applying values to specific aircraft or aircraft
transactions adjustments must be made for all
upgrades, improvements to the specific aircraft, and
its year of manufacture, as must adjustments be made
for "less than" Base Aircraft specifications or
Caribex Inc. follows the traditional industry
standards for market evaluations, which are based on
half-life (time) of life limited parts, time between
overhaul (TBO) on the airframe, engines, landing
gear, APU and the traditional high-cost maintenance
The following parameters and assumptions are
utilized for purposes of standardized comparisons.
That the aircraft has half-life remaining on its
airframe, engine/s, landing gear, APU and
time-controlled components to their next scheduled
major overhaul or shop visit.
Are the current airline operations; under an
approved airline maintenance program and in
compliance with all Airworthiness Directives (ADs),
and applicable Service Bulletins (SBs).
Has Traceability of life-limited and time controlled
parts, all repairs and modifications been checked
and signed off with full documentation; is in
standard airline configuration.
Values are based on the oldest models and high-time
aircraft of the subject series. Later delivered, low
time and low hour: cycle ratios will bring higher
values, as will Hi-gross/ Hi-powered aircraft. Those
with high levels of modification compliance, life
extensions, excellent maintenance quality, etc. will
bring increased prices as well.
Conversely, market value, as well as actual
appraised value, is detrimentally affected on
aircraft that have been out of service or
off-certificate for prolonged periods of time or
whose condition, specifications, or mod status are
below current BASE standards and/or are in the hands
of those who cannot or will not support
modifications, upgrades, or conversions. Higher than
industry average cycles, hours, and/or hour-cycle
ratio will also reflect lower values.
Changes in the above parameters and assumptions, as
well as availability of long term financing by the
seller, can increase the market price 10 to 15% or
more without difficulty. Distress sales can depress
prices 30 to 50%. Stored aircraft can lose 15% in
the first year.
A proper inspection appraisal takes 3 to 5 days to
complete and may involve 2 inspectors, depending on
the type of aircraft. The completed report (about 60
odd pages) examines every aspect of the aircraft and
includes photos, copies of the maintenance status
report, registration and airworthiness certificate
which are placed in the appendices.
Appraisals can be made as a "desktop" wherein the
information is supplied by the client or "on site,"
where the appraiser travels to inspect the aircraft
and records first hand. Of the two, the "desk top"
is considerably less expensive. Please contact us
for a quote.