Asset Insight has integrated eValue, its electronic aircraft valuations, into its Asset Decision-making And Planning Tool (ADAPT), providing subscribers with unbiased valuation data for a serial-number specific aircraft or a fleet of aircraft.
In addition to analytics that track, grade, and value the maintenance condition of a single aircraft or fleet of aircraft, ADAPT now provides:
- An electronic Value Analysis (eVA) that includes the Current Market Value and Orderly Liquidation Value (OLV);
- An electronic Residual Value Analysis (eRVA) that displays the estimated Market Value and OLV for up to 10 years; and
- eTrend, projecting a plane’s Fair Market Value 90 days from the date of the evaluation.
ADAPT helps aircraft owners, flight department managers, aircraft finance professionals and fleet operators visualize the maintenance condition, current and residual value of a single aircraft or a whole fleet of aircraft, and understand the impact the maintenance condition has on the aircraft’s value and marketability, according to company officials.
ADAPT utilizes Asset Insight’s proprietary database to translate complex maintenance and transaction price data into actionable information, allowing subscribers to make informed management, buying and selling decisions about their business aircraft or fleet of aircraft, company officials note. ADAPT also has the ability to track stand-alone engines and/or APUs.
The database analyzes current actual values, historical values, prevailing economic conditions, and actual aircraft maintenance data to compile the ADAPT reports. Current Market Value (eVA) and eTrend figures are automatically updated monthly based on market trends that are not more than 30 days old. Estimated Residual Value (eRVA) figures are automatically updated quarterly based on prevailing market trends.