B747-300 Values Reach Virtual Scrap Levels

March 20, 2006

Despite approximating 20 years of age, values of the Boeing B747-300 are at virtual scrap levels, sometimes bolstered by demand for wet leases.

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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.