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Aircraft Archive: McDonnell Douglas DC9-10
Chapter 2 Values Remain At Scrap Levels
The value attributed to most Chapter 2 aircraft lay in the eye of the operator. The majority of Chapter 2 or stage 2 aircraft are now fortunate to possess a value greater than $1 million. The number in storage only seems to rise rather than fall, even though more are…

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September 18, 2006
AVN
Chapter 2 Values Hit the Buffers
The values of the older Chapter 2 aircraft continue to decline with many having reached scrap levels in recent years. Noise, maintenance and fuel costs have all combined to ensure the displacement of the old in favor of the new. The preference for newer aircraft is also a function of…

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May 15, 2006
AVN
Chapter 2 Values Languish
While values of newer Chapter 2 aircraft continue to experience an increase, older units face further weakness in the face of high fuel prices. The values of Chapter 2 aircraft are continuing to decline due to a number of factors. The previous economic downturn in the industry caused many operators…

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January 23, 2006
AVN
Chapter 2 Values Fail to Gain from Shortage
The values of Chapter 2 aircraft continue to decline despite the overall shortage of newer equipment. The high price of fuel has served to accelerate the replacement of older units, at least where operators have been able to secure alternative equipment. For most Chapter 2 aircraft, values are at scrap…

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September 19, 2005
AVN
Chapter 2 Values Approaching Scrap Levels
While the values of newer aircraft types continue to strengthen, the values of Chapter 2 aircraft have failed to register any improvement. There is now a discernible shortage of quality equipment, but the market continues to turn away from older examples despite their low capital cost. The lack of newer…

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May 30, 2005
AVN
WestJet Retirement Highlights Value Weakness
Following the sale of 20 B767-200ADVs by Ryanair [RYAAY], WestJet [WJA.TO] has announced it will be replacing 15 similar aircraft with Boeing [BA] B737NGs ahead of schedule. The high price of fuel and an increasing maintenance burden are taking their toll on Stage 2 equipment, no matter their age. With…

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February 21, 2005
AVN
Even Scrap Values Provide Little Solace
The sale of 20 B737-200ADVs, a number of spare engines and associated spares by Ryanair [RYAAY] for $10 million highlights the continued deterioration in Chapter 2 values. The line between airworthiness and the scrap yard is increasingly fine. For the B737-200ADV, in particular, the aircraft is subject to a number…

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October 18, 2004
AVN
Chapter 2 Values Continue March to Junkyard
Despite the improvement in general market conditions, there appears to be no chance of any respite for the values of Stage 2 equipment. The unsuitability of most Stage 3 aircraft for asset-based financing has been apparent for a number of years, despite continued widespread operation. There are still a large…

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July 12, 2004
AVN
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