Important Facts about Aircraft Trading

Posted by shohanimran on January 13, 2021 with No comments

 


You might be surprised to know that almost half of all aircraft in the world are leased to commercial services worldwide. This lease gives great comfort to the owners and operators of the aircraft which is reflected in the increase in the turnover of the aircraft every year, which has doubled in the last five years. Many service companies offer aircraft trading services. But Elite Aviation is considered one of the best.

Many people do not know some important facts about aircraft trading? Thinking about them, we will highlight some of the facts here. So let's get started with it.

Economic Issue:

Commercial aircraft associated with the lease help save operating capital. There are also three more financial reasons why you want to trade aircraft.

Upcoming maintenance or repair:

It can be more difficult to trade or sell your aircraft because it is time for expensive maintenance events, inspections, or repairs. The resale value of your aircraft offsets that maintenance cost. Trading too soon can help you avoid these few expenses and flight downtime.

Aircraft damage:

An airline’s damaged aircraft could be another star actor. If it pays off, you should avoid the long-term downtime cost of significant repairs by moving your plane for a lower price and moving on to newer ones.

Warranty:

The next owner trades your aircraft before the expiration of the warranty period through any unforeseen problems with the pre-owned aircraft. This will reflect the price you get for your aircraft which can be higher than any aircraft without a higher warranty.

Flexible flying:

The airline's commercial aircraft may replace their fleet, increase it, or reduce excess capacity. There are considerations of an airline business travel type, economic downturn, and mission. If your aircraft no longer efficiently serves your route structure, it may consider the business time when adding another type of aircraft to your fleet.

Updated cabin facility:

Re-upgrades in all cabin classes pay dividends to customers who enjoy their flight experience with your airline. Passengers want to feel that they are getting more value for their money. The bright and stylish cabins create an impression of luxury and quality that makes passengers feel better and today's flyers expect a certain level of cabin amenities like Wi-Fi or inflight entertainment systems.

New technology:

Avionics Upgrade: It takes time and money to keep up with the latest FAA orders. The decision to trade your current aircraft or to invest in a new, more sophisticated model can be made by its equipment. For example, the Automated Reliance Surveillance-Broadcasting System (ADS-B) significantly improves a pilot's situational awareness and improves the safety of the equipment needed before January 1, 2020.

Updated technology: As new aircraft have improved equipment, engineering, and technology, it can inform your decision to trade your current aircraft for better performance and reliability. Sometimes you can find peace just by owning a new model.

Trading with Aircel

The lease situation of two aircraft can't be the same. The expert Aircraft lease team develops unique solutions to meet the operational needs of any client ensuring flexibility and responsive service.

Aircel customers can also count on proven guidance, personal attention, and thorough follow-up through each step of the aircraft lease transaction. The Aircel Airlines aircraft portfolio includes both Boeing and Airbus narrow and wide-body aircraft in both passenger and freighter configurations.

Unique among aircraft leasing companies, Aircel provides internal refinement and configuration capabilities through its MRO services. As a result, customers get quick feedback about their delivery details.

Final Thought

 Since the airline trade is currently growing globally, one should have a complete idea about its benefits. We have arranged our article with some of the essential facts about aircraft trading. Hopefully, with this small effort, you will get a complete idea of its facts and why it is growing worldwide. Thank you all.

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