If you’re an airplane enthusiast and been flying in other people’s aircraft or renting a plane, then you’ve likely considered buying your own. Unlike buying a house or car, buying an airplane, whether it’s a single-engine Cessna or a private jet, is more complicated than you think. Amongst several factors, it can be difficult to find a lender to finance the plane of your choice. Here is what you need to know! The good news is you can [...]

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 [...]

VREF provides appraisal services to thousands of aircraft owners on an annual basis, and every once in a while we come across a story worth sharing. Aviators are passionate to a fault, and one of the many things the staff at VREF enjoy are interacting with clients that have amazing stories and backgrounds to share. While conducting research we may uncover tidbits about an owner, or the history of an aircraft that is interesting.  When you are doing [...]

For luxury helicopters, it’s all about high-end convenient air travel. But, which helicopters stand out from the crowd? Helicopters have come a long way since the Sikorsky’s VS-300, American’s first practical helicopter, hit the scene. From just another form of transportation, choppers have evolved into situation savers in the military, medical, and cargo fields. And, of course, their designs continue to vary. Some makes are well suited to perform the above functions efficiently, but for some, it’s all [...]

Did you know that the Federal Aviation Administration provides services to 2.7 million airline passengers in the USA each day? If that reminder of airport overcrowding brings you out in a cold sweat, you may want to consider getting your own wings. Whether a private plane or a single-engine plane, more people are getting into personal air transportation than ever before. If you are one of these, take a look at the 10 best single-engine planes you can buy in [...]

Sometimes, everything that can go wrong will at least according to Mr. Murphy. And sometimes, that lands you in litigation. The trouble is that the people responsible for hearing out your case don't have the context or experience necessary to make an informed decision. This is when a VREF expert witness can help you. Here's what they do and how they can further your case. What is a VREF Expert Witness? A VREF expert witness is someone who can help [...]

The number of private jet service providers is estimated to increase by 4-7% over the next 12 quarters. Consequently, the customer base is expected to increase by 12-19% over the same period. As more flyers opt for private aviation services, those who have used private services in the past work towards cultivating a relationship with their previous service provider. If you’re planning on buying private jets for your aviation business, remember to adjust your customer acquisition dynamics to [...]