$10 Million Sale of 20 B737-200ADVs Reflects Age & Maintenance Status

October 18, 2004

Ryanair‘s [RYAAY] sale of 20 relatively young B737-200ADVs at a bargain price of $10 million reflects the damage caused to some of the aircraft by scribing. The carrier sold the 20 aircraft and spare engines to U.S. based Autodirect Aviation for $10 million.…

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Mission / Aircraft Values News was created in 1992 to provide independent and informed advice regarding current and future aircraft values, and the factors that affect them, to the air transport community.AVN's core activity is the provision of expert commentary on current and future market values and lease rates. AVN seeks to interpret and analyze current events, enabling readers to more accurately anticipate future market trends. AVN expertise centers on an appreciation that aircraft are a commodity, subject to vagaries of supply and demand. AVN's subscribers comprise decision makers at financial i aft lessors and airlines.