Services

 
 

Historically, we focus on adding value to UNHW individuals, wealth managers, investment bankers and their tax advisors through asset valuation, acquisition and equipment finance processes. We also aid aircraft owner-operators, managers & brokers with services that include:

certified appraisals

Used gen­er­ally for trust set­tle­ments, divorces and most lit­i­ga­tion, a cer­ti­fied air­plane appraisal is a detailed and accu­rate assess­ment of an aircraft’s mar­ket value based on a com­pre­hen­sive exam­i­na­tion of the aircraft’s present phys­i­cal con­di­tion and past flight his­tory. The only true way to deter­mine an aircraft’s mar­ket value is to per­form a detailed inspec­tion of the air­craft inte­rior and exte­rior, as well as those books and records asso­ci­ated with its oper­a­tion and main­te­nance. The exte­rior is inspected for dam­age, cor­ro­sion, loose or miss­ing fas­ten­ers, paint con­di­tion, air­frame con­di­tion, oil leaks and tire con­di­tion. The inte­rior of the air­craft is inspected includ­ing the cock­pit, pas­sen­ger area, and bag­gage com­part­ment. The con­di­tion of seats, car­pets, head and side pan­els are noted. The books and records are scanned for ser­vice bul­letin com­pli­ance, air­wor­thi­ness direc­tives (AD’s) and dam­age history.

 

Desktop Appraisals

This type of appraisal is used to inform an air­craft owner, buyer, or seller of the value of a cer­tain air­craft. This process is more accu­rate than a Book Value since the “actual con­di­tion” of the air­craft will be con­sid­ered. It has a sub­stan­tially lower cost than a Cer­ti­fied Appraisal because the appraiser does not inspect the air­craft. The client is respon­si­ble for pro­vid­ing and ver­i­fy­ing the accu­racy of the data. A Mar­ket Analy­sis has lim­ited use­ful­ness and can­not be used for obtain­ing financ­ing or for tax and legal dis­putes. It is how­ever, an inex­pen­sive way to develop a fair esti­mate of mar­ket value based on air­craft con­di­tion. Since the appraiser does not actu­ally inspect the air­craft, he can­not cer­tify its value.

 

diminution of value

Diminu­tion in value is a term used when cal­cu­lat­ing dam­ages in a legal dis­pute, and describes a mea­sure of value lost due to a cir­cum­stance or set of cir­cum­stances that caused the loss. Gen­er­ally, in the case of air­craft dam­age diminu­tion, it could include the cost to repair the air­craft, the loss of rev­enue that would have been gen­er­ated dur­ing its down time. It would also include the costs of seek­ing alter­nate trans­porta­tion for the owner, monthly pay­ments on the air­craft, hangar and insur­ance that can­not be avoided dur­ing down­time. Specif­i­cally, it mea­sures the value of some­thing before and after the dam­age event. It is the lost value in order to cal­cu­late­com­pen­satory dam­ages. Our staff has been called upon to assist in a num­ber of these sit­u­a­tions.

 

market or Fleet evaluations

Our group helps clients gain cor­po­rate avi­a­tion insight so they can make smart, informed deci­sions before they engage in air­craft acqui­si­tions, financ­ing or man­age­ment. 

 

 

Expert Witness Testimony

There are times that arise when cer­tain par­ties can­not resolve their dif­fer­ences through nego­ti­a­tion and lit­i­ga­tion ensues. Dur­ing that process we have tasked to pro­vide all facets of the above val­u­a­tion ser­vices through writ­ten and oral tes­ti­mony in depo­si­tion and in court. Retained by either the plain­tiff or the defen­dant, the appraiser is man­dated to make hon­est and eth­i­cal eval­u­a­tions of air­craft value, dam­age and diminu­tion. The appraiser is then required to undergo a cross exam­i­na­tion by the oppo­si­tion in defense of the devel­op­ment of his opinions.

 

buyer's agent services

 

Hav­ing some­one to rep­re­sent your inter­ests is a must in today’s mar­ket­place. The aver­age age of the gen­eral avi­a­tion fleet is 20+ years. There are a large num­ber of poten­tial pit­falls for an inex­pe­ri­enced pur­chaser to nav­i­gate. And, in addi­tion to being inex­pe­ri­enced many buy­ers can’t afford the time away from their work that is required to make a suc­cess­ful pur­chase. We rep­re­sent buy­ers from the open­ing of escrow, through the pre buy inspec­tion, test flights and finally the air­craft accep­tance. We help staff and oper­ate the air­craft if needed.

 

Aircraft Management Consulting

In an effort to pro­vide con­tin­ued post-purchase ser­vices to our cus­tomers, we offer cost analy­sis prepa­ra­tion as well as air­craft man­age­ment con­sult­ing. From the hir­ing of pilots to the hangar­ing and main­te­nance of air­craft, we can help.