Aircraft Value News [February 27, 2023] -

Issue: February 27, 2023

Lessors In Left Hand Seat Once More As Lease Rates Rise

Traffic Surge, Aircraft Shortage & Staffing Issues Contribute to Rise The lease rentals of at least newer narrowbodies continue to rise but they may still be lower than pre-pandemic levels, albeit only for a few further months. The lessors are once again able to breathe easier with a greater proportion…

By: Aircraft Value News

February 27, 2023

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Ethiopian May Have Paid “$55m” Each for Six B737-8’s

Ethiopian Airlines may have paid $55 million each for six B737-8’s that were delivered from September 2022 through to March 2023. In late December 2022, the U.S. Export-Import Bank (EXIM) approved the guarantee of “$281 million from the Private Export Funding Corporation (PEFCO) to Ethiopian Airlines Group. These monies will…

By: Aircraft Value News

February 27, 2023

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Spirit Sells A319s for “$5.2-6.9 million” Each

Spirit Airlines has entered into an agreement with Gryphon Trading Company to sell 29 A319s at a total price of between $152 and $201 million according to reports. In January 2023, Spirit “signed an agreement to sell 29 unencumbered A319ceo aircraft powered with V2500 engines to Gryphon Trading Company, LLC…

By: Aircraft Value News

February 27, 2023

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Air Cargo Drop Cause for Concern for Freighter Values

December should be the busiest time for the airfreight industry and December 2022 more so in the context of the economic recovery from the Pandemic but demand for airfreight not only failed to live up to expectations, it also recorded a material fall from December 2021. Seemingly every day a…

By: Aircraft Value News

February 27, 2023

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Production Problems Force Values Higher

The values of new narrowbody managed to return to pre-Covid levels in late 2022 and this year will see still higher levels due to production delays and inflation. Inflation continues to influence the price – and value – of new aircraft. As the value of new aircraft rises, the value…

By: Aircraft Value News

February 27, 2023

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Rentals of New Widebodies Edge Closer to Pre-Covid Levels

The market for widebodies is taking longer to recover than the narrowbody sector for all too evident reasons but with borders now opening up on a global basis then this year will see a surge in demand and a further rise in rentals for some widebodies. The opening of Chinese…

By: Aircraft Value News

February 27, 2023

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Aircraft Ratings Show Improvement – For Some

The recovery of the passenger market, perhaps eighteen months sooner than predicted at the start of the Pandemic, is allowing the Aircraft Rating of some types to rise. Aircraft Type Oct-22 Oct-21 Oct-20 Oct-19 Oct-18 Oct-17 Oct-16 Oct-15 Oct-14 Oct-08 A319HGW 70t C- C- C-- C- C- C+ C+…

By: Aircraft Value News

February 27, 2023

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Values of New A321-200’s Experienced Volatility

The values of new A321-200s have experienced considerable change over more than 25 years having been subject to four major events during that time. When deliveries of the A321-200 began in earnest in the mid-1990s, the market was only just recovering from the effects of the First Gulf War. To…

By: Aircraft Value News

February 27, 2023

AVN