Newsletter 2nd Quarter 2025 (PDF)Newsletter 2nd Quarter 2025 (PDF) Wow—summer went fast. I love the good weather and “vacation mode,” but let’s be real: parenting through summer is a marathon. With the kids back in school and Labor Day approaching, it feels good to shift gears and get back to work. The markets certainly are ready; they have been slow, and while the summers are always a bit slower, they have not been this sluggish in some [...]
Newsletter 2nd Quarter 2025 (PDF) Welcome to Q2: A Market Off the Yellow Brick Road I’m excited to share the beta launched, all-new VREF Online with you. These aren’t minor changes; they are substantial. We didn’t just modernize our look; we revolutionized aircraft valuation delivery. VREF Online is faster, smarter, mobile-friendly, and more intuitive, and it’s designed for the real-world workflows of appraisers, brokers, buyers, sellers, lenders, and insurers. If you haven’t logged in yet, now’s the time. [...]
What a year it’s been for aviation, artificial intelligence (AI), and countless other advancements in technology and engineering. In fact, the global private jet market is projected to reach $35.5 billion by 2028, growing at a CAGR of 5.6% from 2021 to 2028. As airlines and manufacturers adapt to evolving consumer demands and sustainability goals, new models are emerging that prioritize efficiency and environmental responsibility. Also, advancements in air traffic management and safety protocols have enhanced operational reliability, [...]
As the President of VREF, standing at the helm of an organization that has navigated the skies of the aviation industry for three decades, I'm reminded of the wisdom of Amelia Earhart: “The most difficult thing is the decision to act, the rest is merely tenacity. The fears are paper tigers. You can do anything you decide to do. You can act to change and control your life; and the procedure, the process is its own reward. [...]
This year has been a flash in the pan, and it's hard to believe Thanksgiving is a week away. What a difference a year makes. To think it was all doom and gloom this time last year is almost hard to believe. While there are still many unknowns in terms of the global supply chain, inflation, interest rates, and the third pandemic winter, the one thing I can say for sure is general aviation is back. I remember [...]
The past three months have been interesting. Typically the 2nd quarter newsletter is focused on on-air shows and conferences. This year that is not the case. The world, as we know, came to a screaming halt in the first week of March. We have witnessed the entire commercial airline industry, travel and leisure sectors, restaurants, shopping malls, as well as tens of thousands of small businesses close. We have all been quarantined, literally watching the grass grow, [...]
It's the end of 2019, and this is our last newsletter of the year. Snow has fallen on the upper Midwest, and both winter and the holiday season is upon us. It is a time for reflection and giving thanks, and at VREF, we want to extend a thank you to all of our loyal clients. As you all know by now, the new platform is here. It has been a complex project from the start, and it [...]
VREF Value Vector Newsletter 3rdQuarter 2019 The summer is quickly coming to an end, and we are preparing for the rollout of our new VREF platform. By the time this newsletter has gone to print, many of you will have gotten a sneak peek, or even participated in our initial beta testing. What began a year ago as a complicated project is now heading into the completion of Phase 1. VREF's new platform will be the benchmark for [...]
It’s hard to comprehend we are half way through the year already. Time flies when you are having fun, or should we say passionate about your job. Its passion that drives VREF to be the best it can be every day. The staff at VREF (we are growing quicker than we can report, more on this subject later in the newsletter) eats and sleeps aviation. We are committed to the industry and more importantly we are committed [...]
Since 1994, Aviation professionals have relied on VREF to accurately report the aviation market and provide transparent, trusted and knowledgeable data to the industry; which is why VREF has more banks, insurance companies, operators/owners of aircraft and maintenance facilities relying on us to be the “what you know”, so you can worry about the who.
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