What is the depreciation rate for aircraft?

The depreciation rate for aircraft typically ranges from 5% to 10% per year, depending on factors such as the type of aircraft, its usage, and market conditions. Most commercial aircraft are often depreciated over a period of 20 to 30 years. However, some accounting methods, like straight-line depreciation, may apply a consistent rate, while others may use accelerated depreciation for tax purposes. It’s essential for operators to consult with financial experts to determine the appropriate depreciation strategy for their specific aircraft.