRENT MARKET PRICING
AIRCRAFT ASKING PRICE VS. TOTAL TIME
$10.0M $9.0M $8.0M
Similar to the Asking Price vs Model Year chart, this information helps our clients determine “the mileage on the car” for their specific budget. Want to own a low-time aircraft? This chart will give you an indication on what you will spend. Note: aircraft under 1,000 hours total time historically yield much higher prices.
$ 7. 0 M $6.0M $5.0M
ASKING PRICE
$4.0M $3.0M $2.0M $1.0M 0
2,000
4,000
6,000
8,000
10,000
12,000
TOTAL HOURS
FOR SALE INTERNATIONALLY FOR SALE IN THE U.S.
AIRCRAFT ASKING PRICE VS. MODEL YEAR
$9.0M $8.0M $ 7. 0 M $6.0M $5.0M $4.0M
ASKING PRICE
This chart reflects the current market for Pilatus PC-12 aircraft that are on the retail market. Want to know how much your Pilatus dollars will buy? This is a great place to start! As you can see, the aircraft model year plays a key factor in pricing of the aircraft–thus generates a commensurate trend curve. This data provides a baseline for our aircraft evaluations.
$10.0M
$3.0M $2.0M $1.0M
FOR SALE INTERNATIONALLY FOR SALE IN THE U.S.
7
LEAVE THE NAVIGATING TO US ®
1990
1995
MODEL YEAR
2000
2005
2010
2015
2020
2025
2030
P C -24 CURRENT MARKET PRICING
PC-24 BY THE NUMBERS PC-24
18
366
A VAILABLE F OR SALE
O W N E RS UPGRA D E F R O M T H E P C- 1 2NG M O RE T H A N A NY O T H E R A I RCRA F T
13 Located in the USA 5 Located Internationally $16.0M
AIRCRAFT ASKING PRICE VS. TOTAL TIME
$15.0M $14.0M
This information helps our clients determine “the mileage on the car” for their specific budget. Want to own a low-time aircraft? This chart will give you an indication on what you will spend. Note: aircraft under 1,000 hours total time historically yield much higher prices.
$13.0M $12.0M $11.0M
ASKING PRICE
$10.0M $9.0M $8.0M $7. 0 M $6.0M 0
FOR SALE INTERNATIONALLY FOR SALE IN THE U.S.
500
1,000
1,500
2,000
2,500
TOTAL HOURS
AIRCRAFT ASKING PRICE VS. MODEL YEAR
$16.0M $15.0M $14.0M $13.0M $12.0M $11.0M $10.0M
ASKING PRICE
T OT AL AIRCRAFT MANU FACT U RED T O DAT E
$9.0M $8.0M $7. 0 M $6.0M 2017
2018
2019
MODEL YEAR
2020
2021
2022
2023 2024
2025
2026
This chart reflects the current market for Pilatus PC-24 aircraft that are on the retail market. Want to know how much your Pilatus dollars will buy? This is a great place to start! As you can see, the aircraft model year plays a key factor in pricing of the aircraft–thus generates a commensurate trend curve. This data provides a baseline for our aircraft evaluations. FOR SALE INTERNATIONALLY FOR SALE IN THE U.S.
WWW.JETSWISS.COM
8
H II S S M MO ON N TT H H ’’ S S FF EE A A TT U UR R EE TT H
PILATUS PRE-BUY INSPECTIONS:
THE DO’S, DON’TS, & DUH’S From a 45,000-foot perspective, the multimillion-dollar question exists: How far should you go when inspecting a multimilliondollar aircraft before purchasing it? A detailed logbook review? Of course. An engine borescope? Always. A Pre-Buy Inspection? Well, that depends. There isn’t a one-size-fits-all answer when it comes to pre-purchase diligence on a Pilatus PC-12. The most extensive route is to place the aircraft in a full annual, addressing all Chapter 4 & 5 items, and evaluating maintenance items due within the next 12 months or 300 hours. But the most extensive option doesn’t always mean the most appropriate. Timing, recent inspections, and the aircraft’s maintenance history should all factor into the decision.
THE DIFFE R E NC E B E TWE E N A N ANNUAL A N D P R E -B UY A pre-purchase inspection is generally an evaluation of an aircraft’s condition defined by the buyer in a purchase agreement. It might include an engine borescope, examination of specific airframe areas, operational checks, and a review of the aircraft’s maintenance record. Think of it as a “light annual inspection,” if you will.
9
LEAVE THE NAVIGATING TO US ®
On the other hand, an annual inspection is a formal maintenance event performed in accordance with the manufacturer’s prescribed inspection requirements. At a Pilatus Authorized Service Center, this typically involves Chapter 4 and Chapter 5 items. “You’d be hard-pressed to get a large Pilatus Service Center to sign off a ‘cursory Pre-buy’ inspection alone. They’re going to want to perform a formal inspection and not just look under the hood and sign their name,” explains JetSwiss Founder, Don “Bub” Peterson. At JetSwiss, we advocate taking diligence to the highest level possible. The majority of our projects involve a formal, comprehensive inspection supported by our Aircraft Condition Evaluation (ACE), Maintenance Analysis Examination (MAX), and our 127-point check. So then does every pre-buy need to become a full annual?
W H A T I F T H E A I R C R A F T J U ST HAD ITS ANNUAL? Let’s say you’re considering a Pilatus that completed an annual inspection just 60 days ago. And since then, it’s flown fewer than 10 hours and made only 5 landings. An expert may determine an annual inspection isn’t warranted given the timing (perhaps the end of the year), who performed the work, and a careful audit of this work.
T H I S M O N T H ’ S F E AT U R E
The point isn’t to inspect something simply for the sake of it. It’s to understand what’s already been done, what questions remain, and where additional diligence is warranted.
It arms our clients with the information they need to make intelligent decisions today, knowing what lies ahead.
D ON’T FORG E T TO LOOK AH E A D
D O I N G T H E PR O PE R DILIGENCE: THE DO’S, DON’TS & DUH’S
So far, we’ve talked about evaluating an aircraft’s history and its current condition. But there’s another piece of the puzzle that we believe deserves just as much attention. What’s coming next? An aircraft can pass an inspection today and still have significant maintenance expenses waiting just around the corner. A propeller overhaul, pitch trim actuator replacement, a wing pull, or another major scheduled maintenance event could represent a substantial financial commitment shortly after closing. “I bought an airplane last year and had a prebuy done at a satellite Pilatus Service Center. Six months later, I was required to complete a big maintenance item. Then at the next annual, I had another surprise hit me! It was almost another $100k worth of maintenance. How come this wasn’t addressed or talked about at the pre-buy?” Asked one of our recent clients. Should certain maintenance items be addressed before closing? Should they be deferred to the next scheduled inspection? And how should those expenses factor into the purchase price and negotiations? These are conversations worth having before the aircraft changes hands and you sign a purchase agreement. At JetSwiss, our diligence doesn’t stop at what’s due today. We evaluate every page of every logbook, cross-reference it with a maintenance status sheet, and then we produce a Maintenance Analysis Examination (MAX) LINK. The MAX projects maintenance requirements and expenses for up to three years into the future.
The reality is, no single inspection approach makes sense for every pre-owned Pilatus. But after years of buying, selling, flying, and evaluating these aircraft, we’ve developed a few guiding principles. DO your homework early Get to know the aircraft you’re buying to the best of your ability (logbooks, records, maintenance status, physical condition, etc.) DON’T assume a clean inspection means you’re in the clear What’s due in 300 hours can be just as important as what’s discovered today. DO remember that the devil is in the details A missed maintenance requirement or overlooked discrepancy can turn into a very expensive lesson. DON’T forget: Pay now or pay for it later Spending time and money on proper diligence today may save you considerably more down the runway. And the DUH? DBADA. That’s Bub’s not-sotechnical acronym for “Don’t Be a Dumb A**.” Surround yourself with the best aviation attorney, accountant, and aircraft experts you can find. The right people in your corner are worth their weight in gold. Thanks for listening to our TED Talk. Fly safe, The JetSwiss Team
WWW.JETSWISS.COM
10
TAIL FOR SALE 2016 PILATUS PC-12 NG N637NG | SN 1637
UNDER CONTRACT
1995 PILATUS PC-12/45 N208CG | SN 132
UNDER CONTRACT
2005 PILATUS PC-12/45 N637PH | SN 637
Dual Garmin GNS 530W NAV/COMM’s Garmin GMX200 MFD Garmin GDL69A XM Weather and Radio Garmin GTX345
NEW TO MARKET
New Interior - 2021 Excellent Original Paint
Looking for something specific? Click HERE for our Find My Pilatus form, and a member of our team will be in touch.
LED Landing and Taxi Lights
We appreciate your feedback! Please send any feedback to Pilatus@jetswiss.com.