EBACE Convention News

Amstat to Demonstrate New Aircraft Valuation Tool

 - May 22, 2017, 3:51 AM

Industry data provider Amstat is on hand here at EBACE (Booth O104) to demonstrate the latest versions of its web-based Amstat Premier, Amstat Connect, and Amstat Mobile business aircraft market research tools.

Amstat has been a member of EBAA for over five years and exhibiting at EBACE for 17 years,” said Chris Skurat, the company’s director of sales. “We are excited to demonstrate our latest services, which offer competitive advantage to Amstat subscribers involved with business aircraft sales, management, charter, financing, and maintenance.”

The New Jersey-based company will also be highlighting its new offerings such as Amstat StatPak, which is designed to take the detailed market data provided by the company and summarize it into tables and charts, allowing subscribers to more easily describe market conditions to their clients.

Show attendees can also get a sneak peak at the Amstat Aircraft Valuation Service which is currently in beta testing. A new approach to determining real-time aircraft values, it was developed in partnership with Van Buren Advisors and General Aviation Services, and uses an algorithm based on decades of market research and price data. “Our goal is to enable Amstat subscribers to generate objective and timely aircraft values on the fly,” explained Andrew Young, the company’s general manager. “We’ve had great feedback from the beta group and are looking to launch this service shortly.”