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Vessels vs Aircraft: Similarities and differences as a value analysis

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Vessels vs Aircraft: Similarities and differences as a value analysis

Ten years after we launched our online Maritime asset valuations and market information services, we’ve now expanded coverage into commercial passenger aircraft.

“Similar to what we did in Shipping ten years ago, we are the first to bring a daily updated, truly automated valuation model (AVM) to the Aviation market.”

– Richard Rivlin, Founder and CEO

Adrian Economakis, CSO, reports on the similarities and differences between ships and planes, the opaqueness of aircraft transactions, and value changes over Covid-19.

“Numerous parallels exist between planes and ships. Vessels and aircraft are both high value, depreciating, globally movable and volatile assets. Most vessels and aircraft have values between USD 10-200 million, a lifespan of circa 25 years, and experience cyclical markets.

Fleet values across Shipping and Aviation share similarities. The below data shows the relative values of different segments of the aircraft and vessel fleets. The below table shows aircraft value changes over Covid-19 for some of the most common aircraft types in comparison with popular ship types…

For example: Airbus A320 vs Handy Containership
Since January 2020, a generic five year old Airbus A320 has decreased by USD 3.8 mil, from USD 29.4 mil to USD 25.7 mil, representing a decrease of 12.8%.In comparison, a generic five year old Handy Container has increased by USD 29.3 mil, from USD 17.6 mil to USD 46.8 mil, representing an increase of 166.6% since the start of 2020…”
Read the full article here.

If you would like to know more please don’t hesitate to reach out via press@vesselsvalue.com or by phone on +44 (0) 203 954 0911

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