ISTAT Jetrader - Spring 2021 - 36

APPRAISAL

Boeing 737-900ER
Mark D. Halsor
ISTAT Certified Appraiser
mhalsor@aisi.aero
President
www.aisi.aero
Aircraft Information Services Inc. (AISI)
and Aviation Asset Management Inc. (AAMI)

Photo courtesy of Hector Jose Perestelo Sanfiel.

T

he 737-900ER is a
stretched version of
Boeing's 737-800.
It was developed
in response to the
poorly received
737-900, which saw
only 52 deliveries, primarily due to its
inability to fly coast to coast in the U.S.
First delivery of the 737-900ER was in
2006, with the last occurring in 2019.
It is highly concentrated by operator
and geography, with over 75% of the
delivered fleet of 448 aircraft placed
with just three U.S. carriers: United
(136), Delta (129) and Alaska (75). 737-

36

* T H E O F F I C I A L P U B L I C AT I O N O F I S TAT

The COVID-19 pandemic has negatively impacted 737900ER utilization, resulting in 30% of the delivered fleet
being placed into storage as of 1 December 2020.
900ER deliveries pale in comparison to
the almost 5,000 737-800s placed with
operators, and the 737-700 at nearly
1,100. (Fleet totals source: Air Finance
Journal Fleet Tracker)
The primary competitor to the
737-900ER during its production run
was the Airbus A321-200. In typical
two-class configuration, the A321-200

seats 185 versus 173 for the 737900ER. For 2015 vintages and later,
the A321-200 may seat up to 230 in
single-class configuration, and for 2018
and beyond, up to 240, with the latter
capacity upgrade requiring exit door
modifications. The A321-200 has been
far more successful with over 1,600
delivered. The 737-800 also competes



http://www.aisi.aero

ISTAT Jetrader - Spring 2021

Table of Contents for the Digital Edition of ISTAT Jetrader - Spring 2021

ISTAT Jetrader - Spring 2021
From the President
News & Events
Perspectives: Q&A With Abdol Moabery
Voices of Aviation
On the Rise
ISTAT Foundation
Appraisal: Boeing 737-900ER and Airbus A321-200
At a Glance: Joel Wagner
From the Vault: Favorite Moments from the Past Five Years
Advertiser Index
ISTAT Jetrader - Spring 2021 - Intro
ISTAT Jetrader - Spring 2021 - ISTAT Jetrader - Spring 2021
ISTAT Jetrader - Spring 2021 - Cover2
ISTAT Jetrader - Spring 2021 - 1
ISTAT Jetrader - Spring 2021 - From the President
ISTAT Jetrader - Spring 2021 - 3
ISTAT Jetrader - Spring 2021 - 4
ISTAT Jetrader - Spring 2021 - 5
ISTAT Jetrader - Spring 2021 - 6
ISTAT Jetrader - Spring 2021 - 7
ISTAT Jetrader - Spring 2021 - News & Events
ISTAT Jetrader - Spring 2021 - 9
ISTAT Jetrader - Spring 2021 - Perspectives: Q&A With Abdol Moabery
ISTAT Jetrader - Spring 2021 - 11
ISTAT Jetrader - Spring 2021 - 12
ISTAT Jetrader - Spring 2021 - 13
ISTAT Jetrader - Spring 2021 - 14
ISTAT Jetrader - Spring 2021 - 15
ISTAT Jetrader - Spring 2021 - Voices of Aviation
ISTAT Jetrader - Spring 2021 - 17
ISTAT Jetrader - Spring 2021 - 18
ISTAT Jetrader - Spring 2021 - 19
ISTAT Jetrader - Spring 2021 - 20
ISTAT Jetrader - Spring 2021 - 21
ISTAT Jetrader - Spring 2021 - 22
ISTAT Jetrader - Spring 2021 - 23
ISTAT Jetrader - Spring 2021 - 24
ISTAT Jetrader - Spring 2021 - 25
ISTAT Jetrader - Spring 2021 - 26
ISTAT Jetrader - Spring 2021 - 27
ISTAT Jetrader - Spring 2021 - On the Rise
ISTAT Jetrader - Spring 2021 - 29
ISTAT Jetrader - Spring 2021 - 30
ISTAT Jetrader - Spring 2021 - 31
ISTAT Jetrader - Spring 2021 - 32
ISTAT Jetrader - Spring 2021 - 33
ISTAT Jetrader - Spring 2021 - ISTAT Foundation
ISTAT Jetrader - Spring 2021 - 35
ISTAT Jetrader - Spring 2021 - Appraisal: Boeing 737-900ER and Airbus A321-200
ISTAT Jetrader - Spring 2021 - 37
ISTAT Jetrader - Spring 2021 - 38
ISTAT Jetrader - Spring 2021 - 39
ISTAT Jetrader - Spring 2021 - At a Glance: Joel Wagner
ISTAT Jetrader - Spring 2021 - 41
ISTAT Jetrader - Spring 2021 - From the Vault: Favorite Moments from the Past Five Years
ISTAT Jetrader - Spring 2021 - 43
ISTAT Jetrader - Spring 2021 - Advertiser Index
ISTAT Jetrader - Spring 2021 - Cover3
ISTAT Jetrader - Spring 2021 - Cover4
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