Aircraft Value News [November 9, 2020] -

Issue: November 9, 2020

International Flights Being Gradually Restored But Values Remain Weak

Values of aircraft continue to remain weak largely because demand is limited, and the number of flights continues to be a third less than in February. The 29th October 2020 saw 63,185 commercial flights compared to 91,852 flights as of 5th February. While the recovery in domestic markets, albeit aided…

By: Aircraft Value News

November 9, 2020

AVN

United $3 billion EETC 2020-1 Provides LTV of 50% & 45%

60% LTV for Spare Parts & Engines When Using Base Values While some EETC deals have unraveled during the Covid Event, United Airlines has launched a prospectus that incorporates aircraft, engines and spare parts without resorting to cross-default or cross-collateralization measures which provides some measure of comfort than if the…

By: Aircraft Value News

November 9, 2020

AVN

Values of A350-900 and B787-9 Start to Climb

The international sector remains fragile at best but there are improvements even as some countries announce further lockdowns and curbs on international travel and this is allowing some values to recover from historic lows. The cycle was at its lowest in April when most passenger aircraft were grounded…

By: Aircraft Value News

November 9, 2020

AVN

Absence of Orders & Reduced Deliveries Will Aid Value Recovery

Normally an absence of orders and drastic reduction would be a cause of concern but in these very distinctive market conditions, they will aid the recovery accelerating the restoration of the balance between supply and demand. The total number of jet aircraft in operation with airlines as of the end…

By: Aircraft Value News

November 9, 2020

AVN

A380 Experienced Better Mid Life Values Than B747-400

The A380 has not been a success for Airbus or investors and to a large extent values have not performed as well as those for the B747-400 except for a few short years. In the 1990s both Airbus and Boeing were examining the potential demand for the very large aircraft…

By: Aircraft Value News

November 9, 2020

AVN

Regional Jet Lease Rentals Stable But Still Weak

The regional jet segment of the market should be one of the more robust given the ability to serve domestic routes and short haul international sectors but in the context of local lockdowns and the limited appetite for travel, particularly among the business community, demand is not as strong as…

By: Aircraft Value News

November 9, 2020

AVN

Widebody Values Stable After Catastrophic Fall

Because the consequences of the Covid Event were fully appreciated in April and values adjusted accordingly at that time, there has been lesser movement in recent months. Values and Ratings courtesy of The Aircraft Value Analysis Company www.aircraftvalues.net, www.aircraftvalues.com. The Aircraft Value Analysis Rating (AVAR) reflects the considered suitability for…

By: Aircraft Value News

November 9, 2020

AVN

A321neo Values Wobble

Values of the A321neos already in service have experienced a considerable decline in line with other narrowbodies. There are some 70 A321neos still in storage but over 300 in active service, a reasonable proportion when compared to most other narrowbodies. Prior to the Covid Event, the demand for the A321neo…

By: Aircraft Value News

November 9, 2020

AVN

Aircraft Asset Assessment - The A321neo

Market Presence. With 72 customers for the A321neo the variant has exceeded all expectations in terms of orders and customers. Whilst not every operator will wish to fill the aircraft with 230-240 seats, the move away from even 180 seats is clearly illustrated. Operators are increasingly seeking to improve efficiency…

By: Aircraft Value News

November 9, 2020

AVN