What does the abbreviation CMV stand for in the aviation context?

In the aviation context, CMV stands for Current Market Value. This term is crucial as it refers to the most accurate and up-to-date assessment of the worth of an aircraft or aviation asset in the marketplace. The Current Market Value is determined based on various factors, including market demand, economic conditions, the condition of the aircraft, and comparable sales data.

By understanding the Current Market Value, stakeholders are better equipped to make informed decisions regarding transactions such as buying, selling, or leasing aircraft. Accurate valuation is essential for financial reporting, investment analysis, and managing aircraft portfolios effectively.

This concept emphasizes the dynamic nature of market conditions and the importance of regularly updating valuations to reflect real-time changes in the aviation industry.