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12 Year Old B777-300ER Scrapped

Author: Aircraft Value News
December 7, 2020

The Covid Event will accelerate the retirement of midlife aircraft, particularly widebodies, not only due to non performing leases and market weakness, but also because of accrued maintenance reserves and End of Lease Compensation.

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Tags: Airbus Airbus AIRCRAFT Boeing B777-300ER Bombardier McDonnell Douglas
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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.
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