15 08, 2019

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

2023-01-22T14:41:59-06:00August 15th, 2019|Educational|

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

2023-01-22T14:42:07-06:00August 12th, 2019|Educational|

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 [...]

5 08, 2019

Cautiously Embracing 5G Technology By Eric Puype, Esq., CPP, PCI

2019-08-05T14:57:07-05:00August 5th, 2019|Educational|

Eric Puype is an expert witness and litigation consultant for VREF. He is a decorated combat veteran with over 20 years of physical and cybersecurity experience working with the government and private sector, and he holds a CPP and PCI with ASIS International. Eric is a licensed attorney and an active member of the Idaho State Bar. Undoubtedly everyone has heard of Fifth Generation Mobile Network (5G) technology, but most do not know what this technology is and [...]

26 07, 2019

*NTSB Safety Alert: PREVENT DEF CONTAMINATION

2019-07-26T20:08:04-05:00July 26th, 2019|Educational|

Diesel exhaust fluid (DEF) is a urea-based chemical that is added to ground vehicle emissions systems to reduce nitrogen oxide (NOx) emissions. DEF is not designed, nor approved, for use in jet fuel. If it is inadvertently added to jet fuel, as has happened in several incidents over the last 2 years, DEF will react with certain chemical components to form crystalline deposits in the fuel system. The crystalline deposits can then accumulate on filters, engine fuel nozzles, [...]

26 07, 2019

How to Buy an Airplane for the First Time: A Buyers’ Guide for Beginners

2019-07-26T16:58:50-05:00July 26th, 2019|Educational|

Have you ever had the dream of owning an aircraft? Does the thought elicit fantasy-like imagery of you soaring above the clouds as you jettison off to some Carribean island? If it's always been your dream to own a plane, it might be more financially viable then you thought. There are not only several ways you can potentially afford the aircraft of your dreams, but also some creative ways to get in the air quickly. Today, you don't [...]

22 07, 2019

5 of the Most Expensive Luxury Airplanes In the World

2019-07-22T19:53:39-05:00July 22nd, 2019|Educational|

A penthouse with an incredible view, a fleet of expensive cars, and a sophisticated, stylish wardrobe are all ways to show off your wealth. The ultimate sign that you've got the bank account to back it up is much bigger than all of that. We're talking about luxury airplanes. A jet-setter who's set on having their own jet has an average worth of $1.5 billion. It's not easy to secure a loan, go through the right channels to [...]

22 07, 2019

Why (USPAP) Uniform Standards of Professional Appraisal Practice Compliance Is So Important

2019-07-22T16:53:05-05:00July 22nd, 2019|Educational|

Appraisals and appraisers are not all the same, and once you realize that accreditation is optional, how can you protect yourself from a lousy evaluation? The need to hire an appraiser is never apparent until you need one. For example, say you want to figure out how much great grandma's diamond ring is worth for your new insurance policy? Or maybe you need to figure out the value of another pricey item you'd like to sell, such as [...]

18 07, 2019

How to Get Your Best Deal When You Buy a Helicopter

2019-07-18T18:57:27-05:00July 18th, 2019|Educational|

With the average helicopter costing anywhere from $250,000 to $1,700,000 you better bet finding a deal is worth the effort. But how do you shop savvy, and how do you recognize areas you can cut back on without risking the quality and safety of your new aircraft? Not to worry, here's a simple guide on how to get the best deal when you buy a helicopter. Finding a Deal When You Buy a Helicopter Freedom, adventure, convenience, what more [...]

18 07, 2019

Understanding Ethics and Transparency in Appraising Aircraft

2019-07-18T15:19:28-05:00July 18th, 2019|Educational|

You know the adage if it's in print it must be true! Well, when it comes to the internet and aviation information, most of what you read is not only inaccurate but severely outdated. When it comes to the transparency of data, most of what you find available on the world wide web is anything but factual. Rarely do you find a source cited, or a so-called expert backing up a claim. With aviation values and market demand, [...]

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