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Category Archives: aircraft insurance

SkySmith Seminars Online!

Posted on April 30, 2020 by Scott Smith

SkySmith Seminars Online!

The SUN ‘n FUN Home Edition 2020 is hosting one of  Scott SkySmith Seminars online.  SkySmith’s seminars were provided to SUN ‘n FUN by the Cessna Owners and Piper Owners groups (part of JP Media).

“The SUN ‘n FUN Home Edition 2020 is all the parts of the annual Aerospace Expo that attendees have come to know and love and a whole lot more”, says Greg Gibson, Chief Marketing Officer and Airshow Director. “The SUN ‘n FUN Home Edition is an overall experience that can be accessed via a web portal at FLYSnF.org right from our home page. Once you click into the Home Edition, you’ll have access to tons of online content including some things that you have never seen before!”

For access to the Cessna and Piper Owners SkySmith’s seminar click here.

 

Posted in aircraft, aircraft insurance, aircraft ownership, airplanes, airports, airshow, airshows, Airventure, Aviation, aviation market, aviation theme, aviation week, Cessna, EAA, pilots, Piper, SUN ‘n FUN, sun and fun, sun n fun | Tags: aircraft, airplanes, airports, airshows, Airventure, Cessna, EAA, experimental aircraft, Sun N Fun, sunnfun |

Coronavirus and Flying

Posted on March 16, 2020 by Scott Smith

Coronavirus and flying your own aircraft.

Coronavirus and flying.  If you haven’t heard, Coronavirus is causing a few issues with aviation events, like Sun ‘n Fun (go to their website to get the details), which have been postponed or cancelled.

And of course, there are non-aviation events around the world that are being closed, postponed or cancelled.  It appears that traveling on airlines and crowds are two of the big issues.  Most of the “news” right now is about Coronavirus and flying on the airlines. The risks associated with large terminals with hundreds or thousands of people in close proximity.

While that is a problem for the majority of the public, there is more to aviation than just the airlines. Which brings up how important personal aviation is now! General aviation is a great way to fill in the gaps of travel.

Sure, we all need to practice safe behaviors and “social distancing” to protect ourselves and others.  Which is why flying your own aircraft is a way to actually keep you away from the crowds. For example, you only fly with known passengers and crew instead of people you have never met. It really gives a pilot a lot more control in this situation.

Just think, no more long security lines, mingling with hundreds or even thousands of other people, waiting to get on a commercial flight.

Remember, small local airports have fewer people and easier access.  Think about it, you can usually go through the gate to your airplane and fly out without much, if any, personal contact.  Yes, walking through the FBO there may be people, but its a lot fewer than at the commercial terminals.

Even in a time when the rest of the media would have us stay isolated and locked inside our homes, maybe it wouldn’t hurt to sneak out to the airport, stay away from crowds and go fly around the pattern, maybe make a few landings, just to relax and clear your head. Oh and don’t forget to wash your hands.

coronavirus and flying

Posted in aircraft, aircraft insurance, aircraft ownership, airshows, Airventure, AMA, Aviation, aviation insurance, aviation market, aviation week, Cessna, EAA, FAA, SUN ‘n FUN, sun and fun, sun n fun, Twitter |

Time to buy an airplane?

Posted on February 25, 2020 by Scott Smith

Buy an airplane?

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.

buy an airplane

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!

Posted in aircraft, aircraft finance, aircraft insurance, aircraft ownership, airplanes, airshows, Aviation, aviation market, SUN ‘n FUN, sun and fun, sun n fun, Trade a plane, Uncategorized | Tags: aircraft, airplanes, airshows, aviation, aviation insurance, barnstormers, Cessna, EAA, experimental aircraft, homebuilt, kitplanes, Piper, Sun N Fun, Textron, trade a plane, Vref |
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