The AMSTAT Aircraft Valuation Tool (AVT)

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For immediate release:

AMSTAT and VANGAS publish charts demonstrating the impact of COVID-19 and the current economic and market conditions on business aircraft estimated values.

Tinton Falls, NJ – July 22, 2020: AMSTAT and partner VANGAS Aviation Services, the leading provider of business aviation analytics have published charts showing monthly trends in business aircraft values in 2020 by market group. This data has been generated using the AMSTAT Aircraft Valuation Tool.

In the Heavy Business Jet market group, 2020 stated with a 4% increase in the average estimated value for this group. This trend was reversed in the second half of March and start of April offsetting the initial gains and more with a 7% decline. Values plateaued in late April and early May and then proceeded to fall 16% for a net year-to-date decline of 18%. Early data suggests a recent slowdown in this decline.

In the Super-Mid Business Jet market group estimated values rose for the first 2 months of 2020, gaining 6%. There then followed a period of values oscillated between March and April. Between the second half of May through June the average estimated value for Super-Mid Business Jets fell 15%. Year-to-date values in this group fell 14%.

As with the Heavy Jet and Super-Mid Business Jet groups, the Medium Business Jet average estimated value rose at the start of 2020. For Medium Jets this increase was 3%. Between February and May average estimated values in this market group fell 22%. This downward trend slowed in June and may have started to level off recently.

In the Business Turboprop market group, the average estimated value rose 4% between January and February 2020. The trend between March and May was generally downward, falling a net 14%. As with the Light Jet group, the average estimated value of Business Turboprops has lately started to regain some of the loses from earlier months. Since the start of June, the average estimated value has risen 5%.

Andrew Young, AMSTAT General Manager said: “The AMSTAT Aircraft Valuation Tool is constantly incorporating the latest market data and is able to quickly generate serial number specific aircraft values that reflect current market conditions. The data generated by this tool has enabled VANGAS to create the charts we see here showing the impact of COVID-19 on aircraft values in 2020 and how some market segments might be starting to show some recovery in values.” Don Spieth at VANGAS added, “The Aircraft Valuation Tool allows users to access information about current market conditions including event driven impact like COVID 19. We are also able to leverage decades of AMSTAT research to determine probabilistic outcomes by comparing previous market disruptions in business aviation. These tools empower our industry with the ability to react to trends and adverse market conditions to better serve their clients.” About the AMSTAT Aircraft Valuation Tool The AMSTAT Aircraft Valuation Tool (AVT) is fully integrated into the AMSTAT Premier service and calculates objective statistically generated serial number specific estimated values for business aircraft in seconds. About VANGAS Aviation Analytics, L.L.C. VANGAS is a leader in Aviation Analytics with expertise in extracting profits from financial markets using sophisticated statistical modeling techniques. VANGAS uses proprietary tools to analyze historic data across all available aircraft markets and real-time data to accurately predict business aircraft values. VANGAS provides information to the aviation industry and partners with AMSTAT to continuously update algorithms for the Aircraft Valuation Tool. About AMSTAT, Inc. AMSTAT is the leading provider of market research information and services to the corporate aviation industry. Founded in 1982, and based in Tinton Falls, NJ, AMSTAT introduced the concept of providing researched information to corporate aviation professionals. AMSTAT’s mission is to provide timely, accurate, and objective market information to its customers. AMSTAT products and services provide aviation market and statistical information that generates revenue and delivers competitive advantage to brokers/dealers, finance companies, fractional providers, and suppliers of aircraft parts and services. Information: AMSTAT, Inc. Andrew Young New Jersey: (732) 530-6400 x147 [email protected] www.amstatcorp.com

AMSTAT and VANGAS Aviation Services share the latest observations on aircraft valuations. These observations were found using the AMSTAT Aircraft Valuation Tool and are available to everyone who is using this tool to better understand the market impact of COVID‐19 on aircraft values. For more details on the AMSTAT Aircraft Valuation Tool, please contact Dan Rawson on (US) 732‐530‐6400 x145 / [email protected].

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Information that moves you forward >>>

AVT Aircraft Values Index Report – COVID19 Impact

2020 MONTHLY CHANGES IN ESTIMATED VALUES

Heavy Business Jets

Despite a 5% increase in the average estimated value of Heavy Jets at the start of 2020, the impact of COVID‐19 has been significant with mostly month‐over‐month declines in the average estimated value for the group since March. The net change in the Heavy Business Jet average estimated value year‐to‐date has been 18%.

Super‐Mid Business Jets

As with Heavy Jets, The Super‐Mid Jet group saw an increase in their average estimated value at the start of 2020. However, since March, the average estimated value in this market group has declined 21% for a net decrease of 15% year‐to‐date.

Net YTD: ‐18%

Net YTD: ‐14%


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Medium Business Jets

Despite a modest 3% increase in average estimated value for Medium Jets at the start of 2020, the impact of COVID‐19 has also been significant in this market. Since March, the average estimated value for Medium Jets has declined 19%. There appears to have been a recent small positive reversal in values in the first half of June.

Light Business Jets

The average estimated value of Light Jets has been up and down year‐to‐date. The overall trend between January through May was down with values falling 12%. Recent data indicates that this trend has been reversed in June, with estimated values for Light Jets regaining 5%. The net impact has been an 8% decrease in the average estimated value of Light Jets.

Net YTD: ‐16%

Net YTD: ‐8%


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Business Turboprops

As with other market groups, the Turboprop market saw an increase in the average estimated value at the start of 2020. However, between March and April the average estimated value fell 10%. After a slight upswing in the first half of May, this market group saw its average estimated value fall 6%. Since the start of June, this market group has seen a robust 5% increase in values resulting in a net decrease of 4% year‐to‐date the smallest year‐to‐date drop of the 5 market groups reviewed.

Net YTD: ‐4%

Documents

The AMSTAT Aircraft Valuation Tool (AVT)