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IBA Sees Regional Jet Recovery Outstrip That Of Turboprops


IBA has highlighted the difference in the rate of recovery from the pandemic of turboprops and regional jets.

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IBA, the leading aviation data and advisory consultancy, has highlighted the difference in the rate of recovery from the pandemic of turboprops and regional jets.


In a recent Aircraft Values webinar, IBA illustrated the faster recovery in regional jet utilisation, values and order rates, compared to turboprops.

Data from IBA's InsightIQ platform indicates signs of recovery in regional jet fleet utilisation. Fleets were stored or parked in large numbers in August 2020, with only 49% of Embraer E190 aircraft active. A year on, fleet usage has grown with E190 fleet utilisation rising to 70% - a significant increase although still behind the 89% pre-pandemic utilisation levels in August 2019.

By contrast, turboprops are seeing a slower return towards pre-pandemic levels than regional jets. As an example, the pre-pandemic utilisation of the global ATR72-500 fleet was at 73% in August 2019, dropping to just 49% at the same time in 2020, and having only made a slight recovery to 54% in August 2021.

Looking at utilisation of these two aircraft classes across different global regions, turboprops continue to see increased activity across North America, Europe & CIS and Latin America, with moderate declines in activity tracked in Africa and Asia Pacific. Meanwhile, regional jets are tracking downwards in Asia Pacific and the Middle East but upwards in all other regions.

There have already been a considerable number of orders for regional jets so far this year, with 100 having been placed already - compared with a total of 171 for the duration of 2019. Conversely, orders for turboprops are yet to recover with just 3 registered orders having been made in 2021. This contrasts with the 63 ordered in 2019.

Both regional jet and turboprop values have begun to stabilise following a steep decline as a result of the pandemic, with the value profiles of E190LR and ATR72-500 models beginning to track base values again - albeit at a market value approaching soft value in many cases. Base values are unchanged for now, but remain on watch.


Secondary market trading volumes for regional aircraft have made a strong recovery, with further gains expected to be driven by M&A in the sector. Based on current transaction levels, IBA estimates that the number of events in 2021 will be 921 - compared with a total of 1,082 in 2019. The E190AR has been involved in the most transactions so far in 2021, totalling 62.

Phil Seymour, IBA's President, says: "The recovery in regional jets so far this year has far outstripped that of turboprops, although both have maintained a similarly steady upward trajectory in the last quarter. The regional jet market is concentrated on the fast-recovering US region, but we are starting to see some positive movements in the turboprop market, driven in part by an uptick in flight utilisation in Europe.

"We expect to see a continuing recovery in the secondary market for these aircraft types, driven by a growth in traffic in certain global regions and by low production rates."


IBA Webinar

The IBA webinar slides can be downloaded from here.


Further comment / interviews

Phil Seymour, President, IBA is available for interview to offer further comment and insight.


IBA media contacts

Charlie Hampton / Rosie Causer
Email: [email protected] / [email protected]
Mobile: +44 (0)7884 187297 / +44 (0)7875 132567


About IBA

IBA has over 30 years' experience in delivering independent, expert business analysis and data on the aviation sector. Established in 1988, it provides a wide range of services including InsightIQ, a one-stop intelligence platform combining speed, accuracy, visual analytics and intuitive navigation

IBA advises prominent investment funds and banks, aircraft leasing companies, operators, manufacturers and MROs. In January 2020, IBA was named 'Appraiser of the Year' by Airline Economics. For more information, visit

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