<PAGE> 1
Exhibit 99.2
CURRENT VALUES
OF AIRCRAFT IN THE
AIRPLANES GROUP PORTFOLIO
Prepare for: Prepared by:
AerFi Group plc BK Associates, Inc.
Shannon, Ireland Manhasset, New York
February 18, 2000
[BK LOGO]
<PAGE> 2
2. CONCLUSIONS
**************************
Based upon our familiarity with airline transport aircraft, our knowledge of
their capabilities and the uses to which they are put, our knowledge of the
marketing and leasing of new or used aircraft, and our familiarity with aircraft
generally, it is our opinion that the values for the aircraft in the Portfolio
as of February 16, 2000 are as stated in Figure 2-1, expressed in millions of
U.S. dollars.
At the request of AerFi, the values given in Figure 2-1 are as of February 16,
2000. In order to meet time constraints in filing this report with regulatory
authorities, the report was actually prepared in mid-January.
We believe it is reasonable to assume that the values would not change during
the short period of time between the report's preparation and February 16, 2000.
Only some very major event, such as the demise of a major airline or an
airworthiness directive that grounds an entire fleet, could likely change our
opinion on the values during that time.
Four values are given for each aircraft. Base Values (BV) and Current Market
Values (CMV) are included both assuming half-time between major maintenance
events and allowing for the current maintenance status. These are identified as
either "1/2-time" or "Mt.Adj."
According to the International Society of Transport Aircraft Trading's (ISTAT)
definition of Base Value, to which BK Associates subscribes, base value is the
Appraiser's opinion of the underlying economic value of an aircraft in an open,
unrestricted, stable market environment with a reasonable balance of supply and
demand, and assumes full consideration of its "highest and best use". An
aircraft's Base Value is founded in the historical trend of values and in the
projection of value trends and presumes an arm's
2
<PAGE> 3
length, cash transaction between willing, able and knowledgeable parties,
acting prudently, with an absence of duress and with a reasonable period of
time available for marketing.
The Current Market Value is similar to the Base Value. It is the appraiser's
opinion of the most likely trading price that may be generated for an aircraft
under the market circumstances that are perceived to exist at the time in
question. It is assumed the aircraft is sold for cash or equivalent
consideration and that the seller has an adequate amount of time for effective
exposure to prospective buyers, which BK Associates considers to be 12 to 18
months.
The values given in Figure 2-1 are based upon certain definitions and
assumptions regarding aircraft condition, maintenance status, and market
conditions which are described more fully below and later in this report. THESE
VALUES SHOULD NOT BE USED OUTSIDE THE CONTEXT OF, OR WITHOUT KNOWLEDGE OF,
THOSE ASSUMPTIONS AND DEFINITIONS.
For those values given in Figure 2-1 that include adjustments to account for
the current maintenance status, the adjustments are approximate, based on
industry average costs, and normally would include an adjustment for the time
remaining to a "C" check, time remaining to a "D" check, time remaining to
landing gear overhaul and time remaining to a heavy shop visit on engines. In
many cases, sufficient relevant data were not available to make adjustments for
engines and they were assumed to be at half-time. Where data were available
adjustments were included for engines. In some cases no current maintenance data
were available. Except in the rare case of coincidence, these cases are apparent
from the half-time value equaling the maintenance adjusted value.
Also, no consideration has been given to cash maintenance reserve payments or
security deposits that are likely paid by the lessees on nearly all of the
aircraft in the Portfolio. These payments are intended to offset the very costs
for which the maintenance adjustments are applied to the half-time values.
3
<PAGE> 4
BK Associates, Inc. has no present or contemplated future interest in the
aircraft, nor any interest that would preclude our making a fair and unbiased
estimate. This appraisal represents the opinion of BK Associates, Inc. and
reflects our best judgment based on the information available to us at the time
of preparation. It is not given as a recommendation, or as an inducement, for
any financial transaction and further, BK Associates assumes no responsibility
or legal liability for any action taken or not taken by the addressee, or any
other party, with regard to the appraised equipment. By accepting this
appraisal, the addressee agrees that BK Associates shall bear no such
responsibility or legal liability. This appraisal is prepared for the use of
the addressee and shall not be provided to other parties without the express
consent of the addressee.
BK ASSOCIATES, INC.
/s/ John F. Keitz
John F. Keitz
President
ISTAT Senior Certified Appraiser
4
<PAGE> 5
FIGURE 2-1
APG PORTFOLIO
<TABLE>
<CAPTION>
Base Value Current Mkt. Val.
Type Operator Regist S/N DoM 1/2 Time Mt. Adj. 1/2 Time Mt. Adj.
---- -------- ------ --- --- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
A300B4-100 Transaer Int'l EI-CJK 20 Oct-75 6.200 7.400 5.600 6.750
A300B4-100 Transaer Int'l EI-TLB 12 May-75 6.000 6.650 5.400 6.050
A300B4-200 Transaer Int'l EI-TLQ 131 Feb-81 12.000 13.650 11.100 12.750
A300B4-200 P.I.A. AP-BEL 269 Aug-83 13.250 14.000 12.300 13.000
A300C4-200 MNG Cargo Air. TC-MNG 83 May-79 17.500 18.550 16.625 17.650
A320-211 Canadian C-FPWE 175 Apr-91 27.150 26.550 27.150 26.550
A320-211 Air France F-GLGH 220 Sep-91 28.850 28.250 28.850 28.250
A320-212 Airtours International OY-CNP 294 Apr-92 30.250 30.350 30.250 30.350
A320-211 Canadian C-FLSU 309 May-92 28.600 28.000 28.600 28.000
A320-231 Airtours International G-TPTT 348 Jun-92 28.600 28.700 28.600 28.700
A320-211 Canadian C-FNVU 404 Jan-94 31.000 30.750 31.000 30.750
A320-231 Airtours International OY-CNR 349 Oct-92 30.500 30.600 30.500 30.600
A320-212 Airtours International OY-CNM 301 Apr-92 30.250 30.350 30.250 30.350
A320-211 Canadian C-FLSS 284 Mar-92 28.550 27.900 28.550 27.900
A320-211 Canadian C-FDCA 232 Oct-91 27.350 26.850 27.350 26.850
A320-211 Air France F-GLGG 203 Sep-91 28.850 28.250 28.850 28.250
A320-211 Canadian C-GPWG 174 Apr-91 27.150 26.550 28.650 28.050
ATR42-300 Idefix N249AT 249 Jan-91 6.400 6.650 5.800 6.000
ATR42-300 Titan Awys. Ltd. G-ZAPJ 113 Nov-88 5.100 4.950 4.600 4.450
ATR42-300 Titan Awys. Ltd. G-BUPS 109 Oct-88 5.100 4.750 4.600 4.250
ATR42-300 ACES HK3684 284 Jan-92 6.650 6.600 6.000 5.950
B727-2A1 Mexicana XA-MXI 21346 Oct-80 4.500 5.300 3.600 4.400
B727-2A1 Mexicana XA-MXJ 21600 Nov-80 4.500 5.100 3.600 4.200
B737-291 PT Mandala Airlines PK-RIQ 23023 Mar-83 8.020 7.500 7.250 6.700
B737-291 Lan Chile Airlines CC-CDG 23024 May-83 7.850 8.200 7.100 7.450
B737-2S3 LAPA LV-WJS 22278 Mar-80 6.280 5.850 5.700 5.200
B737-2Q8H Vanguard Airlines HA-LEA 21735 Jun-79 8.600 9.650 8.850 9.650
B737-2L9 Fornax Aircraft Leasing Ltd. UR-BFA 21685 Jan-79 6.350 7.000 5.750 6.350
B737-266 Aerolineas Argentinas S.A. EI-CNP 21192 Mar-76 4.860 4.200 4.400 3.700
B737-2T4 Malev HA-LEM 22804 Feb-83 7.940 6.300 7.150 5.500
B737-275H Canadian C-GAPW 20922 Aug-74 5.000 5.550 4.700 5.550
B737-2S3 LAPA N633GP 22633 Mar-81 7.500 7.950 6.750 7.200
B737-2T5H Vanguard Airlines HA-LEC 22979 Mar-83 10.000 11.250 10.405 11.250
B737-2M8 Air Kazakstan UN-B3706 22090 May-80 7.000 7.350 6.300 6.650
B737-2Q8 AeroSvit airlines LY-GPA 22453 Mar-81 7.310 8.600 6.600 7.900
B737-2L9 Lan Chile Airlines CC-CEE 22407 Sep-80 6.900 6.250 6.200 5.600
B737-275H Canadian C-GUPW 22873 Jul-82 7.600 8.100 7.600 8.100
B737-266 LAPA 5Y-BHV 21193 Jul-76 5.450 4.600 4.900 4.050
B737-266 LAPA 5Y-BHW 21196 Jul-76 5.350 4.050 4.850 3.500
B737-275H Canadian C-GIPW 21712 Feb-79 7.400 7.400 7.400 7.400
B737-275H Canadian C-GGPW 21639 Nov-78 7.200 7.200 7.200 7.200
</TABLE>
<PAGE> 6
FIGURE 2-1
APG PORTFOLIO
<TABLE>
<CAPTION>
Base Value Current Mkt. Val.
Type Operator Regist S/N DoM 1/2 Time Mt. Adj. 1/2 Time Mt. Adj.
---- -------- ------ --- --- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
B737-275H Canadian C-GEPW 21115 Dec-75 5.160 5.550 5.200 5.550
B737-275H Canadian C-GCPW 20959 Feb-75 4.350 4.300 4.350 4.300
B737-275H Canadian C-GBPW 20958 Jan-75 4.350 4.450 4.350 4.450
B737-2T4 Malev HA-LEI 22803 Feb-83 8.000 6.500 7.200 5.700
B737-2T4 LAPA LV-WNB 22369 Sep-80 6.450 6.200 5.850 5.550
B737-2T4 LAPA LV-WNA 22368 Sep-80 6.450 6.150 5.850 5.500
B737-2T4 Ukraine International UR-GAD 22802 Feb-83 7.960 9.050 7.200 8.250
B737-2T5 Lan Chile Airlines CC-CJW 22397 Feb-81 6.820 7.250 6.150 6.600
B737-2T4C LAPA LV-WPA 23065 Oct-83 9.500 9.950 9.500 9.950
B737-2T4C Xiamen B-2505 23066 Dec-83 9.800 8.700 9.800 8.700
B737-3Y0 Philippine Airlines EI-BZN 24770 Oct-90 21.600 21.200 22.700 22.300
B737-3Y0 Air One SpA XA-RJR 25179 Feb-92 24.000 23.600 25.000 24.550
B737-317 Frontier Airlines, Inc. EI-CHH 23177 Apr-86 14.630 14.450 15.850 15.650
B737-3Y0 EC-FKJ 23749 May-87 17.700 18.500 18.950 19.750
B737-3Y0 Air Europa EC-FJZ 23923 Apr-88 19.190 18.450 20.550 19.800
B737-3Y0 Air Asia Sdn. Bhd. 9M-AAA 24907 Mar-91 23.450 22.550 24.600 23.700
B737-3Y0 Transavia PH-TSU 24905 Feb-91 23.380 22.500 24.550 23.700
B737-3Y0 Air One SpA EI-CLW 25187 Mar-92 24.000 23.450 25.000 24.450
B737-3Y0C America West N330AW 23499 Jun-86 17.450 17.450 17.800 17.800
B737-3Y0C America West N329AW 23500 Jun-86 17.450 17.450 17.800 17.800
B737-4Y0 Aer Lingus EC-FBP 24690 Jul-90 23.550 24.400 23.550 24.400
B737-4Y0 Turk Hava Yollari TC-JDG 25181 Feb-92 25.900 25.150 25.900 25.150
B737-4Y0 Aer Lingus EC-348 25180 Jan-92 25.800 25.800 25.800 25.800
B737-4Y0 Istanbul TC-AZA 24691 Aug-90 23.650 24.350 23.650 24.350
B737-4Y0 Istanbul TC-AYA 24683 Aug-90 23.700 24.300 23.700 24.300
B737-4Y0 Turk Hava Yollari TC-JDH 25184 Mar-92 26.100 25.350 26.100 25.350
B737-4Y0 Turk Hava Yollari TC-JDT 25261 Apr-92 26.200 24.600 26.200 24.600
B737-4Y0 Pegasus TC-AFU 26081 Mar-93 27.550 26.100 27.550 26.100
B737-4Y0 Malev HA-LEO 26071 Nov-92 27.000 26.450 27.000 26.450
B737-4Y0 Malev HA-LEN 26069 Nov-92 27.000 26.400 27.000 26.400
B737-4Y0 Sun Express TC-SUT 25190 Apr-92 26.200 25.050 26.200 25.050
B737-4Y0 Turk Hava Yollari TC-JDF 24917 Jun-91 25.100 25.950 25.100 25.950
B737-4Y0 Air Europa EC-GBN 24912 Jun-91 24.800 24.250 24.800 24.250
B737-4Y0 Aer Lingus EC-GVB 24689 Jul-90 23.550 24.000 23.550 24.000
B737-4Y0 Pegasus TC-AFK 24684 Apr-90 23.360 23.700 23.400 23.700
B737-4Y0 Jet Airways (India) Pvte Ltd. VT-JAK 24687 May-90 23.150 23.750 23.150 23.750
B737-4Y0 Asiana Airlines HL7260 24520 Dec-89 22.200 22.900 22.200 22.900
B737-4Y0 Asiana Airlines HL7258 24493 Jul-89 21.450 20.800 21.450 20.800
B737-4Y0 Jet Airways (India) Pvte Ltd. VT-JAG 24345 Jun-89 21.450 22.400 21.450 22.400
B737-4Y0 Travel Servis a.s. TK-OVS 24911 Apr-91 24.950 24.300 24.950 24.300
B737-4Y0 Air Europa EC-GAZ 24906 Feb-91 24.300 23.150 24.300 23.150
B737-4Y0 Turk Hava Yollari TC-JDY 26065 May-92 26.350 24.750 26.350 24.750
</TABLE>
<PAGE> 7
FIGURE 2-1
APG PORTFOLIO
<TABLE>
<CAPTION>
Base Value Current Mkt. Val.
Type Operator Regist S/N DoM 1/2 Time Mt. Adj. 1/2 Time Mt. Adj.
---- -------- ------ --- --- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
B737-5Y0 China Southern B-2548 25182 Feb-92 18.500 18.500 19.400 19.400
B737-5Y0 British Midland G-OBMR 25185 Feb-92 18.500 17.850 19.400 18.750
B737-5Y0 China Southern B-2550 25188 Mar-92 18.650 18.650 19.500 19.500
B737-5Y0 Rio Sul PT-SLN 26075 Oct-92 19.300 18.900 20.100 19.700
B737-5Y0 Rio Sul PT-SSA 25192 Apr-92 18.750 17.500 19.650 18.400
B737-5Y0 China Southern B-2542 24897 Feb-91 16.800 16.800 18.100 18.100
B737-5Y0 Turk Hava Yollari TC-JDV 25289 Jun-92 19.100 19.050 19.900 19.850
B737-5Y0 Jet Airways (India)
Pvte Ltd. VT-JAL 25191 Apr-92 18.750 17.500 19.650 18.400
B737-5Y0 Turk Hava Yollari TC-JDU 25288 Jun-92 19.100 19.000 19.900 19.850
B737-5Y0 Rio Sul PT-SLU 25186 Mar-92 18.650 18.200 19.500 19.050
B737-5Y0 China Southern B-2549 25183 Feb-92 18.500 18.500 19.400 19.400
B747-259F Tower Air N621FF 21730 Jun-79 36.500 36.800 36.500 36.800
B757-2Y0ER Britannia Airways AB SE-DUL 26151 Jul-92 40.750 41.250 40.750 41.250
B757-2Y0 Avianca EI-CEZ 26154 Sep-92 39.150 39.550 39.150 39.550
B757-2Y0 Xinjiang B-2827 26156 Nov-92 39.850 41.000 39.850 41.000
B767-2Y0ER Transbrasil PT-TAK 25421 Jan-92 44.600 43.650 44.600 43.650
B767-3Y0ER Transbrasil PT-TAE 24948 Jul-91 53.750 53.350 53.750 53.350
B767-3Y0ER Aeromexico CC-CEL 26204 Oct-92 61.300 62.350 61.300 62.350
B767-3Y0ER XA-RKI 26200 Jul-92 60.900 62.550 60.900 62.550
B767-3Y0ER XA-EDE 25411 Jan-92 60.000 60.750 60.000 60.750
DC8-71F BAX Global N830BX 45973 May-68 13.200 12.450 14.750 14.000
DC8-71F Aircraft Int. Leasing
Limited CC-CAR 45976 Jul-68 13.200 13.850 14.750 15.400
DC8-71F BAX Global N828BX 45993 Aug-68 13.200 13.950 14.750 15.000
DC8-71F BAX Global N820BX 46065 Jun-69 13.200 13.650 14.750 15.200
DC8-71F BAX Global N825BX 45978 Jul-68 13.200 13.350 14.750 14.900
DC8-71F Tampa HK3786 45849 Apr-67 13.200 13.400 14.750 14.950
DC8-71F BAX Global N822BX 45813 Jan-67 13.200 13.700 14.750 15.210
DC8-71F BAX Global N821BX 45811 Jul-67 13.200 14.150 14.750 15.700
DC8-71F Tampa N8099U 46066 May-69 13.200 13.400 14.750 14.950
DC8-71F BAX Global N824BX 45946 Mar-68 13.200 12.450 14.750 14.000
DC8-71F Aircraft Int. Leasing
Limited CC-CYQ 45810 Mar-68 13.200 13.000 14.750 14.500
DC8-71F BAX Global N826BX 45998 Oct-68 13.200 12.500 14.750 14.050
DC8-71F Aircraft Int. Leasing
Limited CC-CDU 45997 Sep-68 13.200 13.200 14.750 14.300
DC8-71F Aircraft Int. Leasing
Limited CC-CDS 45996 Oct-68 13.200 13.200 14.750 14.750
DC8-71F Tampa EC-FVA 45945 Mar-68 13.200 13.900 14.750 15.400
DC8-71F BAX Global N827BX 45971 May-68 13.200 13.200 14.750 14.750
DC8-71F BAX Global N829BX 45994 Aug-68 13.200 13.150 14.750 14.700
DC8-71F Aircraft Int. Leasing
Limited CC-CAX 45970 Mar-68 13.200 13.100 14.750 14.650
DC8-73F N873SJ 46091 Apr-70 18.000 18.750 19.000 19.750
DC9-32 Aeromexico XA-AMC 48127 Jul-80 4.600 4.350 3.700 3.400
DC9-32 Aeromexico XA-AMD 48128 Aug-80 4.600 4.500 3.700 3.600
DC9-32 Aeromexico XA-AMB 48126 Apr-80 4.500 4.000 3.600 3.100
</TABLE>
<PAGE> 8
FIGURE 2-1
APG PORTFOLIO
<TABLE>
<CAPTION>
Base Value Current Mkt. Val.
Type Operator Regist S/N DoM 1/2 Time Mt. Adj. 1/2 Time Mt. Adj.
---- -------- ------ --- --- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
DC9-32 Aeromexico XA-AMF 48130 Dec-80 4.700 5.050 3.800 4.150
DC9-32 Aeromexico XA-AME 48129 Nov-80 4.700 4.750 3.800 3.800
DC9-32 Aeromexico XA-AMA 48125 Apr-80 4.500 4.100 3.600 3.200
DC9-51 Hawaiian N660HA 48122 Nov-80 4.400 4.900 4.000 4.450
DC9-51 Hawaiian N603DC 47784 Mar-79 4.000 3.900 3.600 3.500
DC9-51 Hawaiian N661HA 47796 Mar-79 4.000 4.150 3.600 3.750
DC9-51 Hawaiian N662HA 47742 May-77 3.450 3.600 3.105 3.250
DHC8-100 National Jet Systems VH-JSI 229 Sep-90 7.150 7.150 7.150 7.150
DHC8-100 Allegheny Airlines EI-CHP 258 Jan-91 6.200 6.100 6.200 6.100
DHC8-100 Liat V2-LDU 270 May-91 5.900 5.750 5.900 5.750
DHC8-100 Liat V2-LEP 144 Mar-89 5.400 5.350 5.400 5.350
DHC8-102 Liat V2-LDQ 113 Sep-88 5.050 5.050 5.050 5.050
DHC8-102 Liat V2-LDP 140 Mar-89 4.550 5.000 4.550 5.000
DHC8-300 Schreiner Airways PH-SDU 232 Oct-90 7.300 7.300 7.300 7.300
DHC8-300 Schreiner Airways PH-SDT 276 May-91 7.850 7.900 7.850 7.900
DHC8-300 Wideroe's Flyveselskap a/s LN-WFB 293 Oct-91 8.100 8.200 8.100 8.200
DHC8-300 Brymon Airways G-BRYS 296 Oct-91 8.000 8.000 8.000 8.000
DHC8-300 Rheintalflug OE-LRW 307 Dec-91 7.600 7.650 7.600 7.650
DHC8-300 Wideroe's Flyveselskap a/s LN-WFA 342 Dec-92 8.850 9.000 8.850 9.000
DHC8-300 Brymon Airways D-BKIR 334 Oct-92 8.500 8.450 8.500 8.450
DHC8-300 Schreiner Airways PH-SDP 300 Apr-92 8.300 8.300 8.300 8.300
DHC8-300 Schreiner Airways PH-SDM 298 Apr-92 8.300 8.300 8.300 8.300
DHC8-300 Schreiner Airways PH-SDR 283 Sep-91 8.000 8.100 8.000 8.100
DHC8-300 Aeroel Airways 4X-ARU 267 Apr-91 7.700 7.850 7.700 7.850
DHC8-300 Schreiner Airways 5N-DAP 244 Dec-90 7.400 7.600 7.400 7.600
DHC8-300 Aeroel Airways 4X-ARP 266 Mar-91 7.600 7.800 7.600 7.800
DHC8-300C ALM PJ-DHI 230 Oct-90 7.500 7.700 7.500 7.700
DHC8-300C ALM PJ-DHE 242 Nov-90 7.500 7.600 7.500 7.600
F100 Mexicana XA-TKP 11266 Aug-90 11.950 11.950 11.950 11.950
F100 Mexicana XA-SGF 11384 Mar-92 14.750 14.650 14.750 14.650
F100 Mexicana XA-SGE 11382 Mar-92 14.750 14.650 14.750 14.650
F100 Mexicana XA-SHJ 11319 Apr-91 13.100 13.050 13.100 13.050
F100 Mexicana XA-TCG 11374 Jan-92 14.500 14.400 14.500 14.400
F100 TAM Express S/A. PT-MQC 11371 Dec-91 14.830 14.850 14.850 14.850
F100 TAM (Meridionais) PT-MQJ 11347 Oct-91 14.000 14.000 14.000 14.000
F100 TAM (Meridionais) PT-MRE 11348 Aug-91 14.200 14.200 14.200 14.200
F100 Mexicana XA-TKR 11339 Jul-91 13.550 13.800 13.550 13.800
F100 TAM PT-MQK 11336 Jun-91 13.400 13.400 13.400 13.400
F100 Mexicana XA-TCH 11375 Feb-92 14.600 14.500 14.600 14.500
F100 TAM (Meridionais) PT-MRA 11284 Jul-90 11.950 11.950 11.950 11.950
F100 TAM (Meridionais) PT-MRB 11285 Aug-90 14.600 14.600 14.600 14.600
F100 TAM PT-MRG 11304 Feb-91 12.950 13.050 12.950 13.050
</TABLE>
<PAGE> 9
FIGURE 2-1
APG PORTFOLIO
<TABLE>
<CAPTION>
Base Value Current Mkt. Val.
Type Operator Regist S/N DoM 1/2 Time Mt. Adj. 1/2 Time Mt. Adj.
---- -------- ------ --- --- -------- -------- -------- --------
<S> <C> <C> <C> <C> <C> <C> <C> <C>
F100 Mexicana XA-SHI 11309 May-91 13.250 13.150 13.250 13.150
F100 TAM PT-MRH 11305 Apr-91 13.100 13.200 13.100 13.200
MD11 Varig PP-VPN 48499 Dec-91 74.050 72.450 74.050 72.450
MD11 Varig PP-VPO 48500 Mar-92 75.000 74.250 75.000 74.250
MD11 Varig EI-CDK 48501 Sep-92 75.900 75.050 75.900 75.050
MD82 Aeromexico EI-BTX 49660 Mar-88 18.050 18.800 18.950 19.700
MD82 Aeromexico EI-BTY 49667 Jan-88 16.950 17.700 17.800 18.550
MD83 Meridiana SpA EI-CKM 49792 Nov-89 20.900 20.200 21.950 21.250
MD83 Avianca EI-CFZ 53120 Jul-92 22.800 22.850 23.350 23.450
MD83 Avianca EI-CER 53125 Apr-92 22.750 22.700 23.300 23.250
MD83 Estago Anlagen-Vermietungs D-ALLV 49620 Jul-88 19.100 18.850 20.100 19.800
MD83 Spanair EC-GBA 49626 Oct-88 19.250 19.200 20.250 20.150
MD83 Nouvelair Tunisie EI-CGI 49624 Aug-88 19.000 19.500 19.950 20.450
MD83 Nouvelair Tunisie EC-FTU 49672 Jul-88 19.000 18.950 19.950 19.900
MD83 Eurofly S.P.A EI-CEK 49631 Jun-89 20.100 19.000 21.105 20.000
MD83 Spanair EC-GAT 49709 Dec-88 19.550 18.950 20.550 19.950
MD83 BWIA International 9Y-THX 49789 Sep-89 20.650 20.050 21.700 21.050
MD83 TWA EI-BWD 49575 Oct-87 17.300 18.400 18.200 19.250
MD83 Eurofly S.P.A EI-CMZ 49390 Apr-86 16.600 17.050 17.450 17.850
MD83 Nouvelair Tunisie EI-CBO 49442 Apr-87 17.600 17.700 18.500 18.600
MD83 Meridiana SpA EI-CRW 49951 Aug-91 22.650 22.050 23.250 22.600
MD83 American Airlines N882RA 49949 Aug-91 22.650 21.900 23.250 22.450
MD83 Far Eastern Air Transport B-28031 49950 Nov-91 23.000 23.400 23.600 24.000
MD83 American Airlines N881RA 49941 Dec-90 22.200 21.300 23.350 22.400
MD83 Spanair EC-GVI 49936 Oct-90 22.050 22.600 23.200 23.750
MD83 Avianca EI-CBR 49939 Oct-90 21.650 21.000 22.750 22.050
MD83 Air Liberte S.A. F-GPZA 49943 Jul-91 22.700 22.400 23.850 23.550
MD83 Avianca EI-CCC 49946 Jul-91 21.700 21.050 22.750 22.150
MD83 Meridiana SpA EI-CRH 49935 Sep-90 21.850 23.000 22.950 24.100
MD83 Spanair EC-FXA 49938 Dec-90 22.300 21.650 23.450 22.800
MD87 Aeromexico XA-SFO 49673 Dec-88 15.850 14.900 15.400 14.400
METROIII Air Nelson ZK-NSZ 712 May-88 1.700 1.700 19.650 19.650
METROIII Air Nelson ZK-NSU 705 Aug-88 1.700 1.700 1.500 1.500
METROIII Air Nelson ZK-NSY 711 Mar-88 1.700 1.700 1.500 1.450
3446.840 3438.200 3511.590 3500.310
</TABLE>
