Author Archives: learjet

Air­craft Val­u­a­tion and Cal­cu­lat­ing Diminu­tion of Value

In the course of my tenure in the air­craft appraisal busi­ness, I have often been tasked to make expert wit­ness tes­ti­mony in the area of diminu­tion of value of air­craft. These cases involve air­craft that have been dam­aged, and for bet­ter or worse, have been placed back into ser­vice. The obvi­ous ques­tion then becomes whatContinue Reading

“Dis­parate Pre-​Owned Air­craft Mar­kets Emerge”

A wide dis­par­ity exists in today’s pre-​owned busi­ness air­craft mar­ket, and just about any adjec­tive will accu­rately describe some part of the market. Great can be used to describe late-​model large-​cabin global busi­ness jets, which include mod­els such as the Global XRS, Das­sault Fal­con 7X and Gulf­stream G550. Then there is the awful when deal­ingContinue Reading

Net­Jets Becomes New Planesworth Client

BERK­SHIRE HATH­AWAY APPOINTS PLANESWORTH AS FLEET APPRAISER PlanesWorth was recently selected by Berk­shire Hath­away as Fleet Appraiser for Net­Jets’ $2 bil­lion fleet of some 400 air­craft. The scope of work includes ongo­ing quar­terly reports to man­age­ment which track air­craft year, make and model types to assess the real depre­ci­a­tion of its frac­tional share values. ThisContinue Reading

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