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Aircraft Archive: Lockheed L1011-1/-200
High Fuel Prices Hasten Demise of Older Widebody Values
The high price of fuel is continuing to take its toll on the demand for older widebodies, with values experiencing further weakness. Far from stronger international traffic resulting in the acquisition of surplus ageing widebodies, the improved market conditions are allowing operators to seek replacements. With the high price of…

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June 13, 2005
AVN
Older Widebody Values Find No Solace In Rising International Traffic
The demand for older widebodies continues to weaken as the high price of fuel forces operators to acquire newer, more fuel-efficient models. The parking lots are already full of unwanted older widebodies. Placement with second- and third-tier carriers is possible but usually only for shorter terms. With the cost of…

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March 21, 2005
AVN
Values of Older Widebodies Continue To Face Harsh Environment
The increase in international traffic is allowing major operators to further improve the utilization of existing equipment and contemplate the acquisition of new aircraft. In contrast to previous recovery periods, operators prefer to dispose of older equipment, and values are inevitably being adversely impacted as a result. One of the…

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November 1, 2004
AVN
International Traffic Fails to Halt Slide in Older Widebody Values
International carriers are virtually scrambling to find capacity to meet the surge in traffic but little respite is being afforded the widebodies no longer in production. The need for capacity is serving to accelerate the displacement of older equipment. High operating costs and lack of interior flexibility are making out…

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August 23, 2004
AVN
Recovery Fails to Aid Aging Widebody Values
The scrapping of older widebodies has become one of the few options left for owners. The parking lots remain full of aging aircraft, few of which are likely to return to the skies. For most, freighter conversion is no longer an option, as operators seek to convert aircraft such as…

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May 17, 2004
AVN
Scrap Levels Continue To Dominate
Scrap values are increasingly being viewed as the norm for older widebodies as demand continues to weaken. The larger widebodies out of production - the B747-200, DC10, L1011 - have been a key component of the parking lot for nearly a decade. Values have consistently declined such that values virtually…

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August 25, 2003
AVN
No Halt to Slide In Older Widebody Values
The parking lots are filling up with older widebodies and it appears increasingly likely that a proportion will never fly again. As operators focus on extracting greater efficiency from more expensive equipment and seek to streamline fleet structures, the appetite for acquisition and even retention continues to wane. The SARS…

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May 19, 2003
AVN
Older Widebody Values Continue to Slide
The residual values of the older widebodies do not face an uncertain future - their continued demise is a certainty. As young B747-400s may be snapped up for less than $50 million, and in view of the ready supply of both new and used modern widebodies, it seems unlikely that…

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March 10, 2003
AVN
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