Jetrader - Spring 2018 - 49

CRITERIA ASSOCIATED WITH PRINCIPAL TYPES OF APPRAISED VALUES
BASE VALUE

MARKET VALUE

DISTRESS VALUE

The Aircraft
Time status (if not new)

Usually mid-time, mid-life

Usually as found

Usually as found

Usually average, considering type and age

Usually as found

Usually as found

Yes

Yes

Maybe

Willing, able, prudent & knowledgeable

Yes

Yes

Yes

Lack of pressure

Yes

Yes

No; seller is usually "motivated"

Physical condition (if not new)
Highest, best use valuation
The Parties

The Market
Open, unrestricted

Yes

Yes

Yes

Reasonably stable, reasonably balanced

As perceived at the time

As perceived at the time

Arm's-length

Yes

Yes

Yes

Sale for cash or equivalent

Yes

Yes

Yes

Adequate time for effective exposure on market

Yes

Yes

No

Single-unit sale

Yes

Usually

Maybe

State of market balance
The Transaction

this type of inspection is performed
when an aircraft is being exported from
one regulatory jurisdiction to another
regulatory jurisdiction.

are in sufficiently good order to allow
for the re-registration of the aircraft in a
different country.

ISTAT Definition:
Comprehensive Appraisal

Financial Appraisal

ISTAT Definition:
Financial Appraisal

A financial appraisal is a discrete type
of appraisal that determines the value of
an aircraft to an investor based upon the
income-earning potential from its lease
and residual value, computed from the
anticipated revenue stream of lease rental

A financial appraisal is one that determines the value of an aircraft to an investor
based upon the income-earning potential
from its lease and residual value. A financial
appraisal may be done in conjunction with
either desktop or full appraisals.

A comprehensive appraisal is one that
includes a detailed inspection of the aircraft
and records. Sufficient detail is required,
for example, to ensure that the records

payments and the value of the aircraft at
the end of the lease.

Center Tank
Flammability Solutions

Group
Making Things Better

FAA Approved Solution to § 25.981
PMA Holder PQ1606CE

B737 (200-900)
STC ST03450NY
B757 (200)
STC ST04415AT
B767 (200-300)
STC ST04405AT
Airbus (A319-A321)
STC ST03834NY

U.S. Patent No. 9,849,998

KITS AVAILABLE NOW
>> B737 >> B757
>> B767 >> A320 Series

MINIMAL Down
Time / Kit Delivery
Phone: 404-346-7175 ext. 224 * Sales@jetairegroup.com

899707_Jetaire.indd 1

www.jetairegroup.com
Jetrader * Spring
2018 49
2/5/18 3:18 PM


http://www.jetairegroup.com http://www.jetairegroup.com

Table of Contents for the Digital Edition of Jetrader - Spring 2018

A Message from the President, Douglas W. Runte, CFA, 2017-2018 ISTAT President
Calendar/News
Q&A: C. Jeffrey Knittel, Chairman and CEO, Airbus Americas
Evolution of Technology in the Engine Market
Gaining Momentum
Ending the Year in Style, Around the Globe
Making Connections
Aviation Insights Q&A: A Conversation with DAE Chief Executive Officer Firoz Tarapore
Appraisals
Member Benefit: Complimentary Conference Attendance for Members Between Jobs
In Memoriam: Philip Lobkowicz, Gunnar Björg and Brian Tumulty
From the ISTAT Photo Archives: The ISTAT Latin America Forum and Dubai Airshow Reception Over the Years
Aviation History: Revisiting the Bristol Brabazon
Aircraft Appraisals: Airbus A320neo/Boeing 737 MAX 8
Finding Fresh, New Talent Through the ISTAT Foundation Internship Program
Advertiser Index
Advertiser.com
Jetrader - Spring 2018 - Intro
Jetrader - Spring 2018 - cover1
Jetrader - Spring 2018 - cover2
Jetrader - Spring 2018 - 3
Jetrader - Spring 2018 - 4
Jetrader - Spring 2018 - 5
Jetrader - Spring 2018 - 6
Jetrader - Spring 2018 - A Message from the President, Douglas W. Runte, CFA, 2017-2018 ISTAT President
Jetrader - Spring 2018 - 8
Jetrader - Spring 2018 - 9
Jetrader - Spring 2018 - 10
Jetrader - Spring 2018 - 11
Jetrader - Spring 2018 - Calendar/News
Jetrader - Spring 2018 - 13
Jetrader - Spring 2018 - Q&A: C. Jeffrey Knittel, Chairman and CEO, Airbus Americas
Jetrader - Spring 2018 - 15
Jetrader - Spring 2018 - 16
Jetrader - Spring 2018 - 17
Jetrader - Spring 2018 - 18
Jetrader - Spring 2018 - 19
Jetrader - Spring 2018 - Evolution of Technology in the Engine Market
Jetrader - Spring 2018 - 21
Jetrader - Spring 2018 - 22
Jetrader - Spring 2018 - 23
Jetrader - Spring 2018 - 24
Jetrader - Spring 2018 - 25
Jetrader - Spring 2018 - Gaining Momentum
Jetrader - Spring 2018 - 27
Jetrader - Spring 2018 - 28
Jetrader - Spring 2018 - 29
Jetrader - Spring 2018 - 30
Jetrader - Spring 2018 - 31
Jetrader - Spring 2018 - 32
Jetrader - Spring 2018 - 33
Jetrader - Spring 2018 - Ending the Year in Style, Around the Globe
Jetrader - Spring 2018 - 35
Jetrader - Spring 2018 - 36
Jetrader - Spring 2018 - 37
Jetrader - Spring 2018 - 38
Jetrader - Spring 2018 - 39
Jetrader - Spring 2018 - Aviation Insights Q&A: A Conversation with DAE Chief Executive Officer Firoz Tarapore
Jetrader - Spring 2018 - 41
Jetrader - Spring 2018 - 42
Jetrader - Spring 2018 - 43
Jetrader - Spring 2018 - 44
Jetrader - Spring 2018 - 45
Jetrader - Spring 2018 - 46
Jetrader - Spring 2018 - Appraisals
Jetrader - Spring 2018 - 48
Jetrader - Spring 2018 - 49
Jetrader - Spring 2018 - 50
Jetrader - Spring 2018 - Member Benefit: Complimentary Conference Attendance for Members Between Jobs
Jetrader - Spring 2018 - 52
Jetrader - Spring 2018 - In Memoriam: Philip Lobkowicz, Gunnar Björg and Brian Tumulty
Jetrader - Spring 2018 - 54
Jetrader - Spring 2018 - From the ISTAT Photo Archives: The ISTAT Latin America Forum and Dubai Airshow Reception Over the Years
Jetrader - Spring 2018 - Aviation History: Revisiting the Bristol Brabazon
Jetrader - Spring 2018 - 57
Jetrader - Spring 2018 - 58
Jetrader - Spring 2018 - 59
Jetrader - Spring 2018 - Aircraft Appraisals: Airbus A320neo/Boeing 737 MAX 8
Jetrader - Spring 2018 - 61
Jetrader - Spring 2018 - 62
Jetrader - Spring 2018 - Finding Fresh, New Talent Through the ISTAT Foundation Internship Program
Jetrader - Spring 2018 - 64
Jetrader - Spring 2018 - Advertiser Index
Jetrader - Spring 2018 - Advertiser.com
Jetrader - Spring 2018 - cover3
Jetrader - Spring 2018 - cover4
https://www.nxtbook.com/naylor/ISTS/ISTQ0418
https://www.nxtbook.com/naylor/ISTS/ISTQ0318
https://www.nxtbook.com/naylor/ISTR/ISTR0018
https://www.nxtbook.com/naylor/ISTS/ISTQ0218
https://www.nxtbook.com/naylor/ISTS/ISTQ0118
https://www.nxtbook.com/naylor/ISTS/ISTQ0417
https://www.nxtbook.com/naylor/ISTS/ISTQ0317
https://www.nxtbook.com/naylor/ISTR/ISTR0017
https://www.nxtbook.com/naylor/ISTS/ISTQ0217
https://www.nxtbook.com/naylor/ISTS/ISTQ0117
https://www.nxtbook.com/naylor/ISTS/ISTQ0416
https://www.nxtbook.com/naylor/ISTS/ISTQ0316
https://www.nxtbook.com/naylor/ISTR/ISTR0016
https://www.nxtbook.com/naylor/ISTS/ISTQ0216
https://www.nxtbook.com/naylor/ISTS/ISTQ0116
https://www.nxtbook.com/naylor/ISTS/ISTQ0415
https://www.nxtbook.com/naylor/ISTS/ISTQ0315
https://www.nxtbook.com/naylor/ISTR/ISTR0015
https://www.nxtbook.com/naylor/ISTS/ISTQ0215
https://www.nxtbook.com/naylor/ISTS/ISTQ0115
https://www.nxtbook.com/naylor/ISTS/ISTQ0414
https://www.nxtbook.com/naylor/ISTS/ISTQ0314
https://www.nxtbook.com/naylor/ISTR/ISTR0014
https://www.nxtbook.com/naylor/ISTS/ISTQ0214
https://www.nxtbook.com/naylor/ISTS/ISTQ0114
https://www.nxtbook.com/naylor/ISTS/ISTS0613
https://www.nxtbook.com/naylor/ISTR/ISTR0013
https://www.nxtbook.com/naylor/ISTS/ISTS0513
https://www.nxtbook.com/naylor/ISTS/ISTS0413
https://www.nxtbook.com/naylor/ISTS/ISTS0313
https://www.nxtbook.com/naylor/ISTS/ISTS0213
https://www.nxtbook.com/nxtbooks/naylor/ISTS0113
https://www.nxtbook.com/nxtbooks/naylor/ISTS0612
https://www.nxtbook.com/nxtbooks/naylor/ISTS0512
https://www.nxtbook.com/nxtbooks/naylor/ISTR0012
https://www.nxtbook.com/nxtbooks/naylor/ISTS0412
https://www.nxtbook.com/nxtbooks/naylor/ISTS0312
https://www.nxtbook.com/nxtbooks/naylor/ISTS0212
https://www.nxtbook.com/nxtbooks/naylor/ISTR0011
https://www.nxtbook.com/nxtbooks/naylor/ISTS0112
https://www.nxtbook.com/nxtbooks/naylor/ISTS0611
https://www.nxtbook.com/nxtbooks/naylor/ISTS0511
https://www.nxtbook.com/nxtbooks/naylor/ISTS0411
https://www.nxtbook.com/nxtbooks/naylor/ISTS0311
https://www.nxtbook.com/nxtbooks/naylor/ISTS0211
https://www.nxtbook.com/nxtbooks/naylor/ISTS0111
https://www.nxtbook.com/nxtbooks/naylor/ISTS0610
https://www.nxtbook.com/nxtbooks/naylor/ISTS0510
https://www.nxtbook.com/nxtbooks/naylor/ISTS0410
https://www.nxtbook.com/nxtbooks/naylor/ISTS0310
https://www.nxtbook.com/nxtbooks/naylor/ISTS0210
https://www.nxtbook.com/nxtbooks/naylor/ISTS0110
https://www.nxtbook.com/nxtbooks/naylor/ISTS0609
https://www.nxtbook.com/nxtbooks/naylor/ISTS0509
https://www.nxtbook.com/nxtbooks/naylor/ISTS0409
https://www.nxtbook.com/nxtbooks/naylor/ISTS0309
https://www.nxtbook.com/nxtbooks/naylor/ISTS0209
https://www.nxtbook.com/nxtbooks/naylor/ISTS0109
https://www.nxtbook.com/nxtbooks/naylor/ISTS0608
https://www.nxtbook.com/nxtbooks/naylor/ISTS0508
https://www.nxtbook.com/nxtbooks/naylor/ISTS0408
https://www.nxtbook.com/nxtbooks/naylor/ISTS0308
https://www.nxtbook.com/nxtbooks/naylor/ISTS0208
https://www.nxtbookmedia.com