Aircraft Valuation
Valuation Services.
Aeronave is active in the aircraft leasing & trading market, we understand the key value drivers that are essential for realistic valuation opinions. Whilst we can provide simple desktop appraisals we specialise in providing :
Extended desktop appraisals - which don’t require a physical aircraft inspection but do require consideration of maintenance status and other information, supplied by the client, that is pertinent to the aircraft valuation assignment; or
Full Appraisals - which includes an inspection of the aircraft and its maintenance records with applicable valuation adjustments; or
Comprehensive Appraisals - which, in addition to the aircraft inspection also provides an opinion on the subject aircraft’s compliance with continued airworthiness requirements; or
Where the applicable lease provisions are made available and in conjunction with the requested appraisal, the provision of a lease-encumbered value for the subject aircraft.
Lease Agreement Premium?
As aircraft trading between lessors and investors has increased, the larger lessors have argued that aircraft sold with a lease in place should have a higher value than an unencumbered aircraft. Leased aircraft have been trading at increasing premiums above appraised market values in recent years.
But buyer’s need to be aware: whilst lease agreements provide quantifiable revenue for a known investment, they also contain exposures for the lessor that need to be fully understood.
When provided with the necessary documentation, Aeronave’s appraisal reports are especially relevant for those investors acquiring used leased assets, as they will identify ownership risks, lease obligation exposures and issues that may affect future utility at lease transition or ultimate investment exit.