Jet values and lease rates November 2003

The following tables reflect the current values (not “fair market”) and lease rates for narrowbody and widebody jets.

The figures are from The Aircraft Value Analysis Company (contact details opposite) and reflect AVAC’s opinion of the worth of the aircraft. These values are different from and inevitably above the opportunistic offer prices or distressed sale prices prevalent today.

These figures are not solely based on market averages, but also such factors as re–marketing value, number in service, number on order and backlog, projected life span, etc.

NARROWBODY VALUES (US$M)

	NEW	5 years	10 years	20 years		NEW	5 years	10 years	20 years
		old	old	old			old	old	old
A318	28.2				717-200	22.2
A319 (IGW)	34.9	26.9			727-200Adv				1.0
A320-200 (IGW)	41.5	32.4	23.4		737-200Adv				2.1
A321-200 (LGW)	48.2	37.3			737-300 (LGW)		15.3	12.2
					737-400 (LGW)		16.8	13.2
					737-500		15.5	11.7
					737-600	29.9	20.9
					737-700	35.1	27.4
					737-800	43.9	33.9
					737-900	43.3
					757-200		30.0	22.8
					757-200ER		33.2	25.0
					757-300	48.3	36.9
					MD-82		11.9	9.9	6.0
					MD-83		13.6	11.2
					MD-88			11.5
					MD-90		17.2

WIDEBODY VALUES (US $M)

	NEW	5 years	10 years	20 years		NEW	5 years	10 years	20 years
		old	old	old			old	old	old
A300B4-200				4.8	747-200B				8.1
A300B4-600			15.9		747-400	126.4	95.5	64.6
A300B4-600R (HGW)		40.0	29.4		767-200				8.6
A310-300 (IGW)			25.0		767-300		42.2	30.3
A330-200	92.8	76.6			767-300ER (LGW)		51.0	37.0
A330-300 (IGW)	90.2	69.7			767-400	77.5
A340-200			43.5		777-200		72.5
A340-300 (LGW)	96.3	75.6	54.9		777-200ER	119.2	95.0
A340-300ER	104.6	82.3			777-300	122.5	90.4
A340-500	119.8
A340-600	126.8
					DC-10-30				7.0
					MD-11P		47.2	35.4

Note: As assessed at end October 2003, mid-range values for all types.
Source: AVAC

NARROWBODY LEASE RATES (US $000s per month)

	NEW	5 years	10 years	20 years		NEW	5 years	10 years	20 years
		old	old	old			old	old	old
A318	221				717-200	185
A319 (IGW)	275	232			727-200Adv				40
A320-200 (IGW)	274	241	205		737-200Adv				47
A321-200 (LGW)	355	294			737-300 (LGW)		135	117
					737-400 (LGW)		148	128
					737-500		144	125
					737-600	190	162
					737-700	264	218
					737-800	309	261
					737-900	310
					757-200		210	192
					757-200ER		230	199
					757-300	279	258
					MD-82		134	117	82
					MD-83		142	122
					MD-88			126
					MD-90		142

WIDEBODY LEASE RATES (US $000s per month)

	NEW	5 years	10 years	20 years		NEW	5 years	10 years	20 years
		old	old	old			old	old	old
A300B4-200				93	747-200B				151
A300B4-600			201		747-400	876	732	567
A300B4-600R (HGW)		285	256		767-200				108
A310-300 (IGW)			198		767-300		322	272
A330-200	640	567			767-300ER (LGW)		398	338
A330-300 (IGW)	625	534			767-400	551
A340-200			398		777-200		563
A340-300 (LGW)	693	582	467		777-200ER	823	707
A340-300ER	743	603			777-300	854	696
A340-500	836
A340-600	896
					DC-10-30				132
		,			MD-11P		458	377

Note: As assessed at end October 2003 mid-range values for all types.
Source: AVAC