Business aircraft appraisals are typically conducted by qualified professionals who have experience and expertise in valuing aircraft. These professionals may be accredited by industry organizations such as the American Society of Appraisers or the National Aircraft Appraisers Association.

Appraisals can be used for a variety of purposes, such as determining the value of an aircraft for sale, determining the value of an aircraft for insurance purposes, or determining the value of an aircraft for tax purposes.

Business aircraft appraisals take into account a variety of factors that can affect the value of an aircraft, such as its age, condition, equipment, and maintenance history. The appraiser may also consider market trends and economic conditions when determining the value of an aircraft.

For buyers and sellers of business aircraft, appraisals can help them make informed decisions about buying or selling an aircraft. For buyers, an appraisal can provide assurance that they are paying a fair price for an aircraft. For sellers, an appraisal can help them set a realistic asking price for the aircraft.