SEASON 1 • EPISODE 27

The Difference Between Diminution of Value and Cost to Cure

Written by Tony Kioussis, President & CEO, Asset Insight, LLC and Read by Deborah Hooten

This article was originally published in the October 2018 edition of Professional Pilot Magazine, and the topics covered include:

When does an aircraft sustain true “value diminution”?
The difference between value diminution and “cost to cure.”
Determining whether structural damage has occurred.
Why “who” performed the repairs and “how” repairs were completed matters.
Why do “when” the damage occurred and “when” the repair was completed matter.
The effect on value of repairing the aircraft to its original production standard.
When might repairs enhance the aircraft and possibly lead to a value increase?
Important factors to be considered in determining “Value Diminution”.

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