It's the stuff of dreams, a jet-set life flying around in your private plane. So what's it like? Well, fasten your seatbelts because we're about to give you the lowdown on a luxury lifestyle most of us can't afford. We're going to go behind the scenes for a peek into the realm of small private jets. Here are ten facts you may not know about in what can sometimes feel like another world. Doors to automatic. We're ready for [...]
It's now hard to imagine a world without planes. In 2018, the world hit a peak of over 200,000 commercial flights in a single day. And that's to say nothing of private flights. Aviation technology has changed the world, and we have the humble piston to thank for most of its history. Below, we're taking a look at how the piston plane engine changed the skies forever. The Rise of the Piston The first piston engines came into [...]
If you're wondering how much a new car is, you can drive by a local dealership and look at the big numbers on their cars' windshields to find the answer. Or, even more efficiently, you can hop on one of the famous car appraisal sites designed to answer just this question for you. If your question is "how much is a helicopter?", the options for finding a trusted resource are more limited. If you're in the market for a personal [...]
The gorgeous Gulfstream G650 is, put simply, not a small-fry jet. Even pre-owned G650s regularly sell for northwards of $50 million, whilst a new one will set you back $60 million at least. Gulfstream jets are icons are luxury living and the G650 is one of the most stylish and fine-tuned products on offer. The initial 3-year waiting list that accompanied the launch of this gulf-stream jet a few years back has died down somewhat, but demand is [...]
A twin engine plane can be the biggest investment of a person's life. And most twin engine jets soar well over $3 million apiece. In addition to the price tag, an extra engine comes with added responsibilities. But there's no need to panic. We've locked in the most important things to consider when buying a twin engine plane. Before hitting the skies, make sure to run through this twin engine airplane checklist. Why Pilots Pick a Twin Engine [...]
Proposed AD for all Piper PA-28 Series aircraft and the PA-32 (AD 2018-CE-049-AD) which either: 1. Has accumulated 5,000 or more hours; 2. Has had either main wing spar replaced with a serviceable part (used with time already on the part); or 3. Has missing and/or incomplete maintenance records. The FAA estimates that this AD will affect 19,696 aircraft on the U.S. Register. VREF and our Partner AOPA has spent significant time researching this AD. This AD is [...]
Airplane Buyers Guide: Top 20 Tips For Beginners In this airplane buyers guide, you will learn the top 20 tips that you need to know before you purchase your first plane. Buying an airplane for the first time? Not a lot of people can say that, so congratulations. Before you get the keys and take off, you're going to need to make sure you know what to look for. Many of the pitfalls of buying an airplane can [...]
Three of the Best Private Jets According to Resale Value Resale value matters whether you're buying or looking at aftermarket refurbs. Here are three of the best private jets that perform on the resale market. In the year 2017, 62 percent of private jet planes departed from the United States were privately owned. That's versus the 11 percent that were fractionally owned, and the 27 percent that were charter flights. Needless to say, private jets are a big deal. [...]
A Brief Guide to Aircraft Depreciation Don't miss out on tax deductions from depreciation. Get on your way to understanding aircraft depreciation and its tax implications. To deduct or not to deduct? That is the $1 million question. As an aircraft owner, you want to take full advantage of any tax breaks you can find. And this means you need to understand depreciation and how it works for an aircraft. Depreciation allows business owners to deduct the cost of [...]
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