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Category Archives: aircraft insurance

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 |

Opener BlackFly personal aircraft

Posted on December 17, 2019 by Scott Smith

OPENER NAMED PRESENTING SPONSOR OF EAA AIRVENTURE OSHKOSH 2020 INNOVATION SHOWCASE

EAA AVIATION CENTER, OSHKOSH, Wisconsin — (December 16, 2019) — Opener, the company that designs and builds the all-electric BlackFly personal aircraft, has been named the presenting sponsor of the Innovation Showcase at EAA AirVenture Oshkosh 2020. The 68th annual Experimental Aircraft Association fly-in convention is July 20-26 at Wittman Regional Airport in Oshkosh, Wisconsin, and annually draws 600,000 people and 10,000 aircraft.

The Innovation Showcase at EAA AirVenture is focused on research and development in the aviation and aerospace industries. It welcomes cutting-edge companies that seek to bring their new products to the public and the aviation marketplace.
“Opener has an unparalleled leadership position in new technology driving personal flight,” said Dave Chaimson, EAA’s vice president of business development and membership. “They have been a part of the Innovation Showcase at EAA AirVenture Oshkosh for the past two years and have been a prime example of the innovative aviation technology we’ve been introducing at AirVenture. Having them as the presenting sponsor of this area will bring even more companies to Oshkosh who are interested in highlighting the newest and best in aviation.”

Opener spent the last 10 years in stealth mode, designing, developing, and testing new innovative technologies, which have now evolved into an all-electric, vertical takeoff-and-landing vehicle, BlackFly. Opener made its public debut in July 2018, shortly before displaying BlackFly at Oshkosh that year. A BlackFly v2 is now on display in the EAA Aviation Museum in Oshkosh.
“EAA AirVenture has always been synonymous with what’s new and game-changing in aviation,” said Ben Diachun, Opener’s president. “Seeing how attendees at Oshkosh welcome and encourage new ideas in all areas of flight convinced us that we needed to help foster it even further by sponsoring EAA’s Innovation Showcase.”
Only 20 exhibitors are selected from all applicants to be included in the Innovation Showcase. Any aviation-related product or service that demonstrates unique, forward-looking technology is invited to apply for complimentary exhibit space in that area. In 2019, nearly 75 companies applied for this area at Oshkosh. Applications for 2020 are currently being accepted through April 1, 2020, through the EAA.org/Innovation website.

About EAA AirVenture Oshkosh
EAA AirVenture Oshkosh is “The World’s Greatest Aviation Celebration” and EAA’s yearly membership convention. Additional EAA AirVenture information, including advance ticket and camping purchase, is available online at www.eaa.org/airventure. EAA members receive lowest prices on admission rates. For more information on EAA and its programs, call 1-800-JOIN-EAA (1-800-564-6322) or visit www.eaa.org. Immediate news is available at www.twitter.com/EAA.

Opener

Posted in aircraft, aircraft insurance, airplanes, airshow, airshows, Airventure, Drone, drone insurance, drones | Tags: aircraft, airplanes, airshows, Airventure, AMATEUR-BUILT AIRCRAFT, drone insurance, drones, EAA, experimental aircraft, FAA, Sun N Fun, sunnfun |
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