Freighter values and lease rate trends June 2007

Value and lease rates

Freighter values and lease rates

FREIGHTER VALUES (US$m)

New 5 years old 10 years old 20 years old

A300F4-200 A300-600RF 56.70 42.73

8.55*

737-300QC 747-200M 747-400M 747-400F 747-400ERF 757-200PF 767-300F 75.86 61.51 149.65 159.69 104.09 125.50

15.01

8.51 4.82

80.22 101.35

30.89 47.17

16.48

MD-11C MD-11F

Note: * = 1984 build

44.10 55.43

FREIGHTER LEASE RATES (US$000’s per month)

New 5 years old 10 years old 20 years old

A300F4-200 A300-600RF 477 406

737-300QC 747-200M 747-400M 747-400F 747-400ERF 757-200PF 767-300F 583 523 1,395 1,526 806 1,203

156 197

702 1,011

285 490

MD-11C MD-11F

Note: As assessed at end April 2007 Source: AVAC

467 605

AIRCRAFT AND ASSET VALUATIONS Contact Paul Leighton at AVAC (Aircraft Value Analysis Company)

• Website: www.aircraftvalues.net • Email: pleighton@aircraftvalues.net • Tel: +44 (0) 20 7477 6563 • Fax: +44 (0) 20 7477 6564