Bringing aviation assets to a successful conclusion

IBA has a proven track record for placing aircraft, engines and helicopters. If you are planning to sell or lease an aviation asset, we would be happy to discuss your remarketing requirements. We will work with you to bring your aviation assets to a successful conclusion via our aircraft brokerage services.

 

 

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Our current inventory assets and aircraft for sale or lease, including aeroplanes, engines and helicopters.

 

Airbus A330-300 (For Sale, with lease attached)

Aircraft Type - Airbus A330-300

Year Of Manufacture - 2009

Total Aircraft Hours – 62,426

Total Aircraft Cycles – 7,341

Engines – CF6-80E1A4/B

Configuration - Passenger

LOPA – 45J, 218Y

Mandated

 

For further information contact: [email protected]

Mobile: +44 (0) 7827 953247

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B747-400 Rotable & Consumable Parts (For sale)

IBA and Lambert Smith Hampton are pleased to offer a B747-400 Rotable and Consumable Parts inventory for sale.

 

For further information please contact Adil Slimani: [email protected]

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Boeing 737-8LD x 2 (For sale)

Aircraft Type

B737-8LD

B737-8LD

Year

2016

2016

TSN

13,750

11,703

CSN

8,767

8,165

Operator

Comair

Comair

Engines

CFM56-7B26E

CFM56-7B26E

MTOW

167,772 lb

158,500 LBS

LOPA

28BC / 132Y or 174Y

28BC / 132Y or 174Y

 

For further information contact: [email protected]

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Airbus A330-300 (SOLD)

Aircraft Type - Airbus A330-300

Manufacturer Serial Number - 1348

Year Of Manufacture - August 2012

Total Aircraft Hours - 28,553

Total Aircraft Cycles - 9,749

Engines - Rolls Royce Trent 772B-60

Configuration - Passenger

LOPA - 36BC, 263Y

Mandated

 

For further information contact: [email protected]

Mobile: +44 (0) 7827 953247

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Airbus A330-300 (SOLD)

Aircraft Type - Airbus A330-300

Manufacturer Serial Number - 1338

Year Of Manufacture - July 2012

Total Aircraft Hours - 28,435

Total Aircraft Cycles - 9,715

Engines - Rolls Royce Trent 772B-60

Configuration - Passenger

LOPA - 36BC, 263Y

Mandated

 

For further information contact: [email protected]

Mobile: +44 (0) 7827 953247

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Boeing 777-300ER

Boeing 777-300ER (SOLD)

Aircraft Type - Boeing 777-300ER

Manufacturer Serial Number - 37938

Year Of Manufacture - 2009

Total Aircraft Hours - 52,911

Total Aircraft Cycles - 4,089

Engines - GE90-115B

Configuration - Passenger

LOPA 37F, 24BC, 278Y

Sale or Lease

Immediate

Mandated

 

For further information contact: [email protected]

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Boeing 737-800 x 2 (SOLD)

Aircraft Type

Boeing 737-8LD

Boeing 737-8LD

Year

2015

2015

TSN

16,313

16,516

CSN

11,755

11,977

Operator

Comair

Comair

Engines

CFM56-7B26E

CFM56-7B26E

MTOW

158000 Lb

158000 Lb

Status

Sold

Sold Subject to Contract

 

For further information contact: [email protected]

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Boeing 777-300ER (SOLD)

Sold Subject to Contract

Aircraft Type - Boeing 777-300ER

Manufacturer Serial Number - 37943

Year Of Manufacture - 2010

Total Aircraft Hours - 43,583

Total Aircraft Cycles - 3,288

Engines - GE90-115B

Configuration - Passenger

LOPA 37F, 24BC, 278Y

Sale or Lease

Immediate

Mandated

 

For further information contact: [email protected]

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MSN Aircraft

Boeing 737-8LD x 3 (SOLD)

Sold Subject to Contract

Aircraft Type

737-8LD

737-8LD

737-8LD

Year

2012

2012

2012

TSN

25,479

25,009

26,004

CSN

18,195

18,080

18,621

Operator

Comair

Comair

Comair

Engines

CFM56-7B26E

CFM56-7B26E

CFM56-7B26E

MTOW

158,500 lb

158,500 lb

158,500 lb

LOPA

189Y

189Y

189Y

 

For further information contact: [email protected]

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Boeing 737-85R (SOLD)

Sold Subject to Contract

Aircraft Type

Boeing 737-85R

Year

2001

TSN

52,208

CSN

37,580

Operator

Comair

Engines

CFM56-7B26

MTOW

155,498 lb

LOPA

24BC / 138Y or 162Y

 

For further information contact: [email protected]

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Latest Insights

Aircraft Engine Values & Lease Rates: April 2024
Articles

Aircraft Engine Values & Lease Rates: April 2024

Navigating the complexities of the aircraft engine market requires a nuanced understanding of evolving trends in both market values and lease rates. In this comprehensive overview for Q1 2024, we explore the dynamics shaping narrowbody, widebody, and regional aircraft engine segments.   From the surge in demand for new-generation engines like the LEAP-1A and GTF™ series to the resilience of regional turboprop engines amidst supply chain challenges, each segment offers unique insights into the aviation industry's current state and future trajectory.   Using aircraft engine data and intelligence from IBA Insight, we explore the different segments of the aircraft engine market to provide an analysis of their respective trajectories in terms of value and leasing dynamics. Narrowbody aircraft The dynamic landscape of narrowbody aircraft engines is shaped by evolving market values and lease rates, influenced by factors ranging from operational demand to regulatory directives. New generation engines   Source: IBA Insight   Source: IBA Insight   New generation aircraft engine series, including the CFM LEAP-1A and PW1100G (A320neo family), and CFM LEAP-1B (Boeing 737 MAX), are experiencing increased market values, as observed during IBA’s “Engines Explained” webinar. Specifically, the LEAP-1A and -1B saw notable growth over base values this year, attributed to list price escalations stemming from ongoing issues with new generation engines and heightened operator demand. Despite challenges such as groundings, the leasing market for PW1100G and CFM LEAP-1A engines remains robust, driven by operators' efforts to maintain their A320neo aircraft operations. While lease rates for both engines have surged in response to this demand, rates for the LEAP-1B have remained subdued due to its shorter time in service and  resulting lag for scheduled and unscheduled maintenance inductions. Current generation engines Source: IBA Insight   Source: IBA Insight   Market values for aircraft engines such as the CFM56-7B have increased up to 20%, driven primarily by shop visit demand, supply chain issues for newer generation engines, and the consequent move to extended aircraft and engine leases for current generation assets such as the Boeing 737-800 and Airbus A320-200.  Additionally, market values for the V2500-A5 turbofan model have risen, influenced by its  lower relative time on-wing than the CFM56 equivalents, and the impact of several recent Federal Aviation Administration (FAA) Airworthiness Directives. In terms of lease rates, aviation data from IBA Insight indicates a recovery to pre-COVID levels, with lease extensions becoming common to minimise downtime. The V2500-A5 emerges as a long-term top performer in this category due to the aforementioned factors, while the CFM56-7B is presently the most in demand engine of the current generation.   Widebody aircraft The widebody asset class is witnessing notable shifts in the market dynamics of both mature widebody aircraft engines and their new-generation counterparts. Despite the complexities, both segments are pivotal in shaping the future of aviation technology and market trends. Mature widebody engines Source: IBA Insight   Factors such as emerging freighter candidates, notably the A330-300P2F and the 777-300ER P2F, increase demand for specific engine types that cater to this aircraft. For A330ceo engine options, IBA’s engine valuations team has observed increases in adjustments to engine values, notably for the Rolls-Royce Trent 700 and GE Aerospace CF6-80E. Our engine market values have been recalibrated to mirror recent demand, evident in the relationship between base and market values from 2019 to 2024. The GE Aerospace GE90-115 is nearing its base value, following adjustments based on market feedback. Although engines in this family tend to incur high ownership costs, they remain the latest technology for their respective aircraft types. Delays in aircraft programs like the 777X accentuate the importance of engines like the GE90-115. New generation engines Source: IBA Insight   Confidence in the GE Aerospace GEnx-1B, which holds the dominant share for engine power on the 787, means favourable market values compared to the Trent 1000 engines. What we are seeing are durability concerns with the Trent 1000  resulting in subdued confidence from operators, as evidenced by Air New Zealand's order cancellations. Despite these challenges, new-generation aircraft engines are the optimum technology,  showing continual increases in market values.   Regional aircraft engines A notable surge in demand has been observed in the turboprop engine market, particularly for the PW127M  and PW150A series, with IBA Insight’s aircraft engine values showing market values rebounding to levels exceeding those before the COVID-19 pandemic. Like narrowbody aircraft engine segment, this uptick is partly attributed to a scarcity of spare engine supply and ongoing production issues faced by Pratt & Whitney Canada, leading operators to rely heavily on the leasing market.   Some regional jet engine values  have not fully recovered from pre-COVID levels, with adjustments made to reflect cost escalations in the market. The CF34-8E5, which powers Embraer E170 and E175 aircraft, remains in demand, particularly in North America due to pilot scope clauses and market appeal supported by an existing order backlog in the region   Source: IBA Insight Source: IBA Insight   Looking ahead, market values for aircraft engines like the CF34-8E5 and CF34-8C5 are expected to remain strong, driven by this regional market demand  While challenges persist, particularly related to spare engine availability and ongoing technical issues, the regional aircraft engine market continues to evolve, with certain engine types experiencing recovery and others facing ongoing adjustments to market conditions.   Want to know more?   If you have any further questions, comments, or feedback, please get in touch.  


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