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Aircraft values continue to drop

Sept. 25, 2009 – Owen Geach comments, “The event was well attended, with over 150 delegates from the OEM, supply and distribution side of the aviation industry as well as a number of prominent analysts and professional advisers.


September 25, 2009
By Administrator

Sept. 25, 2009 – Owen Geach comments, “The event was well attended, with over 150 delegates from the OEM, supply and distribution side of the aviation industry as well as a number of prominent analysts and professional advisers.  All the main manufacturers gave Keynote Addresses over the two-day conference.  The mood was one of cautious optimism with many feeling that the market had reached bottom and signs of recovery were underway.
 
“On the back of this sentiment, IBA’s presentation focused on the impact that current market events have had on aircraft values and lease rates, and gave an update on our views for the near future.  In summary, IBA has seen a drop in values and lease rentals across all aircraft type – some more severe than others.”
 

The following is representative of what IBA sees in the market:
  2Q08   2Q09 % Drop
A320 (new) 395k / 43.5m 320k / 40.2m 18% / 8%
737-800 (new) 415k / 45.9m 340k / 42.2m 18% / 8%
A330-200 (10yr) 610k / 56.5m 520k / 50.8m  15% / 10%
767-300ER (10yr) 525k / 40.6m  430k / 34.1m 18% / 16%
MD83 (20yr) 62k / 3.9m 48k / 3.2m 23% / 18%
737-300 (20yr) 120k / 7.6m 90k / 5.8m 25% / 24%
747-400F (new) 1.2m / 148.5m 990k / 134.2m 18% / 10%

 
For a full copy of IBA's market update presentation please contact:

Owen Geach on owen.geach@ibagroup.com or
Jennie Tewson on +44 (0) 1403 218588 or jennie@inter-relations.co.uk.