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Description

This article was originally published in the October 2018 edition of Professional Pilot Magazine, and the topics covered include:

  • When does an aircraft sustain true "value diminution"?
  • The difference between value diminution and "cost to cure."
  • Determining whether structural damage has occurred.
  • Why "who" performed the repairs and "how" repairs were completed matters.
  • Why do "when" the damage occurred and "when" the repair was completed matter.
  • The effect on value of repairing the aircraft to its original production standard.
  • When might repairs enhance the aircraft and possibly lead to a value increase?
  • Important factors to be considered in determining "Value Diminution".