Asset Insight is making its Baseline Maintenance Rating available free of charge on its website. The Baseline Maintenance Rating is specific to an aircraft make and model, and takes into account the asset’s total flight hours and cycles, along with its date of manufacture. It allows a quick evaluation and comparison based on its significant financial wild card—its maintenance condition—for those looking to buy or sell an aircraft.
“The beauty of this tool is that it simplifies tremendously complex data using sophisticated maintenance analysis algorithms to produce an objective, easily understood aircraft maintenance rating instantly,” said Tony Kioussis, president of Asset Insight.
Once the user enters an aircraft's make, model, version, flight hours and cycles, and date of manufacture, the site will instantly return the Baseline Maintenance Rating for the entered aircraft along with material explaining the methodology and meaning of the returned score.
Buyers who are considering several aircraft can use the tool to winnow the pool of candidate aircraft by better understanding their maintenance status. Prospective sellers can use the system to identify the Baseline Maintenance Rating ito evaluate (in broad strokes) assets their aircraft is likely to compete against and then obtain more detailed information about those specific assets to develop an effective justification for their aircraft’s “ask price” and valuation.