8 03, 2019

VREF Market Leader Newsletter February 2019

By |2019-03-08T15:25:52+00:00March 8th, 2019|Newsletter|

We hope everyone had a Happy Holiday Season and enjoyed some time off with friends and family. 2018 was a welcomed change to the market environment from years past, we witnessed inventory levels drop to 10-year lows, as well as a significant uptick in new aircraft orders. Business aircraft finally welcomed the long overdue positive correction into a seller’s market. For the manufacturers of business aircraft, there were just over 200 new orders,but the shining star was Textron [...]

18 02, 2019

Your Business is Clear for Takeoff: How to Start a Private Jet Charter Business

By |2019-02-18T22:35:26+00:00February 18th, 2019|Educational|

Struggling to get your jet business off the ground? The jet charter industry pulls in $25 billion a year in the US. If you want to use your aviation knowledge or your capital to get in on that action, then you'll need to start a private jet charter business. But that's not exactly an everyday activity, so you'll want some pointers. Below, we're taking a look at how to get your private jet charter business to take off. Figure Out [...]

18 02, 2019

Arriving in Style: The 4 Best Private Airports in the United States

By |2019-02-18T22:31:56+00:00February 18th, 2019|Educational|

If you own or operate a private jet, you have tons of airports to choose from for takeoff and landing. In fact, there are over 4,000 airports that accept private jets in the U.S alone. But with so many options, it may be difficult to select the right one for you. So, which private jet airports are the best? And what makes some private airports better than others? Keep reading to find out. We'll review the top four best private [...]

18 02, 2019

Everything You Wanted to Know about the Bell 206 Helicopter Series

By |2019-02-18T21:57:55+00:00February 18th, 2019|Educational|

There are more than 9,000 commercial helicopters in the US alone. These aircraft have become a critical part of modern society. One of the most popular helicopter models is the Bell 206 series. It’s one of the most iconic designs you can find today. It appears in movies as well as television shows and it’s a popular choice for local broadcasting stations as well. There are thousands of Bell 206 helicopters in circulation today. Below, we’ll discuss everything [...]

18 02, 2019

10 Things Non-Pilots Don’t Understand about Small Private Jets

By |2019-02-18T21:55:19+00:00February 18th, 2019|Educational|

It's the stuff of dreams, a jet-set life flying around in your own private plane. So what's it really like? Well, fasten your seatbelts because we're about to give you the lowdown on a luxury lifestyle most of us can't afford. We're going to go behind the scenes for a peek into the realm of small private jets. Here are ten facts you may not know about in what can sometimes feel like another world. Doors to automatic. We're [...]

18 02, 2019

The Complete History of the Piston Plane Engine: How the Piston Engine Changed the Skies

By |2019-02-18T21:52:30+00:00February 18th, 2019|Educational|

It's now hard to imagine a world without planes. In 2018, the world hit a peak of over 200,000 commercial flights in a single day. And that's to say nothing of private flights. Aviation technology has changed the world, and we have the humble piston to thank for most of its history. Below, we're taking a look at how the piston plane engine changed the skies forever. The Rise of the Piston The first piston engines came into [...]

18 02, 2019

How Much is a Helicopter? 7 Helicopters Ranked by Price (Low to High)

By |2019-02-18T21:24:07+00:00February 18th, 2019|Educational|

If you're wondering how much a new car is, you can simply drive by a local dealership and look at the big numbers on their cars' windshields to find the answer. Or, even more easily, you can hop on one of the popular car appraisal sites designed to answer just this question for you. If your question is "how much is a helicopter?", the options for finding a trusted resource are more limited. If you're in the market for a [...]

18 02, 2019

Flying Lavishly in a G650: Your Guide to Buying Gulfstream Jets

By |2019-02-18T21:09:12+00:00February 18th, 2019|Educational|

The gorgeous Gulfstream G650 is, put simply, not a small-fry jet. Even pre-owned G650s regularly sell for northwards of $50 million, whilst a new one will set you back $60 million at least. Gulfstream jets are icons are luxury living and the G650 is one of the most stylish and fine-tuned products on offer. The initial 3-year waiting list that accompanied the launch of this gulf-stream jet a few years back has died down somewhat, but demand is [...]

18 02, 2019

Double the Engines, Double the Due Diligence: Considerations When Buying a Twin Engine Plane

By |2019-02-18T21:05:34+00:00February 18th, 2019|Educational|

A twin engine plane can be the biggest investment of a person's life. And most twin engine jets soar well over $3 million apiece. In addition to the price tag, an extra engine comes with added responsibilities. But there's no need to panic. We've locked in the most important things to consider when buying a twin engine plane. Before hitting the skies, make sure to run through this twin engine airplane checklist. Why Pilots Pick a Twin Engine [...]

28 01, 2019

ALERT: Proposed AD for all Piper PA-28 Series aircraft and the PA-32 (AD 2018-CE-049-AD)

By |2019-01-28T15:33:47+00:00January 28th, 2019|Educational|

Proposed AD for all Piper PA-28 Series aircraft and the PA-32 (AD 2018-CE-049-AD) which either: 1. Has accumulated 5,000 or more hours; 2. Has had either main wing spar replaced with a serviceable part (used with time already on the part); or 3. Has missing and/or incomplete maintenance records. The FAA estimates that this AD will affect 19,696 aircraft on the U.S. Register. VREF and our Partner AOPA has spent significant time researching this AD. This AD is [...]