By Ken Dufour, ASA, MAM, ATP, CFI and Jason Zilberbrand, ASA, CAA, ISA AM, AOA AM, MRAeS Experimental amateur-built aircraft, often called “homebuilts” because they are typically built in people’s garages and basements, are the fastest-growing new aircraft segment in the United States. Amateur built aircraft are built by individuals and certified by the Federal Aviation Administration (FAA) as “experimental amateur-built” (E-AB). Advantages You get to build it Succeeding on a big project gives you a huge [...]

Have you ever wondered what an appraiser is looking at to determine value? This article will provide you some insight into what an appraiser is thinking and what information is critical to assessing the value of an aircraft and why! Appraising and learning how to appraise is an exciting topic and one that I get asked about often. Some people are intrigued by appraising and want to know what it takes to become one, and others want [...]

The corporate aviation industry generates $150 billion every year. The pandemic-based travel caused financial chaos to every airliner globally, but unlike previous recessions, the private plane is no longer frowned upon by the general public. Private jets swooped in to save the day, providing a safer way to travel. There are few, if any, ways to protect yourself from the virus once you arrive at a commercial airport. You will be subjected to checking your baggage, standing [...]

Private aircraft are one of the most expensive assets available to most consumers, with new private jets costing in the $3 million to $90 million range. If you are considering a purchase, then you might have already guessed - pulling the trigger on a private jet purchase is an overwhelming and often confusing experience. Buying a private plane, whether its a twin-engine Cessna or a custom Bombardier Global 6000, is complex, and the purchase process is as [...]

Less than half of business executives in a recent survey expect the global growth rate to increase over the next six months. The current global economic downturn has caused many executives to take a cautious approach to their business. They're looking for ways to cut expenses and just stay the course. However, periods of slow economic activity hold opportunities if you know where to look. Now is a good time to buy a business jet. A buyers' [...]