In the landmark case of Northwest Airlines, Inc. v. CIR, 1978, the Minnesota Supreme Court addressed the complex issue of valuing a commercial airline’s fleet for tax assessment purposes, with pivotal testimony from an Aviation Valuation Expert Witness.
Background and Parties
Northwest Airlines, Inc., a major commercial airline, contested the valuation of its aircraft fleet as determined by the Minnesota Commissioner of Revenue. The dispute centered on whether the commissioner’s assessment accurately reflected the market value of the airline’s property for taxation. The case required the Minnesota Tax Court to weigh competing valuation methodologies and expert opinions, given the inherent difficulty in appraising a diverse and specialized fleet of commercial aircraft.
Expert Witness Blog

