Archive for the ‘Consulting’ Category

Big Aircraft, Big Decline – Widebody Aircraft in Passenger Service 1999-2018

Widebody Aircraft in Passenger Service 1999-2018 Widebody passenger aircraft have been seeing a deployment shift over the long term Very large aircraft like the 747 (all series) and the A380-800 has seen a consistent decline in fleet development over the last 20-years From 600+ aircraft in 1999 to less than 400 (on a combined basis) […]

A380-800

A380-800 Value Implications

With the announcement of the Airbus A380-800 production shutdown in 2021, here are some thoughts on the aircraft from a value perspective. The shutdown announcement is largely based on the weaknesses of the A380 that have been apparent for several years: High transition cost between operators Limited in-service fleet after ten years of production Small […]

Valuing Aircraft with a Lease Attached An Appraiser’s Perspective

Executive Summary Operating leases of commercial aircraft make up approximately 40% of the world’s fleet. The need for Lease-Encumbered Valuations is increasing as more and more aircraft are sold or financed with leases attached. Because a Lease-Encumbered Value (“LEV”) opinion requires access to lease contract details, providing this type of value opinion will only be […]

Adam Pilarski

PILARSKI Says – Speed and the question of first-class travel

In the second part of two columns, Adam Pilarski, Senior Vice-President at AVITAS, argues that it will only be a matter of time before passengers are paying more to travel by supersonic aircraft. Click here to download the PDF version of  Speed and the question of first-class travel In last month’s column, I wrote about […]

Economic Weakness in China

Great stall After stabilizing, China’s economy is decelerating again, slowed by debt and a trade fight with the U.S. 2018 economic growth in China represented slowest pace since 1990 Weakness across the board: Purchases by individuals are reduced Investments by business and government are diminished Property sales are weak

Where are We in the Cycle?

Where are We in the Cycle? 10- Year Treasury Minus 2-Year Treasury The business cycle is difficult to predict as there are many moving parts But, a pretty good indicator is available by monitoring 10-year treasury yields minus 2-year treasuries This difference has predicted at least five recessions over the last 40 years When 10-year […]

Passenger Turboprop Aircraft by World Region – In Service and On Order

Turboprop Migration While passenger turboprop aircraft fleets are smaller when compared to jet aircraft, there are still many in service Asia/Pacific region accounts for most followed by North America and Europe But, a migration is underway; the Asia/Pacific region has about 30% of the in-service passenger turboprops in service but near 70% of the total […]

Adam Pilarski

PILARSKI Says – Speed, the final frontier and implications for the industry

In the first part of two articles, Adam Pilarski, Senior Vice-President at AVITAS, Inc., explains why airlines’ quest for speed will come back as a major technological drive in the years to come. Click here to download the PDF version of  Speed, the final frontier and implications for the industry Humans have dreamt forever of being […]