ISTAT Jetrader - Winter 2024 - 45

CFM56-5B CMV AS A PERCENTAGE OF 1H 2019 CMV
100%
110%
50%
60%
70%
80%
90%
1H
2019
2H
2019
1H
2020
2H
2020
CFM56-5B4/3
CFM56-5B3/P
1H
2021
2H
2021
1H
2022
CFM56-5B4/P
CFM56-5B6/3
2H
2022
1H
2023
2H
2023
CFM56-5B3/3
CFM56-5B6/P
1Q
2024
2Q
2024
3Q
2024
Engine
CFM56-5B
CFM56-7B
Current
Market
Value
$6.25
$6.93
Current
Base
Value
$5.95
$6.18
CFM56-5B/-7B - mba Aviation - Values as of September 30th, 2024
Future Base Values at 2.0% Inflation
2025
$6.00
$6.24
2026
$6.03
$6.29
2027
$6.05
$6.32
2028
$5.99
$6.26
* Values will vary depending on engine thrust rating and technical insertion.
* Maintenance Assumptions - Half-Life condition, Neutral QEC installed
* All values in US$ Millions
* Future Values: as of 3Q of each year
lagged the bullish values recovery
of the CFM56-7B. Market Values for
the CFM56-5B are still below 2019
highs but are currently 5% above Base
Values, indicating market strength.
Lease Rates are beginning to surpass
2019 levels and are expected to
continue growing in the short to
medium term as availability dries up
and demand strengthens. Compared to
the CFM56-7B and V2500-A5, values
for the CFM56-5B likely have the most
room to grow in coming quarters.
mba has revised its Base Value
forecast for both engine types,
extending Base Value appreciation
through 2027, which, until recently,
was expected to begin depreciating
in 2024. This is due to the long-term
fleet impacts of delayed new aircraft
deliveries extending retirement
forecasts for the predecessor
types and delaying fleet ubiquity of
replacement aircraft.
ADVERTISER INDEX
Aeronautical Engineers Inc. .........05
aeronautical-engineers.com
AvAir............................................... 15
avair.aero
CAVU Aerospace Inc. .....................23
cavuaerospace.com
CFM International .........................41
cfmaeroengines.com
EFW ................................................44
elbeflugzeugwerke.com/en
Kellstrom Aerospace .................... 11
kellstromaerospace.com
Mammoth Freighters .................. IBC
mammoth777.com
Pratt & Whitney ........................... IFC
prattwhitney.com/sustainability
UMB Bank ..................................... BC
umb.com
* WIN TER 2024 * 4 5
2029
$5.92
$6.18
2030
$5.84
$6.09
2031
$5.64
$5.87
2032
$5.44
$5.67
2033
$5.24
$5.45
2034
$5.04
$5.23

http://www.cfmaeroengines.com http://www.aeronautical-engineers.com http://www.mammoth777.com http://www.elbeflugzeugwerke.com/en http://www.prattwhitney.com/sustainability http://www.avair.aero http://www.kellstromaerospace.com http://www.umb.com http://www.cavuaerospace.com

ISTAT Jetrader - Winter 2024

Table of Contents for the Digital Edition of ISTAT Jetrader - Winter 2024