What is the purpose of an Aircraft Fleet Appraisal, and how is it beneficial?
Your NAAA appraiser may spend only a short time reviewing your plane, and there is much more to it. Examine the different components of Aircraft Fleet Appraisals and how it is evaluated once the data has been collected through physical examination of the aircraft. As a result of the appraisal, the reader is provided with the following: The airframe, engines, props, instrumentation, avionics, and all related systems are examined thoroughly. Documentation, logbooks, and other records associated with aircraft are carefully reviewed. Analyzing relevant value data using computers. A sealed appraisal certificate and a detailed computerized report are provided to the client. Appraisals can be conducted for a variety of reasons, including: It is to determine the fair market value of an aircraft based on a professional opinion. An aircraft to be renovated or modified may require a professional opinion of its value. To protect against excessive ta...