Jetrader - January/February 2012 - 17

appraisal

Boeing 747-400BCF PW4000, CF6-80C2B
Fred Klein Aviation Specialists Group Tel: 703.736.9700 www.asgroup.aero avspecgroup@aol.com

Background
The Boeing-based conversion of the 747-400 pax aircraft, initial delivery was to Cathay Pacific and entered service in December 2005. As of mid-2011, 43 -400BCFs were in service and IAI had converted 22 aircraft. Values are for the Boeing conversion.
Length

Aircraft Specifications 231.8 feet 211.4 feet 870 lb 4,100 w/ 250K lb 250.2K lb 421.2 lb 53,985 USG

Wing span MTOW (000) Range (nm) Capacity Typical OEW (000) Fuel capacity

Engines – % of fleet aircraft
RB211-524H 9% CF6-80C2B1 33% PW4056 58%

Aircraft Demographics Total in service Outstanding orders 43 0 12 19.5 1989-1998

Deliveries – Actual & Scheduled

Operators Average age Years manufactured

Geographic Distribution Asia/Pacific North America Europe South America Demographics are as of June 2011 and are for passenger aircraft except where specifically noted. Africa/Middle East 24 10 9 0 0

Boeing 747-400BCF (PW4000, CF6-80C2B) Values Fourth Quarter 2011 Base Value 2011 33.9 36.5 39.2 42.2 45.2 48.3

Year CMV 1989 33.9 1990 1991 1992 1993 1994 36 38 40 42 44

2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 32.3 30.6 29.1 27.4 25.8 24 22.4 20.8 19.1 17.3 15.6 13.8 11.7 16 14.1 9.6 12 7.5 9.9 5.3 7.7 5.4 7.9 5.6 8.1 5.7 8.3 5.7 8.3

34.8 33.1 31.4 29.8 28.1 26.4 24.6 22.9 21.3 19.5 17.7 37.4 35.6 33.9 32.2 30.5 28.8 27.1 25.2 23.5 21.8 40.2 38.4 36.5 34.7 33 20

18.2 16.4 14.5 12.3 10.1

31.3 29.5 27.7 25.9 24.1 22.4 20.5 18.6 16.8 14.8 12.6 10.4 21

43.3 41.2 39.3 37.4 35.6 33.8 32.1 30.2 28.4 26.5 24.7 22.9 46.3 44.3 42.3 40.3 38.4 36.5 34.7 32.9 31

19.1 17.2 15.2 12.9 10.6

29.1 27.2 25.3 23.5 21.6 19.5 17.6 15.6 13.2 10.9

Values in U.S.$ millions for a typical aircraft. Used aircraft are built in the second quarter of their year of build, new aircraft in fourth quarter 2011. For used aircraft not built in the second quarter, values must be interpolated on a quarterly basis. Values assume single or small/moderate lot transactions, not launch orders or large purchases and that aircraft/engines/major components are in average condition and half-life/half-time status. See our value assumptions. Future Base Values assume 2.5% annual inflation. These values may change with the passage of time and exclude the effects of any attached leases.
The aircraft values stated herein are the product and property of independent third-party sources, and ISTAT neither approves nor endorses the information contained herein or the use thereof for any purpose whatsoever.

Jetrader 17


http://www.asgroup.aero http://www.ISTAT.org

Jetrader - January/February 2012

Table of Contents for the Digital Edition of Jetrader - January/February 2012

A Message from the President
Calendar/News
Aircraft Financing Ahead
Q&A: Bertrand Grabowski
Evolution of Engine Leasing
ISTAT Closes Out 2011 in Style
Aircraft Appraisals
ISTAT Members on the Move
Aviation History
Advertiser.com/Advertiser Index
Jetrader - January/February 2012 - cover1
Jetrader - January/February 2012 - cover2
Jetrader - January/February 2012 - A Message from the President
Jetrader - January/February 2012 - 4
Jetrader - January/February 2012 - 5
Jetrader - January/February 2012 - Calendar/News
Jetrader - January/February 2012 - Aircraft Financing Ahead
Jetrader - January/February 2012 - 8
Jetrader - January/February 2012 - 9
Jetrader - January/February 2012 - Q&A: Bertrand Grabowski
Jetrader - January/February 2012 - 11
Jetrader - January/February 2012 - Evolution of Engine Leasing
Jetrader - January/February 2012 - 13
Jetrader - January/February 2012 - 14
Jetrader - January/February 2012 - ISTAT Closes Out 2011 in Style
Jetrader - January/February 2012 - 16
Jetrader - January/February 2012 - Aircraft Appraisals
Jetrader - January/February 2012 - 18
Jetrader - January/February 2012 - ISTAT Members on the Move
Jetrader - January/February 2012 - Aviation History
Jetrader - January/February 2012 - 21
Jetrader - January/February 2012 - Advertiser.com/Advertiser Index
Jetrader - January/February 2012 - cover3
Jetrader - January/February 2012 - cover4
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