25 08, 2019

Current Airplane Prices For 10 of Today’s Most Popular New & Used Aircraft

By |2019-08-25T18:01:27+00:00August 25th, 2019|Uncategorized|

The cost of a new aircraft continues to rise with increased costs of labor along with the increased expense in components and raw materials. Commercial passengers often complain about the price of tickets to their travel destination, but those who are fortunate enough to charter a plane or buy one for the first time, are paying even more to avoid the dreaded security line. Airplane prices vary based on several factors, including size, passenger capacity, equipment, in-flight entertainment, amenities, [...]

15 08, 2019

Inadequate Physical Security Leads to Potential Cyber Threat By Eric Puype, Esq., CPP, PCI

By |2019-08-15T21:26:53+00:00August 15th, 2019|Uncategorized|

What comes to mind when you think of a malicious actor conducting a cyberattack?  Do you think of a person behind a laptop in a dark room located in some distant city trying to penetrate a network through known vulnerabilities created by weak security protocols?  I bet you don’t think of someone trying to gain access to an airport, its hangers, or aircraft, for the purpose of conducting a cyberattack on an airplane's avionics.  Well, you should, as [...]

12 08, 2019

American Society of Appraisers (ASA) Appraisal Methodology Guide

By |2019-08-12T16:26:56+00:00August 12th, 2019|Uncategorized|

An appraisal is an opinion of value, and it can be verbal or written. The truth is when it comes to appraising aircraft, the quality of the report is based on several factors, but what you are paying for is that appraisers experience. Hire the wrong appraiser, and your dreams of owning an aircraft will come to an end. Experience is not something you can google or research. It is only earned through decades of hard work and [...]

9 07, 2019

Fly High With These 7 Must Know Airline Industry Trends for 2019

By |2019-07-09T18:43:15+00:00July 9th, 2019|Uncategorized|

No business exists in a vacuum. Social trends, economic shifts, and technological advancements can have a major impact, and the aviation industry is no exception. Whether you're primarily focused on freight or passengers, knowing what's ahead can help you keep up and plan for a successful future. Here's a peek into the airline industry trends we expect to continue throughout the rest of 2019. Airline Industry Trends in 2019 Whether you're trying to keep up with your competitors or find [...]

28 06, 2019

The Dos and Don’ts of Hiring Aircraft Appraisers

By |2019-07-05T14:36:31+00:00June 28th, 2019|Educational, Uncategorized|

Having an aircraft appraisal completed requires locating a qualified and accredited appraiser. However, where do you start? An excellent resource for pilots and buyers of aircraft alike is the AOPA website, and it contains more unbiased information than any other source on the internet. Accurate and impartial data are two of the many reasons why AOPA and VREF have a strategic partnership going back many years. Financial institutions and insurance companies are also a great place to seek [...]

10 06, 2019

6 Trends For The Global Airlines Industry

By |2019-07-03T15:41:00+00:00June 10th, 2019|Uncategorized|

The Federal Aviation Administration estimates that over 2.7 million people fly in and out of American airports each day. Successful airlines are going to need to appeal to customers if they want to stay on top. And the easiest way to look appealing to customers is to have the most advanced services and benefits possible. There are plenty of airline industry trends that show that flights are only going to get more efficient and innovative. Are you interested [...]

29 05, 2019

How to Know When It’s Time for a Private Jet Upgrade

By |2019-05-29T20:20:20+00:00May 29th, 2019|Uncategorized|

If you've got a private jet, congrats. You're one of a very select few people who do. Having a private jet is a unique joy. Skipping TSA security checks, avoiding cramped quarters, and traveling on your own schedule are all perks that justify any expenditure. But what if your experience is lacking? It might be time for a private jet upgrade. If you're thinking it's time to revamp your jet but aren't sure, look no further. Here are [...]

29 05, 2019

What Private Jet Has the Lowest Fuel Consumption Rate?

By |2019-05-29T20:04:54+00:00May 29th, 2019|Uncategorized|

If you think it costs a lot to fill up your car's gas tank, then can you imagine the average cost to fill a jet? Fuel consumption rate matters! If you're in the market for a new private jet, then you need to know the importance of this critical jet feature. Are you ready to get all the details about fuel consumption? Then keep reading to find out! Fuel Consumption Rate: Why Does it Matter? Why should you [...]

2 05, 2019

What Is the Best Personal Aircraft to Buy in 2019?

By |2019-05-02T20:37:31+00:00May 2nd, 2019|Uncategorized|

When buying an aircraft for personal use, there is a litany of factors that will go into your decision-making. Whether your intentions are to take day trips for the weekend or intercontinental excursions, finding the best personal aircraft to meet these needs will come at wildly different price points. In addition, the number of passengers and on-going costs for the aircraft can affect your decision. Keep reading for a VREF  breakdown of various examples for the best personal [...]

22 04, 2019

How Regular Maintenance Can Preserve Your Small Plane Investment

By |2019-04-22T15:49:25+00:00April 22nd, 2019|Uncategorized|

According to Investopedia and VREF, an small piston aircraft can cost anywhere from $8,000 to $300,000, depending on the make, model, and features  of the plane. But before you buy yourself a small plane, you need to make sure you know about all the costs of a plane and how to maintain your plane, so check out our useful guide now. How Much Does an Airplane Cost? The upfront cost of a light aircraft depends on what type of [...]