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Showing posts from September, 2022

What is the purpose of an Aircraft Fleet Appraisal, and how is it beneficial?

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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...

What is an Aircraft Appraisal?

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The American Society of Appraisers (ASA), the governing body for Government Aircraft Appraisals , defines the appraisal method as "an independent, third-birthday celebration opinion of price." Many industries make use of the process, and enterprise aviation is not specific. While you own and function a plane, you may need to maintain a finger on the pulse of your asset's cutting-edge value for tax and depreciation purposes. Value determinations are also vital if you want to refinance or promote your jet, turboprop, or helicopter. Regional Airline Appraisals are frequently a required situation from many lenders and lessors before coming into a monetary transaction. Determining the value of your airline jet The first point of reference for any Government Aircraft Appraisals is to observe the plane's age. Then your appraiser will have a look at the condition and level of its work indoors, contemporary flight hours and landings, and the established device. An ap...