Category Archives: sun and fun

Time to buy an airplane?

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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!

F-35A Lightning II Demo Team @Sun ‘n Fun

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For Immediate Release December 10, 2019

F-35A Lightning II Demo Team to Dominate the Skies at  2020 SUN ‘n FUN Aerospace Expo

The U. S. Air Force announced its 2020 schedule for the F-35A Lightning II Demo Team today at the International Council of Air Shows (ICAS) and the SUN ‘n FUN Aerospace Expo is honored to be its first east coast stop. Showing off its newest member, Air Combat Command and the 388th Fighter Wing will showcase the U.S. Air Force’s newest fifth-generation fighter that provides next-generation stealth, enhanced situational awareness, and reduced vulnerability through its aerodynamic performance and advanced integrated avionics. The F-35A Lightning II Demo Team’s performance is known to push the aircraft to its limits as they pull off the kind of aerial acrobatics that can give even the most casual observer a thrill.

The SUN ‘n FUN Aerospace Expo had previously announced participation from the U.S. Air Force Thunderbirds who epitomize the pride and precision of today’s Air Force. “Having both demonstration teams as part of our 2020 SUN ‘n FUN airshow lineup is a privilege” says Greg Gibson, CMO and Air Show Director for SUN ‘n FUN Fly-in. “Aviation enthusiasts know how special it is to have these teams at our event so come Experience Flight in 2020 and be prepared to be wow’d.”

“The mission of these demonstration teams compliments the overall objective of the SUN ‘n FUN Aerospace Expo which is the largest fundraising event for the Aerospace Center of Excellence (ACE)” says John “Lites” Leenhouts, CEO / President of the ACE. “The opportunity to connect with America at an event like ours and as a result inspire the next generation of aerospace professionals in whatever path they choose, is invaluable for our engagement with youth as well as the Air Force’s goal of recruitment”.

SUN ‘n FUN Aerospace Expo will be making additional announcements regarding its air show schedule in the near future. This year’s event is March 31st – April 5th, 2020 and tickets are available at www.FlySnF.org.

SUN ‘n FUN Announces New Corporate Structure 

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SUN ‘n FUN

ACE Takes the Lead as SUN ‘n FUN Flies into the Future 

FOR IMMEDIATE RELEASE

October 1st, 2019

LAKELAND, FL – The annual SUN ‘n FUN Fly-In has been an iconic mainstay in Lakeland, FL for over four decades, and in that time, millions have attended the annual gathering of aviation enthusiasts. The event is hallmarked by the arrival of thousands of aircraft to the Lakeland Linder International Airport, and the showcase of aerospace-related exhibits, flight demonstrations, military displays, forums and workshops and seminars. It is recognized as the second largest event of its kind in the world.

On October 1st, 2019, SUN ‘n FUN underwent a corporate transformation, placing it within the overarching governance of the Aerospace Center for Excellence (ACE), the 501(c)3 organization that has become a nationally recognized model for aerospace STEM learning.

“This restructuring of our organization places ACE in the right position as the leading entity,” said John Leenhouts, CEO of ACE. “SUN ‘n FUN will always be Spring Break for Pilots, and everything people know and love about it will remain unchanged. With the unprecedented influence ACE is having on engaging, educating, and accelerating the next generation of aerospace professionals, a reorganization was necessary. The Fly-In now is in the right position in our structure as the primary fundraiser for ACE, along with the myriad of other supporting activities held on the SUN ‘n FUN Expo Campus.”

“We took our existing Board from SUN ‘n FUN and redistributed that membership into two separate Boards according to their interest and influence,” explained Dr. Harley Richards, DDS., who will continue as Chairman of the SUN ‘n FUN Fly-In Board of Directors. “Having each Board specialize in the area it is responsible for helps make us more efficient. SUN ‘n FUN will continue as it always has, but now each Board can focus on specific tasks. It’s a very exciting time, and we thank the thousands of our volunteers who have made this possible.” Dr. Richards is an experienced pilot and owner of Florida Dental Implants and Oral Surgery in Lakeland.

In 2014, SUN ‘n FUN introduced ACE, unveiling the 14-building aerospace STEM facility located on the SUN ‘n FUN Expo Campus. Anchored by the Central Florida Aerospace Academy, a Polk County Public High School Career Academy, and Florida Air Museum, established as Florida’s official aviation museum in 2005, ACE boasts an impressive array of STEM learning environments. Aerospace-themed summer camps and student outreach programs are presented by ACE staff to over 40,000 students annually, and educator assistance programs provide STEM-based curriculum and lesson plans for teachers at all grade levels. Hands-on learning activities are available for all ages, and even include aircraft construction and maintenance programs. There is even a fully functioning Boeing 727 on the campus that serves as a unique learning laboratory. ACE provides annually over $2 million in education support, including pilot, maintainer, and college scholarships. Up to four pilot scholarships are awarded monthly, and ACE expects to announce its 100th private pilot completion under that program this fall.

Rick Garcia, President of Gulf Coast Avionics, is the Chairman of the Board for the new ACE organization. “The Aerospace Center for Excellence is now the primary company, and we have structured it using successful models of other education-based non-profit organizations in the U.S.”, he said. “We are now much better positioned to secure funding through grants and philanthropic programs than when we were only an event. This new structure has also allowed us to attract industry partners to participate on our Board to broaden our scope and influence.”

Garcia reported that the ACE Board now has a member from Southwest Airlines, and that other national aerospace industry partners are also being considered, including the Airplane Owners and Pilots Association (AOPA).

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About Aerospace Center for Excellence, Inc.:

The Aerospace Center for Excellence (ACE), a 501(c)(3) non-profit, has emerged as a nationally recognized leader in STEM-related and aerospace education through its various learning centers, outreach programs, summer camps and scholarships aimed at preparing students for tomorrow’s aerospace challenges. Located on the SUN ‘n FUN Expo Campus in Lakeland, Florida, the organization is known for its annual SUN ‘n FUN Aerospace Expo fundraising event as well as the Florida Air Museum, which is Florida’s Official Aviation Museum and Education Center. ACE is the world’s leader in producing licensed teenage private pilots and delivers youth programs that engage over 40,000 students a year. For more information, www.ACEedu.aero.

About SUN ‘n Fun Fly-In, Inc.: 

SUN ‘n FUN Fly-In is a 501 (c)(3) non-profit whose mission is to preserve and enhance the future of flight through world-class events, inspiring and educating people of all ages. Year-round events, including the SUN ‘n FUN Aerospace Expo, which is one of the world’s largest aviation events, raise funds for the Aerospace Center for Excellence (ACE). SUN ‘n FUN Fly-In annually raises over $2M for ACE, enabling the delivery of STEM-related and aerospace education programs. For more information, www.flysnf.org.