3 04, 2023

What To Expect In 2023 For The Future Of 100LL, Jet Fuel, And Avgas

2023-04-03T16:12:27-05:00April 3rd, 2023|Educational|

If you’re banking on the economy to improve fuel prices for your aircraft, now is not the time to hold your breath. Not to add too much fuel to the fire, the following points touch on several worldwide issues that affect our 2023 predictions for jet and other alternative fuels. Ongoing Issues With U.S. Banks In early 2022, many individuals expressed uncertainty about banks offering larger loans to startup companies while also using cryptocurrency in their regular operations. [...]

8 03, 2023

How To Market Your Vintage Aircraft

2023-03-08T13:29:56-06:00March 8th, 2023|Educational|

Wondering how to market your vintage aircraft? There are a few reasons why someone may want to sell their vintage plane. Sometimes, we hold on to items that connect us to family members who have passed on, places where we have fond memories, and keepsakes full of nostalgia. But when it’s time to pass those items on, you might be surprised to find that people close to you either don’t have room for them in their lives or [...]

8 03, 2023

The Allure Of Owning A Vintage Aircraft

2023-03-08T13:13:50-06:00March 8th, 2023|Educational|

Dedicated collectors in aviation know that owning a vintage aircraft is no easy mission to both accomplish and maintain. Unlike other collectors out there, owning a vintage aircraft takes much more time, work, and money – far beyond what’s expected, even for vintage cars. However, if you have the resources, owning vintage aircraft as a collector can be an exciting hobby that also takes part in preserving parts of history. Those who are already in the vintage plane-buying [...]

5 01, 2023

Who Can Perform Preventive Maintenance On An Aircraft?

2023-01-22T15:46:40-06:00January 5th, 2023|Educational|

If you're a new or potentially new aircraft owner, asking who can perform preventive maintenance on an aircraft is an essential question. When the safety of yourself and others relies on several factors, maintenance is one of the most critical aspects. However, finding the right person or group to work on your aircraft is essential. Doing so will better ensure that the job is done correctly and adheres to aviation safety standards. What to know upfront is that [...]

27 12, 2022

When Will Used Aircraft Prices Go Down?

2023-01-22T14:29:20-06:00December 27th, 2022|Educational|

A trending question in aviation lately is…when will used aircraft prices go back down? After all, what goes up must come down, or does it? After an astounding 2021, post-Covid aircraft values skyrocketed, and the used aircraft market is being compared to the housing market. The demand is high, inventory is low, and there doesn't seem to be much let up from the consumer's appetite to fly privately. Aircraft sales and the volume of transactions are correlated to [...]

23 12, 2022

Top 10 Modifications For Beechcraft Bonanza’s A36

2023-01-22T13:58:04-06:00December 23rd, 2022|Educational|

Beechcraft's 36 Bonanza is an aircraft for the books. At the height of its popularity, Beechcraft went about producing about 100 a year. In total, more than 4,000 Bonanza 36s were built. With over 55 years in production, the 36 is one of the few aircraft worth far more today than they were even at its peak. As a top 5 VREF-appraised aircraft, your 36 Bonanza appraisal needs are our specialty. Reach out today. Bonanza A36: The Plane [...]

9 11, 2022

How Long Must Maintenance Records For An Aircraft Be Retained?

2023-01-22T13:47:21-06:00November 9th, 2022|Educational|

Do you know how long maintenance records for an aircraft need to be kept? What about ensuring they're safely stored? And if you ever lose or destroy a record, can it be replaced with a copy? When it comes to keeping records organized and on hand, you cannot think of it in the same way you would think of a car. Losing or tossing the last receipt you have for completed auto work like an oil change, tire [...]

7 11, 2022

How Does The Escrow Process Work In Aircraft Sales?

2023-01-22T13:44:08-06:00November 7th, 2022|Educational|

If you've ever purchased a home, you're already familiar with the escrow process for real estate. The whole point of escrow is to have an independent, trusted third party oversee your transaction. Escrow in aircraft sales works similarly to real estate transitions. As an aircraft buyer, it's highly recommended that you hire someone to handle escrow for you because it is a full-time job. This way, you don't need to worry too much about the paperwork, state and [...]

10 10, 2022

VREF’s Private Aviation Predictions For Q4 2022

2023-01-22T13:32:28-06:00October 10th, 2022|Educational|

The past few years have been a whirlwind for aviation, but private aviation predictions are still trending up despite the economic jitters and higher interest rates. There are still issues, such as the nationwide labor shortage and manufacturing and supply chain delays. But, buyers worldwide continue to show interest in pursuing aircraft acquisitions, and more importantly, they seem to be shrugging off issues other asset classes are starting to face. The general public may not think much about [...]

10 10, 2022

7 Ways Aviation’s Workforce Shortage Impacts Private Aviation

2023-01-22T13:28:17-06:00October 10th, 2022|Educational|

If you're traveling, you're probably aware of the aviation workforce shortage across the U.S. Whether you travel for personal or business reasons, you're likely noticing a pattern from one location to the next. Airports don't have enough workers to make flying more efficient. Furthermore, airlines have been hiking up ticket prices to recoup lost revenue since the pandemic's start. Remember, airlines didn't just lose $168 billion in revenue in 2020, but aviation operators also made $500 billion less [...]

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