New generation widebody lease rates are rising with some lag and more subdued value gains, according to data revealed by Phil Seymour, Mike Yeomans, and Jonathan McDonald in our recent webinar.
The latest trends in new generation widebody aircraft values and lease rates. Source: IBA Insight.
The Airbus A350-900 was at US$925,000 per-month in January 2021 with an increase to US$954,000 per-month in January 2023. We predict this will have risen to US$1,007,000 per-month by July 2023.
Base value movements are more varied for new generation widebody aircraft. The Boeing 7879, 787-10, Airbus A350-900 and A350-1000 continue to grow, whereas the 787-8 and A330-900 fell between 2019 and 2022 (but stabilised into 2023).
The latest mid-life widebody aircraft value and lease rate trends. Source: IBA Insight
The base value decline for mid-life widebody aircraft has eased with the prospect of some market value recovery through the first half of 2023. A 12-year-old A330-300 was valued at US$20.04 million in 2022, and is predicted to drop to US$19.967 million in 2023.
Some mid-life widebody lease rates are increasing, with a 12-year-old B777-300ER sitting at US$314,000 per-month in October 2022 and predicted to rise to US$350,000 per-month by July 2023.
Stay tuned for our forthcoming webinars covering new and existing asset classes. In the coming months we be taking a deep dive into value trends for Engines, EVTOLs, business jets, helicopters, and freighters. Follow us on LinkedIn for updates on our next webinar.
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New narrowbody aircraft base values rose beyond the long-term trend into 2023, and lease rates are forecast to climb further this year, according to data revealed by Phil Seymour, Mike Yeomans, and Jonathan McDonald in the first of our new series of valuations webinars.
In this short report, our experts Dr Stuart Hatcher, Geoff van Klaveren and Mike Yeomans share their expectations for the year ahead, examining macroeconomic factors, supply and demand, and challenges to airlines and aircraft values.