News & Articles

Helicopter Valuations in Turbulent Times
By Jason Kmeicik and co-author Lindsay Moore

The dangers and uncertainties of an unstable market are plentiful.  Businesses struggle to find their footing and make all possible adjustments to survive the storm.  We are seeing some recovery, but it’s no secret that the helicopter industry is still trying to cope with a depressed market.  We’ve seen almost every possible...

Future of the Offshore Heavy Market
By Jason Kmeicik, Acting President

Oil prices are slowly on the rise, but supply still remains higher than demand and values continue to decline.  The face of the offshore heavy market has begun to shift.

While there are many heavy class models in various roles, the predominantly offshore AS332L2,...

Oil Market Overview & Its Effects on the Sikorsky S-92A
By Ben Moore, ASA

I recently had a conversation with a marketing member of one OEM.  We were in agreement that many of us did not see a continuation of low activity for this long.  We asked ourselves, "What happened in the last 18 months to cause the continuing excess of heavy helicopter ..."

Evaluating a Report for USPAP Compliance
By Lindsay Moore

New Online Seminar!  A Special Offering for Lenders and Other Non-Appraisers

Lending professionals and other non-appraisers will gain a better understanding of the Uniform Standards of Professional Appraisal Practice (USPAP) and its applicability to the lending process through this online

Appraising the Appraiser
By Richard A. Berkemeier

As originally appeared in Business Aviation Advisor, May/June 2015 (www.bizavadvisor.com)

Finding the Right Appraiser is as Easy as ASA. 

After the savings and loan crisis in the 1980s, and again in 2008, the banking industry responded with new

Unions: UK North Sea Workers Give 'Overwhelming' Support For Strike
By Reuters on Friday, March 27, 2015
LONDON, March 27 (Reuters) - Trade unions Unite and GMB said members working offshore in Britain's oil and gas industry had shown overwhelming support for industrial action over proposed changes to their terms and conditions in a consultative ballot which closed on Friday.
Pick a letter: U or V
By Alasdair Whyte, Editor, Helicopter Investor

You could get a barrel of West Texas Intermediate oil on Wednesday for just $44.66 (although what anyone would do with one barrel – or enough to fill 3.5 ten-gallon hats – is a mystery). This is the lowest price for six years and shows a fall of about 60 per cent from last summer.

State of the Used Single Turbine Market
By Ben Moore, ASA

In HeliValue$ last two quarterly market updates and our recently published article World Oil Prices and Helicopter Demand, there has been mention of the declining used single light turbine helicopter market. The recent news of Air Methods and Bell Helicopter's agreement for the acquisition/sale of 200 407GPX ...

World Oil Prices & Helicopter Demand
By Benjamin Moore, Senior Appraiser

The reaction to the price of oil dropping below $50 a barrel has been amazing in the helicopter industry. Financiers have had coronaries. Some are jumping out of first-story windows. There have been several articles printed that suggest that since the “hysteric lows”, oops, I mean, “historic lows” of the price ...

Increased Scrutiny on Residual Reviews
By Shawn Halladay & Carl Chrappa

Monitor 100 June 2014.  Expanded regulation and concern over past problems have increased the scrutiny auditors are applying to residual reviews, particularly for banks. Shawn Halladay and Carl Chrappa of The Alta Group discuss the impacts additional scrutiny has, including amplified levels of detailed information...

Challenges of "Heavy" Overwater Helicopters
By Lindsay Higgins

Mechanical failure, perception and confidence, and differing opinions about safety are all factors contributing to the successes and failures of rotorcraft.  In this article, we will look at other models that have faced similar mechanical issues, some with distinctly different outcomes, and compare them to...

Your Accountant Says You Need a “Qualified Appraisal”. Where Do You Start?
By Sharon Desfor, ASA, MRICS

Your company is being audited. You’re purchasing a company and need to allocate the purchase price across the assets. You’re getting divorced, or married, or your spouse passed away. You bought a helicopter. You sold a helicopter. You donated a helicopter to a museum.

Oops, My Registration has Expired?
By Carol Busch

HeliValue$’ president, Sharon Desfor, is a member of HAI’s Finance and Leasing Committee, whose last meeting spent considerable time discussing the new problem of expired FAA registrations. The research shows over 31,000 aircraft on the FAA registry with expired registrations / pending cancellations...

Critical Elements of Helicopter Value - Part 2 of 2
By Sharon Desfor

In Part 1, we defined micro elements are those which are inherent in the helicopter itself. Let's then define macro elements as those which are external to the helicopter and are imposed by the general economy: supply and demand, industry growth or contraction, client growth or contraction, availability of capital...

Critical Elements of Helicopter Value - Part 1 of 2
By Sharon Desfor

Are you thinking about buying a helicopter? Selling one? Funding a purchase or lease? As in economics, there are both micro and macro elements critical to its value.

Let's define micro elements as those which are inherent in the helicopter itself. These are the things that a...