31st January, 2022. The market values and lease rates for the Boeing 737 MAX are rapidly recovering. Like closing on its Airbus A320neo competitor, according to new Aircraft Market Intelligence Reports being launched by IBA today.

In its report on the Boeing 737 MAX 8, IBA’s expert ISTAT-accredited valuations team ascribe a value of US$47.9 million to a newly delivered aircraft, up 6% from a low point of US$45.2 million in the first half of 2021, and now just US$1.8 million behind the value of a new Airbus A320neo.

Data

Data in the report from IBA’s InsightIQ intelligence platform shows that by the end of 2021, around 540 Boeing 737 MAX 8 aircraft had been delivered, with around 365 in active service, 154 stored and a further 17 parked. Since deliveries of the type resumed in December 2020, 180 737 MAX 8 aircraft have since been delivered to customers.

Most jurisdictions have recertified the Boeing 737 MAX 8 for operation, although notably the fleet in China remains grounded, with return to service expected early in 2022. Around 220 Boeing 737 MAX 8 aircraft have been built and remain to be delivered to airline customers.

Almost 300 of the in-service fleet (comprising active, parked and stored aircraft) are leased to their operators and are owned by Lessors and/or Financial Instruments including ABS structures. At the end of 2021, the Boeing 737 MAX 8 holds a backlog of around 2,700 units, amongst 73 customers, the largest of which are Lion Air and Southwest Airlines, each with 186 aircraft still to be delivered.

IBA’s new market intelligence reports provide the fullest, most holistic market commentaries available to the aviation industry per aircraft type. This enables users to streamline their efforts in developing investment strategies, amending portfolios, updating risk committees and more. InsightIQ updates the data in each report automatically every month, with IBA’s ISTAT-certified appraisers and analysts making quarterly revisions to the corresponding data sets.

The reports blend rich, accurate InsightIQ data with IBA’s expert advisory opinion, providing insights into the current and future trends for every commercial aircraft type, and delivering a comprehensive overview of the selected asset’s liquidity and market dynamics.

Market Intelligence

IBA’s InsightIQ Market Intelligence Reports provide a quick, detailed snapshot of each type’s:

• Carbon emission trends
• Flights by origin region
• Engine type by aircraft
• Aircraft status
• Value and lease rate performance over the past three years
• Aircraft transaction events and average age

Commenting on the launch, Ian Beaumont, Chief Executive Officer of IBA, said:

“It’s important for our clients to maximise the deep insight and intelligence available from InsightIQ. This means making the information and analysis readily available so all clients can consume and socialise the detail in their preferred format.

Supporting our best-in-class analytical interface, we have launched our Aircraft Market Intelligence Reports to equip users with a concise PDF format to identify market opportunities, manage risk and monitor liquidity to support decision making for each aircraft asset type.”

The launch of the Reports marks IBA’s latest upgrade to its InsightIQ intelligence platform, and is the seventh significant platform upgrade since its launch in October 2020. IBA has witnessed accelerating subscriptions to the platform and its latest accompanying functionalities, from industry leading organisations.

Beaumont added: “These developments to IBA’s InsightIQ platform reinforce our ongoing commitment to enhance, refine and improve our platform – as we continue to build advancements based on valued client feedback. Our 35 years of values and maintenance data coupled with the expertise of our award-winning advisory teams enables a more confident decision making and risk management process by aviation and finance professionals across the globe.”

More information about IBA’s new Aircraft Market Intelligence Reports is available here.

About IBA

IBA has over 30 years’ experience in delivering independent, expert business analysis and intelligence on the aviation sector. Established in 1988, it provides a wide range of services including InsightIQ. InsightIQ is a one-stop intelligence platform combining speed, accuracy, visual analytics and intuitive navigation.

Source : IBA

IBA media contacts

Charlie Hampton / Alisha Pyzer Email: charlie@pembrokeandrye.com / alisha@pembrokeandrye.com Mobile: +44 (0)7884 187297

Source : IBA