Aircraft Value News [July 31, 2023] -

Issue: July 31, 2023

B777-8 Values Under Threat

Reports of Emirates Conversion Risks “Variant Marginalisation” The values of the B777-8 have been difficult to assess ever since Boeing launched the B777X in 2013 and with reports that Emirates has now switched some orders for the variant to the -9, there is now even greater uncertainty. As with the…

By: Aircraft Value News

July 31, 2023

AVN

Court Cases Reveal Lease Rentals

The repercussions of the Covid Event are still being felt with lessors and lessees resorting to court action to resolve disputes that arose out of the worst event impacting aviation since the jet age but in so doing, actual lease rentals and prices are revealed which otherwise will have remained…

By: Aircraft Value News

July 31, 2023

AVN

Baseline Lease Rental Terms Return to “Normal”

The LRM (Lease Rental Matrix), which determines the average lease length and the adjustment to quoted lease rentals to reflect longer or shorter terms, has seen a further improvement over the last six months as traffic has improved. Lease terms can vary considerably and are to a large extent dependent…

By: Aircraft Value News

July 31, 2023

AVN

Engine Values Continue to Rise

Some operators are struggling to place aircraft back into service due to staffing and infrastructure issues but the market for spare engines has much improved as utilization rates have returned to approximate pre-pandemic levels and as some engine manufacturers struggle with reliability on newer engines, not least Pratt & Whitney.…

By: Aircraft Value News

July 31, 2023

AVN

Widebody Rentals Edge Higher for New Types

The peak market for the Northern Hemisphere is seeing a revival of fortunes for longer haul travel as passengers return to the skies after last year’s false start. In terms of international traffic, which includes European intra-country traffic and therefore is not long haul, as of May 2023, IATA reported…

By: Aircraft Value News

July 31, 2023

AVN

Values Ease Down After Strong Recovery

The values of many used heavy business jets have seen an extraordinary increase in the last eighteen months, but the last few months has seen some adjustment as owners take advantage of much improved pricing and place more aircraft on the market. The recent improvement in the values of the…

By: Aircraft Value News

July 31, 2023

AVN

Aircraft Asset Assessment - The MD90

Market Presence. The reasonable operating economics, low noise footprint and restriction emissions still failed to generate interest in the type from all but a single operator in the last decade even when alternatives were in short supply. The number of pilots certificated on the aircraft was limited making it difficult…

By: Aircraft Value News

July 31, 2023

AVN

“$152 million” for 2019 A350-900?

With respect to other datapoints, a 2010 A318Elite is on the market for $25 million which approximates the market value for a VIP aircraft of this vintage. A 2019 A350-900 is also being advertised for $152 million which is higher than the market values but in view of the limited…

By: Aircraft Value News

July 31, 2023

AVN