Aircraft Value News [January 18, 2021] -

Issue: January 18, 2021

Widebody Net Pricing Remains Subdued

“PAX VAX” Becomes Increasingly Likely As Delivery Rates Wither With orders for widebodies failing to advance and delivery rates being cut, Airbus and Boeing are having to contemplate significant discounting if production lines are to remain economically viable in the next few years. Despite the collapse of international air traffic…

By: Aircraft Value News

January 18, 2021

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Lease Rates Continue to Struggle As Impairment Bites

The lessors continue to suffer from depressed lease rentals as a result of non payment and lease rental reductions. AerCap, one of the largest of lessors noted in their report for the third quarter “Basic lease rents were $897 million for the third quarter of 2020, compared with $1,067 million…

By: Aircraft Value News

January 18, 2021

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Auction of A340-200s Sees $500,000 Sale Price

Two French Air Force A340-200s have been sold via an auction with the sale price exceeding by five times the original reserve price. The two A340-200s built in 1995 originally had a reserve price of under $100,000. The aircraft had been kept in an airworthy condition but even in such…

By: Aircraft Value News

January 18, 2021

AVN

Spare Engine Prices Continue to Stall

The issue for spare engines values lies with the imbalance between supply and demand with the widebody engines particularly impacted. The value of a spare used CFM56-7B26 engine prior to the Covid Event could easily be in excess of $5 million which was a result of the imbalance between supply…

By: Aircraft Value News

January 18, 2021

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Regional Jet Lease Rentals Stumble

There is a perception that because traffic has fallen, operators are rushing to use smaller regional jets but this is relevant to only a few operators. Where operators already have regional jets in their fleet they are tending to use them to a greater extent but others prefer to use…

By: Aircraft Value News

January 18, 2021

AVN

Gulfstream Values Experience Some Stability

The business jet market is showing some signs of stability in terms of values although in the immediate aftermath of the Covid Event there was something of a knee jerk reduction in values as restrictions took hold only to then see a quick recovery. In the third quarter of 2020…

By: Aircraft Value News

January 18, 2021

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CRJ900 Values Stable After Massive Fall

There are now only some four CRJ900 remaining to be delivered before production ceases. A total of 500 CRJ900s have been delivered with 381 being in active service, 78 in storage, 27 are undergoing maintenance, three have been scrapped, four are on order, and five are beyond repair. Two of…

By: Aircraft Value News

January 18, 2021

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Aircraft Asset Assessment—CRJ900

Market Presence. The demand for the CRJ900 has been notable with a final tally of 500 ordered as of the of production that will occur in 2021. The demand for the 75-90 seats was proven with the F100, the BAe146-200/300/RJ85 but the CRJ900 brought new operating economics. While the concentration…

By: Aircraft Value News

January 18, 2021

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Disparate Recovery Expected for A320ceo Values

The values of the youngest A320ceos are experiencing a very slight improvement from the twenty five percent loss nearly a year ago illustrating that any increase will not be universally applied to all A320ceos. The issue for the A320neo, more so than the B737-800, is that the type has been…

By: Aircraft Value News

January 18, 2021

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