SkyQuest International offers a range of appraisal services including certified, extended desktop, and technical appraisals to operators, banks and individuals.
All appraisals will include:
- Analysis of the current market
- Fleet Status Report
- Aircraft Valuation
- Market Report
- Current Market Value
- Liquidation Value
An accurate aircraft appraisal must consider:
- Physical condition
- Maintenance status
- State of maintenance records
- Regulatory conformity
- Operational status
Additionally, an accurate appraisal must consider several contributing factors such as market conditions and balance, current trading activity, time allowed for market exposure, and if the aircraft is valued as part of a fleet.
SkyQuest International has the technical expertise and daily market experience to accurately determine an aircraft’s current value.
Types of Appraisals
Desktop aircraft appraisals do not involve a physical inspection of the aircraft or review of maintenance records. It is based on assumed aircraft condition and maintenance status or on information provided to the appraiser.A desktop appraisal value is typically based upon a mid-time, mid-life aircraft.
Extended Desktop Appraisal
Extended desktop aircraft appraisals include consideration of maintenance status information provided to the appraiser by the owner or operator. It does not include any inspection of the aircraft or maintenance records.An extended desktop appraisal typically provides a value that includes adjustments from the mid-time, mid-life baseline to account for actual maintenance status.
Full aircraft appraisals include an inspection of the aircraft and its maintenance records and are in compliance with internationally recognized Uniform Standards of Professional Appraisal Practices (USPAP). This inspection is aimed solely at determining the overall condition of the aircraft and records to support the value opinions of the appraiser.
A full appraisal would provide a value that includes adjustments from the mid-time, mid-life baseline to account for actual maintenance status, and possibly other adjustments to reflect the findings of the aircraft and records inspection. Appraisals are done by an Accredited Senior Appraiser (ASA), American Society of Appraisers.
SkyQuest International utilizes the following tools for valuations and appraisals and is called upon by AVITAS, Aircraft Blue Book and Airliner Price Guide to share sales data to create base values.
SkyQuest International is affiliated with the International Society of Transport Aircraft Trading (ISTAT). ISTAT is a non-profit society whose members have common interests in the manufacture, purchase, brokerage, leasing, maintenance and appraisal of transport aircraft. SkyQuest personnel follow the objectives and guidelines promoted by ISTAT.