Aviation valuations require an aviation specialist
Hangar 247 parent co. Southern Aircraft Sales Ltd (SASL) provides valuations and appraisals internationally including;
Fixed Wing aircraft valuations
Rotor Wing helicopter valuations
Aviation business, plant and equipment valuations
Since 1999 SASL has been operating in fixed wing and helicopter sales.
Since 2004 SASL has been providing aviation valuation and market advisory, where SASL is only one of a handful of aviation valuation specialists in the Australasia / Pacific region.
The business is supported by our 25+ years experience in aircraft and helicopter sales, aircraft ownership and flying. This has enabled the business to amass considerable knowledge of aircraft and helicopter values and the global aviation market place.
Piston - Turbo prop - Light jet - Competition - Gliders - Warbirds - Cargo - Parachute - Vintage - Agricultural - Microlight - Experimental - Amateur built
Aerostar - Aero Commander - Aero Vodochody - Alpi - Apia - Airtourer - Avia - Beechcraft - Britten Norman - Cessna - Champion - Cirrus - Commander - Cresco - Curtis - De Havilland - Douglas - Extra - Fleet - Fletcher - GD Convair - Gippsland - Glassair - Grumman - Gulfstream - Hawker Siddeley - Jabiru - Jodel - Kodiak - Lancair - Learjet - Maule - Micro - Mooney - Nanchang - North American - PAC - PZL - Partenavia - Percival - Pilatus - Piper - Pitts - Protec - Rihn - Robin - Rockwell - Rutan - Stearman - Socata - Sukhoi - Tecnam - Vans - Waco - Wilga - Yakovlev - Zlin
Robinson - Bell - Hiller - Hughes - Schwiezer - Sikorsky - Aerospiatial - Eurocopter - Kawasaki - MD - Airbus
Gliders / Sailplanes
Schweizer - ShemppHirth - Schliecher - Pipstrel - PZL - Dg Flugzeugbau - Grob - ICA - Schneider - Aeromot - Glasflugel - Centrair - Profe Banjo - Diana - Zd Delta
Aviation valuation reports do vary and the right one for you depends on the purpose that the valuation is required to serve. Whilst this doesn't determine the valuation amount, it does determine the scope of information required to be written into the report, as well as any follow up support required.
Types of aviation valuations:
Aircraft valuations are like aircraft maintenance – there are no short cuts, and the consequences for these and any oversights can be costly.
Therefore, always consider the following when comparing valuation fee estimates;
1. Valuation reports
The definition of a ‘valuation report’ can be very ambiguous. You should always request to see a sample of the valuer’s standard report so that you can see the scope of information that will be included.
2. Desktop vs. full inspection valuation
Desktop valuations can be adequate for any self-serving assessment that does not involve a third party.
However any valuation required to support either a third party financial interest or legal dispute needs to include a full inspection of both the airframe and its logbooks.
There is only so much that photos can determine and we have never seen a less expensive desktop valuation that relies only on photos, ultimately hold water when subjected to a judicial test.
3. Inspection waivers
Be very wary when a lender or insurer authorises a desktop valuation not requiring an inspection. Such a call is only from the manager on the day – and again, ultimately we have never seen a desktop valuation pass a judicial test.
4. Valuation compliance
Ensure that the valuation will actually meet minimum compliance required, especially by lenders and insurers.
5. Market knowledge and intel'
Always verify how and from where the valuer derives their market intel' from. It is not enough to just call oneself an aviation valuer, or base a valuation report purely on a generic price digest.
Normally a practitioner's core business will be in aircraft sales where the valuation service is secondary. This is the only way a valuer can accurately determine where the market is actually trading, for a specific aircraft type and in a particular market.