Ever wish there was a database with everything you could want as a buyer or seller of aircraft? Gathering reliable information about aircraft appraisal services can easily become overwhelming. This is why VREF Online is an ideal aircraft data assistant for individual owners and organizations. Because buying or selling an aircraft looks different for different people, our database can also help answer some questions like… What features do I want most from an aircraft? Is business jet A [...]

Envision living life like The Jetsons? When the popular 60s sitcom appeared on television, their tech inspired us all to think about the future of urban air mobility (UAM). More than 60 years after The Jetsons pilot episode premiere, we still don’t operate zippy space cars with a Rosey the Robot at our side. But aviation industry professionals know that we have witnessed seriously significant UAM developments – some of which can be life-saving. Ever been in an [...]

Only about 44% of students succeed in earning their student pilot certificates. But why? In addition to lifestyle challenges, becoming a private pilot is a journey that not all students are prepared to take. On one hand, it’s exciting to pass on the love for aviation to younger generations. The knowledge, skills, and experiences of respected pilots are unmatched – even in a world seemingly obsessed with AI. To clarify, a student pilot certificate only allows you to [...]

What happens to your aircraft in a divorce? Pilots and aircraft owners may think more often about preparing their aircraft in the event of an emergency or an untimely death. However, many aircraft owners consistently do not cover all their bases when it comes to a certain life event. Including your aircraft in your will or estate plan should take into account every possible thing like a potential divorce. You follow other procedures and checks while maintaining records [...]

Most people don’t immediately associate estate planning with aircraft ownership. But there are a few reasons to include your aircraft in your estate plans – especially if you also own a business. Have you asked yourself questions like… Is anyone in my family interested in aviation? Do I want to prevent my aircraft from rotting in an unattended airfield? Is my aircraft capable of having another life after me? What are the options for my plane if something [...]

Private jet ownership can seemingly transcend you into another world with beautiful 40,000-foot views. However, there are potential legal issues for pre-owned aircraft that you should know about before you buy. If you’re like other pilots and aviation enthusiasts, you’ve likely dreamed of owning one or multiple private aircraft. If you’re a long-time aircraft owner, going over these potential legal issues is hopefully a simple refresher for information you already know. As mentioned, private jet ownership can be [...]

Before you shop around for an airplane or jet, you need to know how all 4 elements decrease aircraft value. It’s been said before that an aircraft deal that looks way too good to be true likely is, so it’s critical to do your research before making any quick decisions – especially in a hot market. You should have an aircraft that has even the smallest amount of damage due to earth, air, fire, or water appraised by [...]

Anticipating expected aircraft deliveries in 2024? You’re not the only one. According to Honeywell’s Global Business Aviation Outlook, about 8,500 new business jets are expected to be delivered from 2024 to 2033. And, in case you were wondering, the cost of those jets totals close to $278 billion. Learn more about what’s expected to hit the aviation market in 2024. Contact us today for aviation appraisals. 5 Fast Facts About Aviation In 2024 Why are aircraft manufacturers rushing [...]

Are you in the market for a jet? As you’re evaluating different aircraft, you may see that many have them have some sort of damage history. And the reality is…Many of the aircraft listed on the market will have those records. Any aircraft without damage history will be sold quickly and most likely, off-market. So how do you avoid buying a jet with damage history? You don’t necessarily. Instead, you need to know that in a hot market, [...]

If you’re like many others plugged into the aircraft community, you may be wondering why pre-owned aircraft are so sought after lately. There isn’t a singular reason why the aircraft industry is so hot. However, among a few reasons, it includes huge aircraft manufacturer announcements, trends in businesses, ongoing industry struggles, and beyond. Continue reading for guidance through why pre-owned aircraft are so sought after and similar relevant updates. Need an aircraft appraisal? Contact us today. What’s Going [...]