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Aircraft Values: Best Regional Aircraft of 2021

In the post-pandemic market, regional air travel has proven a key driver in aviation recovery, but which jets and turboprops have performed best by value in 2021? Using our aviation intelligence platform, and insights from our award-winning appraisal team, we highlight the top and worst performers for the year.

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Large Regional Jets

Top Performer: Embraer 170LR

An Embraer 170LR of LOT Polish Airlines at an airport


IBA has seen a resurgence in demand for the smaller members of the Embraer E1 aircraft family, with examples of the E170 exiting British Airways, Eastern Airways and Aeroméxico Connect, and moving into the fleets of American Airlines & Envoy. This has helped to drive an 8% increase in market value across all vintages. IBA expects a 10-12-year-old E170 to lease for between US$77k-86k per month.

Top Performer: Bombardier CRJ-900

A Delta Airlines Bombardier CRJ-900 aircraft landing in flight


The more modern design of the Embraer E-Jets has reduced the market favourability of the older CRJ aircraft overall, with the CRJ-900 showing an overall market value decrease of -8.3%across all ages in 2021. The expected lease rates that could be achieved for mid-life aircraft have also been adjusted downward, with aircraft in the 10-12 years age range attracting market lease rates in the range of US$ 76 k - US$ 84 k per month.

Small Regional Jets (50 seaters)

Top Performer: Embraer ERJ-135LR

A Luxair Embraer ERJ-135LR in flight


The smallest ERJ family member, the ERJ-135LR, faced a market value decline of 1.4% across all ages in 2020. This represents the smallest decline of aircraft in this class (featuring the ERJ-135LR, 140LR, 145LR and CRJ-200LR). This was closely followed by the ERJ-145LR, the value of which was reduced by 1.6%.

Worst Performer: Embraer ERJ-140LR

An Embraer ERJ-140LR of American Eagle in flight

Source: Derin, Flickr


The Embraer ERJ-140LR witnessed a 4.1% drop in market value in 2021, the highest of the category. The largest of the aircraft family, ERJ-145 aircraft are valued between US$ 1.14 and US$ 1.85 million at the close of 2021.


See also: Smaller Regional Jets Show Positive Value Adjustments


Top Performer: Bombardier DHC8 Q400

A Flybe Bombardier Dash 8 Q400 turboprop aircraft in flight


The DHC8 Q400 aircraft showed a 3.3% increase in value in 2021. Whilst the failure of UK-based regional carrier Flybe created an oversupply of DHC8 aircraft early in the pandemic, many of these aircraft have transacted and the market appears to be recovering. Some inventory with lessors is clearing, and we have seen placements to Connect Airlines, Cobham, LAM and LuxWing in the first half of 2021.

Worst Performer: ATR42-500

A FedEx ATR42-500 freighter aircraft on the ground at an airport


The ATR72-500 has shown a 3.2% reduction in market value in 2021. Whilst it is an ageing type with reduced demand for continued passenger operation, there have been some recent lease placements in Australia with HeviLift and Pelita Air in Indonesia. Some demand exists in the Passenger to freight (P2F) market, and some lessors' lease rates can attract a premium of US$ 10k+ per month for a -500 freighter when compared to a passenger aircraft.


See also: Embraer's New Turboprop Targets the North American Regional Jet


IBA Insight flexibly illustrates multiple asset, fleet, and market positions, actual and potential, to inform client choices and identify acquisition opportunities. Immediate access to crucial aircraft, engine, lease rate and fleet data eases appreciation of historic and future aircraft concentrations and operator profiles.


Learn more about IBA Insight

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