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16/10/2020

IBA Appointed ARJ2 Programme Appraiser By COMAC

16th October, 2020: The Commercial Aircraft Corporation of China (COMAC) has appointed IBA as the appraisal firm for its ARJ21 programme.

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The ARJ21 is a 78-95 seat regional jet that first entered commercial service with Chengdu Airlines in 2016. Today, 34 ARJ21 aircraft are in service, operated by Air China, China Eastern Airlines, China Southern Airlines, Chengdu Airlines, Genghis Khan Airlines and Jiangxi Air, on both domestic and international routes.


Phil Seymour, President of IBA, says: “This partnership with China’s flagship aircraft manufacturer is testament to the world-leading appraisal and valuations practice we have established at IBA. We look forward to developing a strong and longstanding working relationship with COMAC in the coming months.”

 

Brian Zhang, GM, Sales & Marketing Dept, COMAC comments: “IBA’s highly-qualified team, in-depth understanding of our aircraft programme and the market in which it operates, makes them an ideal partner for us as we continue to develop our successful ARJ21 programme.”

 

IBA was named ‘Appraiser of the Year’ in the Aviation 100 Awards in 2012, 2018 and 2020. Its expert valuations team includes six ISTAT qualified appraisers, who combine specialist expertise with extensive commercial and industry experience.

 

About IBA

IBA has over 30 years’ experience in delivering independent, expert business analysis and
data on the aviation sector. Established in 1988, it provides a wide range of services including InsightIQ, the leading platform for aviation intelligence, advisory, asset valuations, asset management, industry and sector research and analysis. IBA advises prominent investment funds and banks, aircraft leasing companies, operators, manufacturers and MROs. In January 2020, IBA was named ‘Appraiser of the Year’ by Airline Economics. 

 

IBA Media Contacts 
Charlie Hampton / Rosie Causer
Email: charlie@pembrokeandrye.com / rosie@pembrokeandrye.com
Mobile: +44 (0)7884 187297 / +44 (0)7875 132567

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