Aircraft Value News [June 02, 2003] -

Issue: June 02, 2003

A318 Certification Fails To Inspire 100-Seat Values

Values of the A318, along with all 100-seaters, continue to be under pressure, despite the long awaited certification of the newest member of the A320 family. The certification of the A318 was originally planned to take place in 2002, but due to the redesign of the Pratt & Whitney PW6000…

By: Aircraft Value News

June 2, 2003

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Avro RJ Values Avoid Vortex, But BAe146 Residuals Set To Continue Falling

The announcement that Lufthansa is to retain and reconfigure 18 Avro RJ85s provides a much needed boost for values of the increasingly beleaguered model. Values of BAe146/Avro RJs have been under pressure over the course of the last 18 months as a result of the cancellation of the Avro RJX…

By: Aircraft Value News

June 2, 2003

AVN

Launch of CRJ705 Makes For Complex Residuals

Residual values of regional jets continue to undergo reassessment as the number of variants and models increase. The regional jet market has largely bucked the industry-wide recession, but the still fluid nature of the product line calls for careful assessment of medium- to long-term residuals. The current success of the…

By: Aircraft Value News

June 2, 2003

AVN

ERJ Pricing Closely Correlates With Values

With the differential between pricing and values of Embraers next-generation regional jets featuring only a 10 percent spread, the pricing of regional jets continues its tradition of maintaining a relatively close correlation. The imminent service entry of the new ERJ170 heralds a new era for Embraer. The new ERJ170 is…

By: Aircraft Value News

June 2, 2003

AVN

Lease Rentals Under Pressure As Demand Weakens

Despite the apparent successes being recorded in fighting severe acute respiratory syndrome (SARS), long-haul travel continues to be undermined by passenger aversion to travel to South East Asia, the perceived threat of terrorist action, and sluggish economic growth. The media coverage on the SARS virus may be increasingly sporadic, but…

By: Aircraft Value News

June 2, 2003

AVN

Freighter Values Fail to Inspire

With the completion of the military campaign in Iraq, freighter operators are likely to see an important source of revenue dry up, increasing the potential for more surplus freighter aircraft to appear. The fragile global economy continues to constrain the freighter sector. Whereas the passenger segment is facing difficulties associated…

By: Aircraft Value News

June 2, 2003

AVN

B737-600 Values Slip As Order Book Contracts

The lack of fresh -600 orders for nearly four years has raised the prospect of the variant becoming marginalized, widening the gap in value compared to the much more popular - 700 and -800. Values of the -600 were placed "On Watch" status over two years ago. With the last…

By: Aircraft Value News

June 2, 2003

AVN

Paris Air Show Likely To Showcase Technology Rather Than Orders

Following the lackluster order book exhibited during last years Farnborough Air Show, the imminent Paris Salon is likely to experience the same fate. However, one of the potential stars of the show will be a massive order from Emirates for a combination of A380, A340-600 and B777-300ER orders. The airline…

By: Aircraft Value News

June 2, 2003

AVN

Newer Turboprop Rentals Continue to Buck Jet Rate Woes

Though values of turboprops continue to experience some weakness, lease rentals are managing to achieve a measure of stability and in some cases are much higher than those secured for much larger narrowbodies. With rates for BAe146s now well below $100,000, the $67,000 per month reportedly being paid by Indian…

By: Aircraft Value News

June 2, 2003

AVN

Editor's Note

B767-300ER - In the May 19, 2003, issue of Aircraft Value News, it was incorrectly stated that American Airlines intended to park a number of B767-300ERs. American Airlines had instead announcement the parking of B767-200/-200ERs.

By: Aircraft Value News

June 2, 2003

AVN