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Assistance in Legal matters

Plane Data, Inc. continues to work with individual attorneys and law firms on projects involving the purchase of an aircraft, divorce, repossession, and diminution of value due to damage history, missing log books and/or records.  For all legal projects, the aircraft appraisal reports meet the Uniform Standards of Professional Appraisal Practice (USPAP) and representation is available when the need arises as an expert witness to review and comment on another aircraft appraiser's report (Appraisal Review) or to support the observations, details and conclusions of a report from Plane Data, Inc.  The answers to many questions regarding aircraft appraisals, aircraft appraiser credentials along with common industry misconceptions can be found here.


the aircraft appraisal report

An opinion of value is generally needed after repairs from a damage event or during repossession of the aircraft - but there are many other reasons as well.  Regardless of the situation, attorneys and their clients should be provided with credible, reliable information which is supported by first hand observations, research and current market data more than "rules of thumb", "rough percentages" or numbers from a publication which have little to do with actual sales information (market data).

Also be aware that the aircraft appraisal industry is unregulated.  As a result, there are no industry requirements for anyone to undergo any training, possess any aircraft appraisal credentials or even have a background in aviation.  Furthermore, there this no industry standard regarding the appraisal report itself.  This means that any number (verbal or written) would technically meet the definition of "appraisal".    Because of these factors, and the wide variance of an individual's knowledge, skills, abilities and experience appraising aircraft, it becomes clear why anyone can obtain any number or "opinion of value" they wish.  Supporting that final conclusion is another matter entirely however.   More information may be found in the article - What You Need to Know Before Hiring an Aircraft Appraiser


expert witness

Most aircraft appraisal reports are written in sufficient detail so that most questions or issues are addressed within the report itself with minimal follow-up.  However, there are projects which require a knowledgeable, experienced professional on the witness stand or as a consultant. Contact Plane Data, Inc. at 800-895-1382 to discuss your specific needs.


Aircraft purchase assistance

One of the most overlooked items in any purchase is the price of the aircraft itself and how that price was established.  Understanding a specific aircraft's market value which incorporates key value points, current market data along with a report of findings is a fundamental aspect of the overall transaction.  Details in the report may also be useful in future mechanical inspections, financing, taxes and so forth.  Relying on publications, or the buyer/broker/owner to provide key details tends to over-value the aircraft or avoid critical key details needed as part of the negotiation.  No attorney should ever rely on information that has not been validated by a trained, unbiased professional.

The Buyer's Agent Services provided by Plane Data, Inc. provides a more professional approach and ensures key details are not overlooked.   

latest news

other information

Call 800-895-1382

Plane Data, Inc.
P.O. Box 1414 Denver, NC 28037
Phone: 800-895-1382 Website: http://www.planedata.com