Most people have heard of the Learjet and the 8-track audio cassette, but few associate the two together. Bill Lear was the designer of the Lear Jet executive jet airplane, inventor of the 8-track stereo, and patented several car radios. He was a true pioneer, and visionary. VREF continues to value his products decades after they were first introduced and placed into service and countless others have dedicated their own career to maintaining, operating and piloting Bill’s inventions. [...]
Did you know... 1919 KLM is the world's oldest airline, established in 1919 1920 Qantas is the world's second oldest airline, established in 1920 USD$40,000 In 1987 American Airlines saved $40,000 by removing 1 olive from each salad served in first class 37 seconds An aircraft takes off or lands every 37 seconds at Chicago O’Hare's International Airport Wingspan The wing-span of the A380 is longer than the aircraft itself. Wingspan is 80m, the length is 72.7m $700 [...]
The Importance of Getting an Aircraft Appraisal for Your Plane If you haven't seen an aircraft appraiser yet, it should be your next priority. Keep reading to learn why getting an aircraft appraisal is so important. Keyword(s): aircraft appraisal If you own a plane and haven't had an aircraft appraisal, getting one done should be a high priority. Whether you're choosing an insurance policy for your aircraft, refinancing a loan, or trying to determine the value of a [...]
VREF & air.one join forces to bring VREF Value Reports to the consumer in a first for the aviation market.
In a first for the aviation market, thanks to the innovative teams at VREF and air.one, aircraft brokers, buyer’s agents and private buyers will be able to purchase, direct from the point of sale, a comprehensive evaluation report based on the listed aircraft’s actual component status and installed equipment. The report contains crucial information for a potential buyer or seller including ownership history, incident and damage history, market trends, and model specific historical value data. The VREF Verified [...]
RESTON, VA – CEO of VREF, Ken Dufour, Senior ASA, premiered on the History Channel’s popular television show American Pickers as an expert aviation and aircraft appraiser. Featured on the show was a 1920s Health-Henderson engine used in early aircraft kits. The American Pickers, who purchased the engine for $600, asked Dufour for the market value. Ken Dufour, Accredited Senior Appraiser with the American Society of Appraisers, is one of the few appraisers in the United States qualified to [...]