Sale of B757s to VIM-Avia Provides Relief for Values, But Obstacles Remain

February 9, 2004

The disposal of 12 ex-Thomas Cook PW2000 powered B757s to VIM-Avia of Russia in a deal that reportedly involves approximately $126 million represents an important fillip to the market, though the issue of import taxes has not yet been fully resolved.

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Mission / Aircraft Values News was created in 1992 to provide independent and informed advice regarding current and future aircraft values, and the factors that affect them, to the air transport community.AVN's core activity is the provision of expert commentary on current and future market values and lease rates. AVN seeks to interpret and analyze current events, enabling readers to more accurately anticipate future market trends. AVN expertise centers on an appreciation that aircraft are a commodity, subject to vagaries of supply and demand. AVN's subscribers comprise decision makers at financial i aft lessors and airlines.