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MTS Journal
2024 •
Volume 40 •
Issue 1-2
This issue features a new white paper approved by the MTSC on the Current Battery Science in Transportation, as well as articles on Iowa Survivor Curves, Business Aviation, Summer Aircraft Sales, and Best Practices for Economic Obsolescence Measurement.
ASA’s John D. Russell, Strategic Partnership Officer and Co-Interim CEO gives a brief overview of ASA's upcoming 2024 International Conference in Portland, Oregon, September 15 – 17, 2024.
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John D. Russell, JD, Strategic Partnership Officer, ASA
News from ASA’s Machinery and Technical Specialties (MTS) Committee and updates on ASA MTS classes, conferences and events.
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Jamie Allen, ASA, Executive Vice President, Newmark Valuation and Advisory and Richard K. Ellsworth, ASA, Senior Advisor, Valuations at Leo Berwick
This article provides basic information on the new generation of batteries and the systems necessary for their use in various types of transportation as stored electrical power starts to take over from fossil fuels.
Richard K. Ellsworth, ASA, learned about the Iowa survivor curves and their significance in appraisals from colleagues skilled in financial theory and asset valuation. This article describes his introduction and their impact on his career.
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Richard K. Ellsworth, ASA, Senior Advisor, Valuations at Leo Berwick
Ryan Kinahan interviews accredited ASA member Mario Rafael Marqués Tapia on his background and insight into the Machinery and Equipment Valuation profession.
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Mario Rafael Marqués Tapia, ASA, VALOR Valuación Organizada S.A. de C.V and Ryan Kinahan, ASA, CPA, Managing Director, RK Valuation Advisory LLC
This article examines how business aviation markets are heading towards normalization and outlines predictions for the year ahead. A version of this article was previously published in Viewpoint, a publication of Cirium Ascend Consultancy.
This article examines and analysis the current, complex aviation market with special attention to the current economy, fuel prices, and demand and supply of aircraft.
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Jason Zilberbrand, ASA, President and CTO, VREF, Inc.
This article explores the reasons why equipment leasing and financial services companies’ staff should undergo training and certification in equipment management.
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William Engel, FASA, President, Strategic Asset Management
This article clarifies the distinctions between the terms purpose, intended use, and definition of value in the context of appraisal practice, addressing common confusions and providing insights from industry expert Barry Shea, ASA.
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Jack Young, ASA, ARM, Principal, NorCal Valuation Inc.
This is the fourth part of a four-part series. The series describes best practices for measuring economic obsolescence in unit principle M&E appraisals developed for ad valorem property tax planning, compliance, or controversy purposes.
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Robert F. Reilly, ASA, Managing Director, Willamette Management Associates