Acquiring engine assets “like trying to catch the rainbow”

“The values currently commanded by used serviceable material (USM) are like pre-Covid prices “on steroids,” said Cliff Topham, SVP of sales and business development at Werner Aero, speaking at Airline Economics’ fleet management and asset trading parts conference. “In some cases, it’s very difficult to understand how the calculation is made to make the business case make sense,” he continued, adding that bidding on USM has also achieved record high prices in the last few months. Despite best efforts, “in a lot of [auctions], we’re not even in the same ballpark,” he added. Accordingly, it’s now increasingly harder to find