Miss my @EAA webinar, Ultimate Aircraft Buyer Guide 2021?
Thanks to the @EAA and the @IACHQ for asking me to participate.
Here is a link to the online video, eaa.org/videos/6255038…
@Kitplanes @SunnFunFlyIn @TradeAPlane @GlobalAerospace @piperaircraft
If you are thinking you might buy an airplane, this may be a good time to get serious. Besides the fact that spring always seems to bring out more buyers it also seems like the market is “right” for buying an airplane. By “right” it appears that in today’s economy you can buy some airplane models and probably be able maintain their value or even make a few bucks over the next couple of years. I’m not saying buy new, but good used popular models.
Anyway, I have been involved in the aviation market for a number of years. I can remember when buying an aircraft (especially a Cessna 172 or Cherokee Archer etc.) was almost a guarantee to make money. Used airplane prices were always going up. Of course, there were years of high gas prices or high interest rates which had major impact on prices. And then the crash in the in the 2006 – 2007 area where prices went lower than 1995…
But, recently it looks good again. I was researching aircraft prices for a recent Cessna Owners and Piper Owners Magazines article where I was discussing how to value your aircraft. Personally, I like to use VREF as a pricing guide and included a recent graph in my story of the light single engine market prices. See the graph below.
Take a look at the 3rd quarter of 2016. The single engine market started an uphill run and doesn’t look like it will slow down. It looks like if the economy keeps up the momentum, maybe we can get back to the peak prices we had back in 2000 – 2001.
Of course don’t forget to get an insurance quote from SkySmith for the airplane you are thinking about buying! Click here to get a quote!
| News Release |
Media Contact
Jessica
Solis
+1.316.517.5124
jsolis@txtav.com
txtav.com
WICHITA, Kan. (Jan. 11, 2018) – Textron Aviation Inc., a Textron Inc. (NYSE:TXT) company, today announced enhanced flight deck capabilities for new production Cessna and Beechcraft piston platforms. The features include new standard and optional equipment as part of Garmin’s G1000 NXi next-generation integrated flight deck, which provides pilots with enhanced control and connectivity in the cockpit.
“Today, new and experienced pilots alike continue to rely on our renowned Cessna and Beechcraft pistons to experience the joy of flight firsthand,” said Christopher Crow, vice president, Piston Sales. “We’re thrilled to once again elevate the capabilities of these aircraft and connect the next generation of aviators with the latest technology and equipment needed to fly with added confidence, ease and control.”
New equipment includes the latest Garmin GMA 1360 audio panel with enhanced audio capabilities and Bluetooth audio link to pair portable electronic devices to the flight deck.
Other equipment includes the GFC 700 Autopilot with Enhanced Automatic Flight Control System (E-AFCS), now standard on 2019 production Cessna Skylane, Cessna Turbo Stationair HD, Beechcraft Bonanza G36 and Beechcraft Baron G58 pistons, and optional on the Cessna Skyhawk. With E-AFCS, pilots benefit from a lineup of automated features designed to help maintain an optimal flight envelope, while enhancing situational awareness. The added features include Electronic Stability and Protection (ESP) with auto-level functionality, Underspeed Protection (USP) and Coupled Go-Around.
Factory-new Baron G58 aircraft are also equipped with Garmin’s new GWX 75 Doppler weather radar, which provides pilots with onboard weather information, and allows operators to customize the weather picture on each individual display in the cockpit. When used with optional turbulence detection and ground suppression technology, the radar enables Baron pilots to more easily navigate around challenging weather.
Other optional features for all Cessna and Beechcraft pistons include Garmin GSR 56 Iridium satellite receiver, which provides near worldwide access to downlink weather services and allows pilots to make voice calls and send text messages. A subscription service is available through Garmin and can be customized based on need.
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About Textron Aviation Inc.
Textron Aviation Inc. is the leading general aviation authority and home to the Beechcraft, Cessna and Hawker brands, which account for more than half of all general aviation aircraft flying. The Textron Aviation brands represent unrivaled innovation, performance and leadership in the industry, and offer an unmatched value proposition rooted in the total ownership experience. Leveraging unparalleled speed-to-market, Textron Aviation provides the most versatile and comprehensive business and general aviation product portfolio in the world through five principal lines of business: business jets, general aviation and special mission turboprop aircraft, high performance piston aircraft, military trainer and defense aircraft and a complete global customer service organization. Textron Aviation has delivered more than 250,000 aircraft in over 143 countries. Its broad range of products include such best-selling aircraft as Citation business jets, King Air and Caravan turboprops and T-6 military trainer aircraft, all of which are backed by the industry’s most capable global service network. For more information, visit www.txtav.com
About Textron Inc.
Textron Inc. is a multi-industry company that leverages its global network of aircraft, defense, industrial and finance businesses to provide customers with innovative solutions and services. Textron is known around the world for its powerful brands such as Bell, Cessna, Beechcraft, Hawker, Jacobsen, Kautex, Lycoming, E-Z-GO, Textron Off Road, Arctic Cat, Textron Systems, and TRU Simulation + Training. For more information, visit: www.textron.com
Certain statements in this press release may project revenues or describe strategies, goals, outlook or other non-historical matters; these forward-looking statements speak only as of the date on which they are made, and we undertake no obligation to update them. These statements are subject to known and unknown risks, uncertainties, and other factors that may cause our actual results to differ materially from those expressed or implied by such forward-looking statements.