Value of Older Commercial Aircraft Increases as New Models Experience Problems Written 23 October 2023


An Airbus A320-200 of Jetstar inflight over France | Credit: Jetstar Airways/Wikipedia; CC BY-SA 4.0

The Wall Street Journal reported the value of 10-year-old planes, particularly the Airbus A320-200, has surged by 10% since August, recovering from the pandemic. This increase is attributed to problems with the newer A320neo model due to engine issues. Pratt & Whitney found contaminants in the engines, affecting around 40% of the A320neo fleet, potentially grounding hundreds of planes until 2026. Older aircraft models like the Airbus A330-300 and Boeing 777-300ER have also seen increased value. This trend suggests that investors are favoring older aircraft, which appear more reliable and insulated from manufacturing problems affecting newer planes.
Full Story (Wall Street Journal – Subscription Publication)