What Is Aircraft Fleet Appraisals

In current market, fractional aircraft will take a beating because they have more miles on them than low time non-fractional aircraft that also are flooding the market. Just as with a used car, higher mileage equates to a lower price. Fractional providers, faced with taking over management costs for your share with little prospect of reselling it, may not offer you fair market value.

For now, relatively few preowned sales are occurring. So, if you're selling your fractional share today, the declining prices aren't yet reflected in comparable sales that will be the basis for valuing your share. Yet, as the market declines and sales occur, these Aircraft Fleet Appraisals will show declining values for low time aircraft, perhaps significantly hurting the value of fractional aircraft, and thus your share.

IRS Aircraft Appraisal the wiser course may be to sell your share before its value declines precipitously, reclaim your capital investment and use other private flying options like fractional jet cards that allow you to fly on the same fractional fleet or even traditional jet charter. There's a lot of excess capacity out there so rates should be favorable. This way, when the dust settles, you can reassess your needs and budget without being stuck with a long term commitment.