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Improve Your Chances of Success When Aircraft Values Are Involved !
Imagine for a moment that you are in a meeting with opposing counsel. At issue is the value of your client's aircraft before and after it was damaged (diminished value). The opposing counsel talks about how "minor" the damage really is and how it won't effect the value of the aircraft over time. He seems to be correct since he is quoting from one of the industry recognized published value guides and speaks with authority. At this point, you confidently slide a USPAP Aircraft Appraisal Report across the table prepared by Plane Data, Inc. The opposing counsel's face goes blank as the calculation page shows the value of the aircraft before the incident and the fair market value after repairs are completed detailing the aircraft's diminished value. You also inform the opposing counsel that you have a witness ready to testify who is a subject matter expert about the shortcomings of printed value guides and how the figures in the report were established. It's a sure bet that you have won the debate over the aircraft's value and its at this point when you really appreciate calling Plane Data, Inc. to help prepare this report. Chalk up another "win" !
Appraisal Reports Certified by the National Aircraft Appraisers Association (NAAA) have an impressive legal record. Since 1980, NAAA Certified Appraisal Reports have been used in hundreds of legal proceeding. In those cases that involved NAAA Certified Reports to determine the market value of an aircraft, the success rate is greater than 99%! Make sure you are using an NAAA CERTIFIED Aircraft Appraiser! Some cases have been reported wherein individuals represented themselves as NAAA Certified Aircraft Appraisers in the courtroom when in fact they have NEVER been certified by the NAAA. Don't let this embarrassing mistake happen to you.
Other Documents of Interest
Plane Data, Inc. Contact Information
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