Two out-of-production Airbus SE and Boeing Co. jet series have become hot commodities, with plane values and monthly lease rates soaring for airlines fortunate enough to procure the aircraft. Used Boeing 737NG and Airbus A320ceo single-aisle models are now valued at about $20 million or more, according to analysts at Ishka, which specializes in aircraft pricing and valuation.
The decade-old planes are experiencing an unexpected surge in popularity at an age when monthly rents and resale prices usually decline. The workhorse aircraft still dominate many airlines’ single-aisle fleets, even as newer 737 Max and A320neo versions enter service.
