Aircraft Value News [July 14, 2003] -

Issue: July 14, 2003

Regional Jet Values Stable for Summer

Most regional jet values are enjoying a period of stability after a recent period of modest decline. A number of new orders and the continued diversion of services from major to commuter operators have been responsible for the perceived stability. The issue of scope clauses has historically been a cause…

By: Aircraft Value News

July 14, 2003

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Newer Narrowbody Rentals Stable - Just

With peak summer season and the disappearance of so many negatives, there exists marketplace optimism because rentals of newer narrowbodies have remained stable over the preceding three months. The principal negative affecting newer narrowbody lease rentals centered on availability, weak operator demand, low interest rates, and passenger aversion to travel.…

By: Aircraft Value News

July 14, 2003

AVN

A318 Residuals Experience Testing Times

The service entry of the A318 has unfortunately not been accompanied by an expansion of the order book. The last two years have been fraught with difficulty for the A318 such that the order book has actually contracted rather than expanded. Launched in April 1999 on the basis of 109…

By: Aircraft Value News

July 14, 2003

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Widebody Scrapping Starts To Encroach on Younger Types

While the market has inevitably experienced a rise in the number of older widebodies being scrapped, examples featuring service lives of less than 20 years are also being targeted for parting out. Ex-Canada 3000 A310-300s, only 16 years of age, are now being acquired for parting out, while some B767-200ERs…

By: Aircraft Value News

July 14, 2003

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A340-500 Values Placed On Watch Status, As Surplus -500s Remain Unplaced

Despite recent orders for the A340-600, new orders for the -500 are proving elusive such that values have been placed "On Watch" status to assess whether any change to current or residual values should be necessary. The ultra long-range A340-500, smaller than the -600 but larger than -300, though faring…

By: Aircraft Value News

July 14, 2003

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Freefall of Values No Longer Evident Despite Swiss Contraction

Values of Some Types Could Still Be Hit By Other Market Developments With major airlines reporting improved financial performance, including U.S. majors, the 30 percent slash in capacity by Swiss, a consequence of it seeking out a new niche, is likely to affect values of only one or two types,…

By: Aircraft Value News

July 14, 2003

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Hushkit Offers Respite for Beleaguered MD80 Values

The approval of a new Chapter 4 compliant hushkit offers a respite for values of the MD80 after suffering year-on-year declines in recent times. Modifications to the JT8D-200 have been on-going for a number of years as ways to reduce both emissions and noise have been sought. The hushkit, developed…

By: Aircraft Value News

July 14, 2003

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Availability Remains on Downward Trend

One of the key obstacles to any improvement in values centers on the level of availability continuing to represent a surplus. As long as there exists a considerable imbalance between supply and demand, heavily in favor of the former, then new aircraft orders will prove elusive and competition among sellers…

By: Aircraft Value News

July 14, 2003

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Revival of 728JET Program Unlikely To Affect CRJ700 & ERJ170 Values

The potential revival of the 728JET program by Chinese company D'Long International Strategic Investment is unlikely to have any impact on values of the competing CRJ700 and ERJ170 in the short term and certainly not until the first order is secured and the first units start to roll off the…

By: Aircraft Value News

July 14, 2003

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