Aircraft Value News [May 19, 2003] -

Issue: May 19, 2003

No Halt to Slide In Older Widebody Values

The parking lots are filling up with older widebodies and it appears increasingly likely that a proportion will never fly again. As operators focus on extracting greater efficiency from more expensive equipment and seek to streamline fleet structures, the appetite for acquisition and even retention continues to wane. The SARS…

By: Aircraft Value News

May 19, 2003

AVN

Smaller Turboprop Rentals Face Turbulent Times

The combination of regional jet replacement and higher passenger weights have conspired to place further pressure on the lease rentals of smaller turboprops, though perhaps values are being affected to a greater extent by these factors. With a permanent surplus in evidence, placement is proving difficult for those examples in…

By: Aircraft Value News

May 19, 2003

AVN

Smaller Widebody Values Continue to Decline

In common with the B767-200ER, values of the A310-300 continue to experience an irrevocable fall. The A310-300 was developed as a means of increasing the range of the basic -200. The extra range was achieved by increasing the MTOW (maximum take off weight) to an initial 150 tonnes and adding…

By: Aircraft Value News

May 19, 2003

AVN

Depressed Conversion Market Makes for Tough Call on Converted Values

When determining the cost of a converted freighter, the simple, if sometimes flawed, methodology of adding the value of the passenger aircraft to the conversion cost is being further undermined as more discounts are offered as inducements to potential customers. The cost of converting the B747-400 has fallen from nearly…

By: Aircraft Value News

May 19, 2003

AVN

US Airways Order Helps To Boost Confidence in RJ Residuals

Orders for 70-Seat Version Point to Changing Emphasis The relatively large order from US Airways, which recently emerged from Chapter 11 bankruptcy protection, for a plethora of regional jets provides a fillip to values in a segment that has recently experienced a measure of uncertainty due to difficulties of the…

By: Aircraft Value News

May 19, 2003

AVN

SARS Drops Out of Headlines But Widebody Demand Remains Fragile

The impact of SARS (severe acute respiratory syndrome) virus has failed to diminish over recent weeks such that airlines in South East Asia continue to find it necessary to ground aircraft and put acquisitions on hold. After dominating the news headlines for some weeks, the apparent containment of SARS within…

By: Aircraft Value News

May 19, 2003

AVN

B767-300ER Values Face Mixed Fortunes

B767-300ER values are experiencing mixed fortunes as the type is parked by some operators, while other operators continue to hold on to the type. The parking of some 14 B767-300ERs by American Airlines this year, together with 28 MD80s, underlines the severity of the financial difficulties that the airline is…

By: Aircraft Value News

May 19, 2003

AVN

Weight Problems Undermine 19-Seat Turboprop Values

The on-going problems associated with increasing average passenger weights are causing operators to reassess the use of smaller capacity turboprops. Already facing adverse passenger perception, the once ubiquitous 19-seat feeder turboprops are facing further difficulty as U.S. operators are being forced by the Federal Aviation Administration to up the average…

By: Aircraft Value News

May 19, 2003

AVN