Customer : xxxxxx

AIRCRAFT
FINANCIAL
VALUATION
TABLE OF CONTENTS

GENERAL INFORMATION

ASSUMPTIONS

REPORT RESULTS ANALYSIS

AIRCRAFT VALUATION SYNTHESIS

MINIMUM PARTED OUT VALUE DOUGHNUT

MAXIMUM PARTED OUT VALUE DOUGHNUT

ENGINES RESIDUAL MARKET VALUE

ENGINE RESIDUAL PARTED-OUT VALUE

ENGINES RESIDUAL MARKET VALUE VS

ENGINES PARTED-OUT RESIDUAL MARKET VALUE

AUXILIARY POWER UNIT RESIDUAL RESALE MARKET

LANDING GEARS RESIDUAL RESALE MAKET VALUE

ATA SYSTEMS RESIDUAL MARKET VALUE

COMPONENT RE-CERTIFICATION COST

PROPOSAL FOR AN AIRCRAFT TEARDOWN OPERATION

CONCLUSION

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GENERAL INFORMATION

Please find in this report the residual financial valuation of the following aircraft:

Aircraft Manufacturer : xxx

Model Type : xxxx
Aircraft Serial Number : xxx
Construction / Line Number : xxx
Current registration : xxx
Registration Country : xx
Current owner : xxx
Current operator : xxx

First Flight Date : xxx

Age : xx years
Engines configuration : x x xx
Seats configuration : xx (Business), xx (Premium), xx (Economy)

The results are based on the accuracy and completeness of the following data provided to Aerobay®:

 MSN xxx Aircraft technical Evaluation

 MSN xxx Engine LLP Sheets
 MSN xxx LLP & Hard Time Listing
 MSN xxx OCCM Comp List (No Life limited Parts)

To help you in the decision-making for your aircraft, this report provides you:

 A comparison between the residual value (after dismantling) and the market value (after resale)
 A statistical analysis of the aircraft residual value, comprising a confidence level on the financial
valuation
 A detail of the residual value per ATA system

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ASSUMPTIONS

These financial valuations are based on the aircraft data, as stated of xxth Month, 2016:

 Airframe hours = xx FH
 Airframe cycles (landings) = xx FC
 Hours / Cycles Ratio = xx

Two financial valuations (values in US $ Millions) are considered in this report :

 Appraised fair market values : financial valuations taking into account the aircraft
manufacturer data and the forecast of aircraft sale market (based on the last sales
transactions)
 Aircraft parted out value : financial valuation forecasting the resale value of all piece
parts removed from the dismantled aircraft (analysis performed on the current
configuration of the aircraft)

Appraised Fair Market Value

The certified fair market value of an aircraft, is generally the current appraised fair market value,
linked to the market and the last transactions achieved. For this valuation, we consider two major
values, following these definitions:

 Half life market value: a market value is referred to as a current market value for the
considered aircraft. It represents the average price of the last sales transactions on the
aircraft model, with similar aircraft specification. The market value of an aircraft reflects
the value that the aircraft could command as a “real sale”.

 Half life base value : an aircraft base value is founded on the historical trend of values
and in the projection of values trend. The Base value of an aircraft reflects the theory
that the current value of an aircraft is a function of its future earning potential

Half life assumes that the airframe, engines, landing gear, and all major components are half-way
between major overhauls and that any life-limited component has used up half of its life.

Value

Zero time since overhaul market value

Half-Life

10 20 30 years

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 XXXXX PARTED OUT VALUE DOUGHNUT

XXX PARTED-OUT VALUE

ENGINES
APU
LANDING GEARS
COMPONENTS

Xxx $
xxx %

Xx $
xx %

Xxx $
xx %
Xxxx $
xxx %

K ≥ 0,5 xx M$ |xx Parts

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ATA SYSTEMS RESIDUAL MARKET VALUE

K ≥ 0,5 100% SV
ATA 100% AR
AT AR SV
56 A
DESCRIPTION NB PARTS
CONDITION CONDITION
27 FLIGHT CONTROLS xxx Xxx $ Xxx $
35 24 ELECTRICAL POWER xxx Xxx $ Xxx $
31 INDICATING / RECORDING SYSTEM xxx Xxx $ Xxx $
53 34 NAVIGATION xxx Xxx $ Xxx $
33 21
AIR CONDITIONING AND
PRESSURIZATION
xxx Xxx $ Xxx $

38 23 COMMUNICATIONS xxx Xxx $ Xxx $

22 AUTOFLIGHT xxx Xxx $ Xxx $
30 36 PNEUMATIC xxx Xxx $ Xxx $
28 FUEL xxx Xxx $ Xxx $
26
29 HYDRAULIC POWER xxx Xxx $ Xxx $
45 25 EQUIPMENT/FURNISHINGS xxx Xxx $ Xxx $
52 DOORS xxx Xxx $ Xxx $
52 45
DIAGNOSTIC AND MAINTENANCE
xxx Xxx $ Xxx $
SYSTEM
25 26 FIRE PROTECTION xxx Xxx $ Xxx $
30 ICE AND RAIN PROTECTION xxx Xxx $ Xxx $
29 38 WATER/WASTE xxx Xxx $ Xxx $
28 33 LIGHTS xxx Xxx $ Xxx $
53 FUSELAGE xxx Xxx $ Xxx $
22 56 WINDOWS xxx Xxx $ Xxx $
35 OXYGEN xxx Xxx $ Xxx $
23 TOTAL xxx Xxx $ Xxx $

36
21
31
24
34
27
0.00 $ 0.50 $ 1.00 $ 1.50 $ 2.00 $
Millions

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