This issue talks about the next generation of MTS appraisers, appraisal ethics, and helicopter valuations. Other topics covered include: factors determining market value of pre-owned aircraft, economic obsolescence and costly assumptions.
As a fractional share owner, you don’t want to hear your aircraft share value has diminished. If you’ve not recently reviewed your contract, you may be surprised to learn the exit value is much lower than you expected.
A damage event is not something that any aircraft owner wants or expects. However, understanding the impact to the aircraft’s fair market value after the smoke clears and the dust settles will be critical to its future resale value.
We need to spread the word about the MTS appraisal profession to colleges, career days, job fairs, and at cocktail parties. We need to talk to everyone if we want to find the MTS appraisers of tomorrow.
The uncertainties of an unstable market are plentiful. Businesses struggle to find their footing and make adjustments to survive the storm. We are seeing some recovery, but the helicopter industry is still trying to cope with a depressed market.
