AMSTAT Launches AMSTAT Aircraft Valuation Tool, a Revolutionary New Approach to Evaluating Business Aircraft
Tinton Falls, NJ – October 3, 2017: AMSTAT, the leading provider of global business aircraft market, fleet and operator information has partnered with VANGAS (a joint venture of Van Buren Advisors and General Aviation Services) to provide a new standard in business aircraft valuation services.
“The AMSTAT Aircraft Valuation Tool (or “AVT”) is designed to tackle the challenges clients have reported that they face when estimating the value of an aircraft” said Andrew Young, AMSTAT General Manager. He went on to add “these challenges include the amount of time it takes to gather and process the market data needed to calculate values, the difficulty in being able to create value estimates in real-time and, finally, avoiding subjectivity. To overcome these issues, the AMSTAT AVT has been built to calculate estimated values in seconds, to use current aircraft specs (the tool is integrated into flagship AMSTAT Premier service) to derive current values and to utilize the same consistent objective methodology for each aircraft.”
The Tool was developed by combining 35 years of AMSTAT’s trusted market research, 40 years of General Aviation Services’ transaction experience and 30 years of Van Buren working in advanced analytics and business intelligence. Van Buren analyzed years of historical listing and sold business jet data across all available markets and built statistical models that accurately predict the value of an airplane based on a set of fundamentally driven, and statistically calibrated key value drivers.
The AVT is designed to streamline the process of creating estimated aircraft values for aircraft brokers, dealers and finance companies and is available today.
The AMSTAT Aircraft Valuation Tool will be demonstrated at NBAA-BACE 2017, Las Vegas, NV October 10-12, 2017 at both the AMSTAT Booth #N1710 and at two learning sessions on October 11th at 10-11am & 3-4pm in Convention Center Room N231.
About AMSTAT, Inc.
AMSTAT is the leading provider of market research information and services to the corporate aviation industry. Founded in 1982, and based in Tinton Falls, NJ, AMSTAT introduced the concept of providing researched information to corporate aviation professionals. AMSTAT’s mission is to provide timely, accurate, and objective market information to its customers. AMSTAT products and services provide aviation market and statistical information that generates revenue and delivers competitive advantage to brokers/dealers, finance companies, fractional providers, and suppliers of aircraft parts and services.
About Van Buren Advisors, LLC.
Van Buren Advisors is a leading provider of advanced analytics and business intelligence.
About General Aviation Services, LLC.
General Aviation Services is an industry leader in the sale and acquisition of pre-owned aircraft.
Andrew Young
New Jersey: (732) 530-6400 x147
