Aircraft Value News [February 23, 2004] -

Issue: February 23, 2004

Russian Fleet Revolution Offers Respite for Ailing Western Values

Potentially Innovative Disposal Offer Could Slash MD80 Surplus At A Stroke The reported offer of up to 200 used Western aircraft to beleaguered Russian airlines would do much to boost service levels in the country while also slashing the surplus of such aircraft as the MD80 and Fokker 100, and…

By: Aircraft Value News

February 23, 2004

AVN

B757-200ER Remarketing Faces Tougher Time Than For -200

Values of all B757s have experienced a precipitous fall over the last few years, but the -200ERs are facing difficulties due to their extended-range twin-engine operations (ETOPS) capabilities in conjunction with the emergence of new types of operators. The B757-200ER was developed to perform reasonably long-haul operations, even beyond the…

By: Aircraft Value News

February 23, 2004

AVN

Cost Pressures Could Result In More Basic Values For Ryanair Next Gens

The cost pressures on low-fare carriers such as Ryanair are forcing them to consider reducing their aircraft equipment specifications, potentially impacting residual values. The recent decision of the European Commission (EC), that subsidies provided to carriers by publicly owned airports are illegal, has forced Ryanair to consider making further cuts…

By: Aircraft Value News

February 23, 2004

AVN

Regional Jet Residuals Continue to Be Hampered by Fluid Product Line

The delay to service of the Embraer ERJ175, and the potential problems surrounding the launch of the ERJ195, which has just a single customer, provide further evidence that the residuals of such aircraft need to be constantly monitored. Originally slated in 2001 for service entry in 2004, the ERJ175 is…

By: Aircraft Value News

February 23, 2004

AVN

Narrowbody Rentals Not Out of the Woods Yet

The improvement in lease rentals remains patchy as only a few aircraft types are benefiting from the recovering market conditions. The final quarter of 2003 and the first few months of 2004 showed a distinct improvement in the rental levels of some Stage 3 aircraft. Notably, the B737-700 and -800…

By: Aircraft Value News

February 23, 2004

AVN

Freighter Values Edge Nearer to Recovery

The demand for airfreight capacity continues to increase to the degree that there is now an expectation that the values of at least some aircraft types will recover. The weak dollar, possibly lasting through to the November U.S. presidential elections, will be the stimulus for extra trading activity between the…

By: Aircraft Value News

February 23, 2004

AVN

Absence Of Orders for -600 Benefit -500 Prospects

Values of the -500 have experienced a continued decline in the last few years due to a changing market structure that has increasingly favored either smaller or larger equipment. Yet, unless there is a surge in orders for the -600 in the near future, operators will be hard-pressed to find…

By: Aircraft Value News

February 23, 2004

AVN

Assessment of Storage Figures Needed To Avoid Undue Influence on Values

Reported levels of availability and storage increasingly need to be scrutinized to gauge the real impact on values. The balance, or imbalance, between supply and demand is a crucial factor in determining either current or future values. With some 2,000 jet aircraft parked or stored, representing more than 10 percent…

By: Aircraft Value News

February 23, 2004

AVN