Aircraft Value News [January 16, 2023] -

Issue: January 16, 2023

Values of Newer Widebody Aircraft Set to “Fly” 2023

Older Widebody Values See Little Improvement Despite Demand The year 2022 saw values of in-production narrowbodies reach, and even exceed, pre-Covid levels but it will only be in the latter part of 2023 that widebodies will be able to boast the same degree of recovery. The international markets, particularly long…

By: Aircraft Value News

January 16, 2023

AVN

Values of Large VVIP Jets Remains Volatile As BBJ B747-8 Scrapped

The values of the large VVIP aircraft can suffer from significant swings as the scrapping of the VVIP B747-8 demonstrates. The VVIP B747-8 was originally ordered by the late Sultan bin Abdulaziz Al Saud who died unexpectedly in 2011 before the aircraft was completed. No other member of the Saudi…

By: Aircraft Value News

January 16, 2023

AVN

Russian Il-76TD Aircraft End Up in Auction

The two Belarusian Il-76TD cargo aircraft that were on the market have finally be sold via an auction after failing to be placed by other means in the preceding months. The two Il-76TD cargo aircraft were eventually placed into an auction. The aircraft were previously operated by Transaviaexport Airlines but…

By: Aircraft Value News

January 16, 2023

AVN

Maintenance Reserves & EOL Payments Continue to Escalate

The inflationary effects on the maintenance, repair, overhaul (MRO) business as a consequence of the Russian invasion of Ukraine and the supply chain issues resulting from the Covid Event are inevitably seeing operators paying more, both in terms of hourly maintenance reserves and End of Lease compensation payments. During 2021,…

By: Aircraft Value News

January 16, 2023

AVN

Turboprop Lease Rates Continue to Improve

The market for turboprops continues to improve as the leisure grows again post pandemic. The turboprop market depends much much on the leisure industry than the business sector and only now are services being restored in many countries with 2023 expected to see considerable demand. The turboprop sector has experienced…

By: Aircraft Value News

January 16, 2023

AVN

Values Rise by “50 Percent” in Last Year

The recovery in values of heavy business jets has been remarkable and owners of commercial jets are naturally envious. The improvement in the values of the larger business jets however needs to be placed into the context of a significant fall in the period 2014-2016. Because of over supply, and…

By: Aircraft Value News

January 16, 2023

AVN

Used Dash8Q-400 Values Achieve Some Stability

The market for the Dash8-400, having experienced a variety of fortunes, is now experiencing a measure of stability even if production has been halted – possibly temporarily. The Dash 8, in contrast to the Dash 7, was designed in the knowledge that the majority of customers would be using established…

By: Aircraft Value News

January 16, 2023

AVN

Values of Used A320neos Now Above Pre-Covid Projections

The adverse effect of the Covid Event on the values of the A320neo have been reversed as the demand for the type has intensified. The value of a 2015 vintage A320neo is now just under $33 million. This compares with a pre-Covid October 2019 value of $39 million and therefore…

By: Aircraft Value News

January 16, 2023

AVN