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29 02, 2024

MARKET TREND REPORT — 1st QTR 2024 — Navigating New Horizons: VREF’s Pioneering Vision in a Transformative Aviation Market

By |2024-02-29T23:11:46-06:00February 29th, 2024|Market Trend Report Newsletter|

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. [...]

16 02, 2024

3 Potential Legal Issues For Pre-Owned Aircraft Owners

By |2024-02-16T12:46:34-06:00February 16th, 2024|Educational|

Private jet ownership can seemingly transcend you into another world with beautiful 40,000-foot views. However, there are potential legal issues for pre-owned aircraft that you should know about before you buy. If you’re like other pilots and aviation enthusiasts, you’ve likely dreamed of owning one or multiple private aircraft. If you’re a long-time aircraft owner, going over these potential legal issues is hopefully a simple refresher for information you already know. As mentioned, private jet ownership can be [...]

16 02, 2024

How All 4 Elements Can Decrease An Aircraft’s Value

By |2024-02-16T12:43:52-06:00February 16th, 2024|Educational|

Before you shop around for an airplane or jet, you need to know how all 4 elements decrease aircraft value. It’s been said before that an aircraft deal that looks way too good to be true likely is, so it’s critical to do your research before making any quick decisions – especially in a hot market. You should have an aircraft that has even the smallest amount of damage due to earth, air, fire, or water appraised by [...]

16 02, 2024

Cessna Caravan 208

By |2024-02-16T12:38:52-06:00February 16th, 2024|Educational|

Cessna By Textron Aviation After Clyde V. Cessna attended an aircraft show in 1911, he became inspired to build aircraft. He built his first aircraft with a kit from Queens Airplane Company in the Bronx. With previous experience as a mechanic and car salesman, he became a fairly proficient pilot with practice. In 1916, Clyde gained access to a rent-free space with one condition – the new aircraft must be named after a particular car model called “Jones-Six". [...]

16 02, 2024

Beechcraft Sierra 24R A-C

By |2024-02-16T12:03:19-06:00February 16th, 2024|Educational|

Beechcraft Aircraft Founded in in Wichita, Kansas in 1932, the Beech Aircraft Corporation fired up during the Great Depression and right before World War II began. Founder and President, Walter Beech, led until he passed unexpectedly in 1950. It was then up to his wife Olive Ann Beech to transform from the company’s secretary and treasurer to President. Olive remained President of Beechcraft for 18 years, officially retiring in 1982. The Model 17 Staggerwing in its earlier years [...]

8 01, 2024

Expected Aircraft Deliveries & Related Updates In 2024

By |2024-01-08T12:14:20-06:00January 8th, 2024|Educational|

Anticipating expected aircraft deliveries in 2024? You’re not the only one. According to Honeywell’s Global Business Aviation Outlook, about 8,500 new business jets are expected to be delivered from 2024 to 2033. And, in case you were wondering, the cost of those jets totals close to $278 billion. Learn more about what’s expected to hit the aviation market in 2024. Contact us today for aviation appraisals. 5 Fast Facts About Aviation In 2024 Why are aircraft manufacturers rushing [...]

8 01, 2024

What To Know About Buying A Jet With Damage History

By |2024-01-08T11:13:05-06:00January 8th, 2024|Educational|

Are you in the market for a jet? As you’re evaluating different aircraft, you may see that many have them have some sort of damage history. And the reality is…Many of the aircraft listed on the market will have those records. Any aircraft without damage history will be sold quickly and most likely, off-market. So how do you avoid buying a jet with damage history? You don’t necessarily. Instead, you need to know that in a hot market, [...]

5 01, 2024

Piper Comanche PA-24-26

By |2024-01-05T10:54:20-06:00January 5th, 2024|Educational|

Piper Aircraft Piper Aircraft began fine-tuning a more aerodynamic aircraft design in the early 1920s. Made popular by the Spirit of St. Louis, their initial monoplane with less drag made the first successful non-stop transatlantic flight. After seeing it capable of flying from New York to Paris across the Atlantic, everyone wanted to try its design and copy its success. Gordon and C. Gilbert Taylor teamed up to create their own version under Taylor Brothers Aircraft Company. However, [...]

5 01, 2024

Aviat Husky A-1

By |2024-01-05T10:28:26-06:00January 5th, 2024|Educational|

Aviat Aircraft Reuel, Ivan, and Spencer Call began working in 1939 on an aircraft made for farmers, ranchers, and hunters to have easier access to the land around them. This aircraft was to be small and designed to maneuver the mostly flat but rugged Intermountain Rockies around them. However, because of essential war efforts taking place, the materials to bring their first aircraft to life proved to be challenging. After the war, the team produced a low-wing taildragger, [...]

14 11, 2023

Why Pre-Owned Aircraft Are So Sought After

By |2023-11-14T10:08:51-06:00November 14th, 2023|Educational|

If you’re like many others plugged into the aircraft community, you may be wondering why pre-owned aircraft are so sought after lately. There isn’t a singular reason why the aircraft industry is so hot. However, among a few reasons, it includes huge aircraft manufacturer announcements, trends in businesses, ongoing industry struggles, and beyond. Continue reading for guidance through why pre-owned aircraft are so sought after and similar relevant updates. Need an aircraft appraisal? Contact us today. What’s Going [...]

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