Airbus A380 aircraft will be valued only at $35million by 2030, estimates Valerie Bershova, valuations analyst at Ascend by Cirium,
According to Cirium, the “A380 Base Values were already expected to depreciate at a steeper pace than other types of similar vintage..”
To date, 242 A380s were delivered and only 8 more to be delivered. The demand for A380 turned out to be significantly lower than expected, and there are still few numbers of retired A380s need homes in near future.
The used aircraft demand for A380s are much weaker than Boeing 747s.
Second hand Boeing 747s were on demand as many were converted to freighters with the installation of a large freight door, some went into VVIP sector, and some are used for other services such as firefighting aircraft.
But the A380 conversions were highly limited, as aircraft’s double-deck design renders freighter conversion impractical.
At present, there is only one aircraft in operation with a second operator, namely Hi Fly, that operates the aircraft on revenue services for Air Senegal.
As demand for A380 continues to decline, the value dropped from $445 million a new unit to $276 million in 2019. The second hand price is expected to decline from about $80 million per plane in 2019, to $35 million by 2030.