8 10, 2019

The Most Affordable Corporate Jets for Your Business

By |2019-10-08T20:26:34+00:00October 8th, 2019|Educational|

Although there are 5,000 airports in the U.S., only 500 of them get regular commercial service. Moreover, of those 500, only 70 airports offer frequent commercial flights. Businesses still need to get from A to B. One solution for today's global market is corporate aircraft. Read on to learn about aircraft valuation for three of the most affordable corporate jets.  Are Corporate Jets Doable? If you thought that Fortune 500 companies make up the most significant component of private [...]

6 10, 2019

Featured Pre-Owned Aircraft: Bombardier Learjet 45

By |2019-10-06T19:19:38+00:00October 6th, 2019|Educational|

The Learjet 45 comes from a long and trusted lineage of business jets. In the '70s, the name Lear Jet was synonymous with celebrities and businessmen.  Today, the Learjet 45 is an appealing model known for its performance, and dispatch reliability. If you're interested in this light business jet, we have a helpful overview of what you need to know. Bombardier Learjet 45 Specs The Learjet 45 was manufactured by Bombardier Aerospace, which acquired the Learjet Corporation. It [...]

1 10, 2019

Things to Consider When Hiring an Aircraft Broker to Sell Your Plane

By |2019-10-01T21:44:56+00:00October 1st, 2019|Educational|

Did you know that the U.S. makes up 49.7% of the world's market for private jets? Are you looking to sell your plane but not sure what to look for in an aircraft broker? Read on to discover the top tips to look for in an aircraft broker. Professional Marketing When you're considering an aircraft broker, it's essential to understand their professional marketing practices. Do they use e-mail, magazine print advertising, postal mail, or other types of marketing? Find out [...]

1 10, 2019

Should I Lease or Buy an Airplane?

By |2019-10-01T15:28:19+00:00October 1st, 2019|Educational|

High-net-worth individuals and large companies, particularly those who travel internationally, often face an important decision. Deciding whether to lease or buy an airplane can be a difficult decision for several reasons. The decision to buy or lease an aircraft is one that you should discuss with several people, including your accountant, and your lawyer. There are pros and cons to each. Why Buy an Airplane?  Research has shown that, of all of the individuals and entities that use [...]

30 09, 2019

Hiring a Flight Crew for Your Private Jet

By |2019-09-30T20:33:06+00:00September 30th, 2019|Educational|

VREF Aircraft Value Reference often gets asked to help locate pilots, or even recomend a management company.  If you're one of the tens of thousands of people who own an aircraft, you may want to know how to hire a crew. With a shortage of qualified pilots, it can be a challenge to locate a pilot to hire permanently. If you are not an owner/operator, the process of finding the right company to manage your aircraft can be daunting. [...]

20 09, 2019

How Does the Aircraft Appraisal Process Work? What You Need to Know About Aircraft Appraisals

By |2019-09-20T14:14:14+00:00September 20th, 2019|Educational|

There are roughly 220,000 civil aircraft registered in the United States alone. You can determine the value for over 500 makes and models at VREF. Whether you're looking to buy or sell an aircraft, one of your first steps is to get an appraisal. A proper evaluation will allow all parties involved to know the value of the plane. The aircraft appraisal process is straightforward in most cases and should take a short time to complete. Keep reading to learn [...]

4 09, 2019

Protect Your Jet: Avoid the World’s Most Dangerous Landing Strips

By |2019-09-04T16:08:52+00:00September 4th, 2019|Educational|

Believe it or not, traveling by aircraft is still by far the safest form of travel. According to the NTSB, in 2016 there were only 108 accidents and 29 fatalities.  And considering some of the places pilots try their luck at landing, that's an even more impressive record!  If you're a pilot, you might want to consider avoiding the most dangerous runways—then again you may want to start a new bucket list! But where are these dangerous airports? Read [...]

25 08, 2019

How to Trade a Plane: 5 Helpful Tips For Buying & Selling Aircraft

By |2019-08-25T17:48:25+00:00August 25th, 2019|Educational|

Thinking that you want to trade a plane? It's not exactly like buying a car. There aren't dealerships around every corner, and it's a potentially risky investment that you want to be sure of a few things beforehand. But if you are looking at how to buy or trade a plane, there are a few tips that will keep your experience positive. Here are 5! 1. Think about Cost Vs. Safety If you're looking to trade a plane, it's [...]

25 08, 2019

What Is a USPAP Compliant Appraisal?

By |2019-08-25T17:40:04+00:00August 25th, 2019|Educational|

You're looking for a professional appraisal of your valuable asset. It doesn't matter if this appraisal is going to be used for resale purposes, a potential purchase, insurance, or financing, you want to make sure the appraisal is USPAP compliant for a reason. How do you ensure that is the case? You choose an appraiser that is USPAP-compliant! Keep reading to learn what USPAP is and why it's important for your appraisal. What Is USPAP? USPAP is an [...]

21 08, 2019

The 5 New Aircraft Designs That Have Everybody Talking

By |2019-08-21T14:43:12+00:00August 21st, 2019|Educational|

Over the last 100 years, the aviation industry has tried their hand at a range of exciting new designs. There has been a shift, however from massive changes to smaller incremental improvements. IN other words, the aircraft in its most basic form it the same recognizable shape that it was when it was first invented. Hence, tomorrow’s airplanes are probably going to look similar to the ones we all travel on today. This design is because of the trouble [...]