Aircraft Value News [November 03, 2003] -

Issue: November 03, 2003

End of B757 Production Hits Values of Youngest Examples

The announcement that production of the B757 will cease by the end of next year represents a blow for employment in the Seattle area as well as for values of the youngest -200s and all -300s. The long expected decision to end production after some 20 years was finally precipitated…

By: Aircraft Value News

November 3, 2003

AVN

Aero Lloyd Predicament Potentially Hits Current A321 Rentals

The radical shake up of German charter operator Aero Lloyd is likely to see a number of A320 and A321s entering the market at a time when lease rentals are starting to pick up for both types. With a fleet of just over 20 aircraft, comprising a similar quantity of…

By: Aircraft Value News

November 3, 2003

AVN

Patchy Improvement in U.S. Market Keeps Values on Positive Trend Line

With losses contained, some profit recorded, on-going expansion of low fare operators, and creation of new carriers, there are at last signs that the U.S. market will again become a source of demand rather than supply, consolidating improvements being made in other regions. The overall fortunes of the U.S. market…

By: Aircraft Value News

November 3, 2003

AVN

Narrowbody Rentals Move Up

Rentals for some of the newer narrowbodies have seen a definite improvement over the course of the last quarter, despite the lack of movement in interest rates. The peak summer season has discernible improvement in demand. Many of the negatives have dissipated and passengers have started to return. The economic…

By: Aircraft Value News

November 3, 2003

AVN

Korean Air A380 Order Provides Further Comfort for Residual Forecasts

The order from Korean Air for five A380s provides further evidence that the appetite for the new Airbus model is growing at a sufficient rate to provide some comfort for residual values. With sub-assemblies now beginning to take shape, the Korean Air order for five A380s takes the total order…

By: Aircraft Value News

November 3, 2003

AVN

Stage 2 Values Remain in Abyss

With a slight and fractured recovery in the Stage 3 market, the problems of the Stage 2 segment are even more cruelly exposed. In contrast to previous recoveries, for indeed the point of recovery has now passed, where virtually all types experienced a measure of recovery, there now exists a…

By: Aircraft Value News

November 3, 2003

AVN

No Respite in View for MD83 Values

Despite being the most desirable of MD80 variants, the fortunes of the MD83 have fared little better than the other models. The deterioration in MD83 values, after some uncertainty in the early 1990s, began in earnest in 2000. The cessation of production in the preceding year, the increasing concern over…

By: Aircraft Value News

November 3, 2003

AVN

Aircraft Asset Assessment: The MD83

Market Presence. The MD83 experienced its heyday in the late 1980s and early 1990s. While values started to stumble more than 10 years ago, availability has only become a major issue in recent years. Over 11 percent of the fleet is currently parked. Even before production ceased in 1999, the…

By: Aircraft Value News

November 3, 2003

AVN

Turboprop Values Keep Turning on Higher Regional Jet Costs

Values of turboprops, having been variously written down to zero a few times over the last 15 years, are now managing to achieve a measure of stability due to the absence of new examples, retirement of older units and relative higher cost of regional jets. Turboprop values have been hit,…

By: Aircraft Value News

November 3, 2003

AVN

Euro Pricing Once Again Raises Prospect of Dual Currency Values

The reported possibility of Airbus pricing new aircraft in euros has once again raised the issue of whether values should be calculated in both euros and U.S. dollars. Pricing of aircraft has become increasingly common as a result of the expansion of the European Community and the common euro currency.…

By: Aircraft Value News

November 3, 2003

AVN