During the Covid-19 Crisis, a lot of aircrafts are still parked in airports with no use.  However, the airline and particularly financiers need valuation.

 

Dr.Sopon Pornchokchai, President, Agency for Real Estate Affaris said that it was our understanding is that organizations involved are the Professional Aircraft Appraisal Organization (PAAO), the National Business Aviation Association, the National Aircraft Finance Association and the International Society of Transport Aircraft Trading (ISTAT)

 

Accurate Aircrafts appraisals are very difficult in normal times because of the many variables among Aircraftss.  In this world chaos with Covid-19 virus stopping air travel, estimating Aircrafts value is

particularly challenging: i.e. dozens of airline Aircraftss have been parked for months  and could be purchased for very low prices. But there are no buyers and no sales (no empirical evidence) to give an indication of their extremely low value.

 

Some aircrafts may be low in value when air travel resumes after the virus is over. Particularly those heavy, twin aisle Aircraftss, it may be difficult to operate cost effectively in the post virus

environment as well.  In addition, some orders for new Aircraftss from manufacturers have been canceled as well.  It is very essential to know many factors prior to the exact valuation conducted.

 

Dr.Sopon and Agency for Real Estate Affairs has conducted quite a few valuation of aircrafts as well as an airport and an aviation school in the past.  We also have international consultants and resources on aircraft transaction worldwide.  We are ready to help you value aircraft with confidence indeed.

 

Valuing Aircrafts?, Contact Dr.Sopon. (sopon@area.co.th)