By Tony Kioussis | Asset Insight, Inc.

An aircraft’s maintenance condition represents its greatest value “wild card” and a figure that can dramatically impact the asset’s value. The challenge—whether you are a buyer or a seller—is to correctly value the asset’s financial exposure based on its maintenance requirements.

Aircraft Bluebook represents maintenance events as being fresh for most turbo prop and fan jet late model fixed wing aircraft in its descriptive “Base Average.” Calculating the financial exposure associated with all completed and upcoming scheduled maintenance events is a complex process. Additionally, to accurately complete such a task requires detailed knowledge of spare parts cost, Mean Time Between Failure (MTBF) rates for On-Condition components and flat-rate costs for maintenance inspections—just to name a few. Asset Insight, Inc., provides anyone holding, or planning to hold, a financial interest in an aircraft, a simple-to-understand, uniform methodology—an industry standard—for evaluating an aircraft’s maintenance condition based on a standardized scale.

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