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Aviation (as defined on Wikipedia) includes the activities surrounding mechanical flight and the aircraft industry. Aviation can be broadly categorized into three main groups: Commercial Airlines, Military Aircraft and General Aviation. Commercial Airlines: There are approximately 24,000 commercial aircraft operating worldwide. These planes are primarily used for passenger transportation but can be converted into VIP… Continue reading DIFFERENT TYPES OF AIRCRAFT IN AVIATION AND VALUATION APPROACH
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Introduction The latest edition of the International Valuation Standards (IVS) as at the time of putting up this article issued on 31st July, 2021 by the International Valuation Standards Committee (IVSC) is International Valuation Standards (IVSs) titled IVS 2022 as they became effective on 31st January 2022. The 2022 edition of IVS replaced IVS… Continue reading Understanding Inventory Valuation
Aircraft Valuation – Is the Market Flying? An appraiser perspective”, a webinar by David Crick, ASA, DavAir Group Managing Director
“FOUNDATIONS OF MARINE ASSETS APPRAISAL”, a webinar by Norman F. Laskay, ASA, NAMS-CMS
INTRODUCTION Many valuers often have this belief that there is just one important date that should appear in the valuation report and the date is the day the property was inspected. However, this position is not 100% correct, as a standard valuation report can have up to four (4) or more dates. It is very… Continue reading FOUR IMPORTANT DATES THAT SHOULD APPEAR IN A VALUATION REPORT
INTRODUCTION There have been a lot of misconceptions about the forced sale value, what it means and how it should be arrived at. Many valuers do not necessarily understand that forced sale value is not a basis of valuation and should never be an opinion of value. Similarly, the term forced sale value should not… Continue reading UNDERSTANDING THE CONCEPT OF FORCED SALE VALUE (FSV
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