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Widebody Rentals Lose Direction
While some rentals of newer widebodies have managed to stage a recovery, the uncertainty surrounding the effects of a conflict in the Middle East is serving to keep the lid on any appreciable increase. Demand for widebodies has improved slightly over the last few months despite the lean winter quarter…

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February 24, 2003
AVN
Values Need To Compensate For GE90 PIP Package
The China Southern order for upgrade kits to its existing GE90 powerplants underlines the need to accurately incorporate material changes to an engine in the valuation of aircraft. The China Southern order for 23 Performance Improvement (PIP) upgrade kits for its B777-200/-200ERs equate to a unit cost of $1.5 million…

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February 24, 2003
AVN
Aircraft Condition Vital for Chapter 2 Values
The decline in values of Stage 2/Chapter 2 aircraft shows little sign of abating, though those in good condition continue to be placed. The significance of aircraft condition, maintenance status and specification increase with age. With Stage 2 aircraft now mostly being in excess of 20 years of age, if…

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February 24, 2003
AVN
B737-400 Faces Ever Weaker Values
The B737-400 achieved a measure of success through the 1990s, more as a consequence of association with the much more popular B737-300. With the arrival of the A320, a type that offered slightly greater capacity but much better payload/range, the fate of the B737-400 was largely determined. The cause of…

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February 24, 2003
AVN
Fokker 100 Values Potentially Benefit From New Support
Values of the Fokker 100, having suffered one of the most significant declines among jet aircraft in the last 18 months, have the potential to be stabilized by the creation of a new support program from key players, Fokker Services and Rolls-Royce. The virtual collapse in Fokker 100 values, caused…

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February 24, 2003
AVN
Values of DC8-73Fs Face Further Decline As More Are Parted Out
Values of the DC8-70F continue to face difficult times as a further seven units are acquired by Aeroturbine from Emery Worldwide for apparent scrapping. The acquisition by Aeroturbine, adding to the three -73Fs already acquired for part out, points to extremely weak market conditions for the type. Just a few…

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February 24, 2003
AVN
BAe146 Values Face Pressure as Operators Seek Replacements
Disposals of Aircraft Increase as Competition Intensifies Values of the BAe146 and derivative Avro RJs continue to decline as long standing operators seek replacements. The level of availability is likely to be increased as a result of the decision of SN Brussels, essentially the reincarnation of Sabena, to dispose of…

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February 24, 2003
AVN
Testing Time for Values of PW6000 Powered A318
The beleaguered A318 program, continuing to face a diminishing rather than rising order book during flight testing, is at least enjoying a measure of renewed interest, fortified by successful testing of the modified PW6000 engine. Though delayed by a considerable 30 months, testing of the high pressure compressor has produced…

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February 24, 2003
AVN
Freighter Conversions Offer Prospect of Respite for Depressed B757 Values
The prospect of ever cheaper B757 conversions increases the likelihood that some of the current excess will be acquired for freighter conversion, thereby reducing the considerable pressure for even greater discounting of B757 passenger values. Values of the B757 have tumbled over the course of the last two years due…

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February 24, 2003
AVN
Dash8 Values Under Scrutiny As Program Viability Reviewed
Though Bombardier has restarted Dash8 production after a two month hiatus, continued uncertainty over the viability of the turboprop program raises the prospect of permanent closure and as a consequence, a weakening of values. The values of the Dash8 have been facing considerable pressure in recent years due to the…

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February 24, 2003
AVN