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News & Views

Economic and Functional Obsolescence Part 3

01.19.2016 Appraisals

Can You Fly Away Smiling in an Older Airplane? Previously, we considered economic and functional obsolescence in older aircraft and when it makes sense to shop for an older aircraft. Yet there are still many factors to ensure that you are ultimately happy with your older purchase, warns Elliott Aviation’s Jim Becker. Let’s assume you’ve…

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Economic and Functional Obsolescence Part 2

12.19.2015 Appraisals

Upgrading older aircraft makes sense for many operators… Last month, Elliott Aviation’s Jim Becker discussed economic and functional obsolescence as it applies to older corporate aircraft. Can it make economic sense to invest an amount in an aircraft exceeding its market value? We have found that, for many operators, the answer to the above question…

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Economic and Functional Obsolescence

11.19.2015 Appraisals Uncategorized

Should you scrap or upgrade your older aircraft? What is involved in a decision to upgrade of scrap an older aircraft? Aircraft appraiser Jim Becker notes there are more than the usual aspects of avionics, equipment, records and condition to consider where deciding on an older aircraft’s economic worth is concerned… An aircraft has both…

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