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Valuation of a Luxury Long-Range Executive Aircraft

Provided expert deposition testimony and prepared expert report on the fair market value of a large business jet aircraft.  Valuation analysis of the aircraft involved detailed review of completion work performed on the aircraft, its maintenance and operating records, and an analysis of the functionality of the cabin management system (“CMS”). Valuation was based on cost and market approaches and relied mainly on the analysis of sale transactions involving similarly luxury aircraft with and without deficiencies observed in the subject aircraft.