News & Events

Inventory – Is It Worth What You Think?

A hypothetical client asked AVITAS to review and inspect their spare parts inventory and opine on the value of the collection of parts.   After a review of the list of parts and a visit to the warehouse facility, it was quickly apparent that the client had significantly over estimated the value of the inventory.  They […]

The new 2016 AVITAS BlueBook Jet Engine Values is available

First produced in 1998, the AVITAS BlueBook of Jet Engine Values has quickly gained popularity among the leading players in the commercial aircraft industry, as well as those with more specific interests in the market for jet engines. Base, current market and future base values are presented for each major engine type and variant along […]

First quarter aircraft and helicopter shipments soft

Source: GAMA Key Points: Weakness across the board for General Aviation shipments While piston aircraft shipments were flat for the 1st quarter of 2015 vs. 2016, turboprop and business jets were down materially Value of all aircraft shipments was down double digits Helicopters down significantly as well with value of shipments for helicopters down by […]

Turboprop vs Regional Jet Aircraft Deliveries

Annual deliveries of turboprop aircraft declined dramatically during the past 20 years but since 2005 have enjoyed a resurgence in popularity. Turboprops are better suited to operate out of many regional airports and they will always be capable of performing certain missions (and short range flights in particular) more cost effectively than their jet-powered siblings.  […]

Average size of regional aircraft ordered worldwide more than doubled…..

The average size of aircraft ordered has more than doubled since 1991 as shown in the following figure, although it has flattened and even declined over recent years. This development has occurred largely as a result of aircraft size limit being met in the U.S. market because of the constraints of scope clauses. Source: Aviation […]

FAA 8130-3 Requirement For New Parts

Historically a repair station could repair components using new OEM parts without an 8130-3 for each of the piece parts and release the repaired component with dual FAA and EASA certification.  With a recent rule change by the FAA, U.S. repair stations are no longer allowed to provide dual certification without each new part used […]

Lease Return Language – “without regard to hours and cycles”

Almost all leases contain clauses that describe the condition that the aircraft and engines must meet at the end of the lease term.  These “return conditions” stipulate the aircraft configuration, the status of the airframe maintenance, the time remaining on major components, other details that the lessee must meet when the aircraft is redelivered to […]

Non-Incident Statements – What are they all about?

Non-Incident Statements – What are they all about? When you buy a used car, a typical first question might be, “has this car been involved in an accident?”  After all, if the car has had significant damage, surely this would affect the purchase price.  For an aircraft, this is similar, but not exactly the same.  […]