While aircraft hangars are essential for proper storage and care, finding one available, let alone in good condition, is often a challenge – especially with the nationwide shortages. Get all your questions answered on how to find an aircraft hangar in 2021. Have you recently acquired a new aircraft? Are you looking for accurate value information on a specific aircraft? Sign up for VREF online for all the valuation data you need. Do I Need A Hangar & [...]
Have you ever envisioned yourself living in one of the many distinguished fly-in communities located across the United States? Maybe you’ve had dreams of owning your aircraft and having easy access to an airport nearby. You aren’t the only one! Fly-in communities exist to make it easier for aircraft owners to own a home with aircraft accessibility built right in. However, many owners/operators have either never heard of fly-in communities or wouldn’t know where to start when residing [...]
Experts think the business jet industry will grow from $25.87 billion in 2021 to $36.94 billion by 2028. This surely means more innovative jets are to come, but it could also increase sales for popular standbys like the Gulfstream GIV. If you’re familiar with the Gulfstream GIV, then you know why this aircraft is so sought-after. It’s the perfect aircraft for international and domestic business travel. With 664 aircraft remaining in operation and over 900 initially manufactured from [...]
What does a jet fuel shortage have to do with our day-to-day lives and the pandemic? Truthfully, a whole lot. It’s no secret that the effects of the pandemic on our global supply chain are ongoing. It's been detrimental to so many aspects of our consumer-driven world and impacts far more than you might realize. However, you may not know that there’s much more to the fuel shortage for the aviation industry than one may think. In addition [...]
By now, every consumer, including the current aviation market, is still feeling the impacts of COVID. This is appearing heavily on the supply chain side in one form or another. Some economists suggest that Americans are spending all their saved money from the lockdown. And it's all being spent on the higher costs of goods. But several issues play a role in the current "traffic jam" we are all experiencing. Whether you're in the market for a new [...]
Cessna 150 Cessna - Textron Aviation Introduced to the market in 1959, the single-engine piston Cessna 150 was and remains an efficient, affordable, and reliable civilian aircraft model. Manufactured in Wichita, Kansas, the Cessna 150 is one of the most popular aircraft ever produced. The tricycle-gear aircraft was originally available in four different versions: Standard, Trainer, Commuter, and Patroller. While the Patroller was often used to inspect pipelines, the cockpit appointments were the main differences between the Standard [...]
Beechcraft® Bonanza Beechcraft® By Textron Aviation The Beechcraft® Bonanza is an American aircraft that was first introduced to the market in 1947. The Bonanza is a six-seater, single-engine aircraft known for being the most produced aircraft in history. Influenced in design by the end of World War II, the Beechcraft Bonanza took on a new look compared to its older counterparts by featuring a retractable landing gear and signature V-tail. However, its earlier predecessors were introduced with conventional [...]
It’s true. The aircraft market environment is in flux due to supply parts and manufacturing delays. However, people are itching to know which single-engine piston aircraft are in the most demand and why. Owning your own aircraft offers a number of benefits you can’t get from being a passenger in an airport without one. Aircraft ownership is a luxury. And it’s now becoming harder to come by with changes in the industry, fewer supplies available, and not enough [...]
Are you considering the use of an appraiser for your potential aircraft purchase? Or maybe you require a current fair market value of your aircraft for insurance or estate planning purposes. First, let’s start with one shocking fact. When it comes to personal property, almost anyone can call themselves an appraiser. And this is because there is no license to obtain, nor is one required for personal property appraisers in the U.S. There is also no such thing [...]
Getting a loan for an aircraft of your choice can be an endeavor; however, financing is an available option (of course, depending on a few factors). You might first assume that obtaining a loan for aircraft is a similar process to buying a car. In reality, funding your plane through a lender follows more closely with buying a home. The time frame is longer. Lenders offer different rates depending on your net worth, credit history, and aircraft model. [...]