Chapter 11 Filings to Impact Values of Specific Aircraft

September 19, 2005

The bankruptcy filings of Delta Air Lines [DAL] and Northwest Airlines [NWAC] is expected to lead to the disposal of a number of aircraft, but in contrast to previous filings of US Airways [UAIRQ] and United Airlines [UALAQ], the impact on values will be type-specific rather than industry-wide.

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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.