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Tag Archives: aviation

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 |

Canadian Snowbirds Return to AirVenture 2020

Posted on December 10, 2019 by Scott Smith

CANADIAN FORCES SNOWBIRDS RETURNING TO EAA AIRVENTURE OSHKOSH IN 2020

Canadian Snowbirds – Renowned military flight team marks 50 years of performances next summer

EAA AVIATION CENTER, OSHKOSH, Wisconsin — (December 10, 2019) — The Canadian Forces Snowbirds, one of the most popular military aerial demonstration teams in the world, announced EAA AirVenture Oshkosh is part of its 50th year performance schedule in 2020, making Oshkosh a stop for the second time in five years. The announcement was officially made at the International Council of Air Shows (ICAS) convention in Las Vegas.

EAA AirVenture Oshkosh, the 68th annual Experimental Aircraft Association fly-in convention known as the “World’s Greatest Aviation Celebration,” is July 20-26 at Wittman Regional Airport in Oshkosh, Wisconsin. The Snowbirds are currently scheduled to have a public practice session over the grounds on Friday, July 24, with full performances during the daily afternoon air show on Saturday and Sunday, July 25-26.

The Snowbirds, officially designated as 431 Air Demonstration Squadron, were created in 1971 and have a nearly 50-year connection to EAA, as they were the first military team to perform at Oshkosh when they flew over the EAA fly-in during the 1970s. They last appeared at AirVenture in 2016, which was their first performance there since 1983.

“There is an elegance in the Snowbirds’ aerial choreography that is matched by no other military demonstration group,” said Rick Larsen, EAA’s vice president of programs, publications, and marketing, who coordinates AirVenture features and attractions. “When they appeared at Oshkosh in 2016, the Snowbirds were warmly welcomed not only for their air show performances but for the way they interacted with our attendees, including some team members even camping with their jet on the show grounds. The Snowbirds’ return is just one more reason that EAA AirVenture 2020 will be an event to remember.”

The Snowbirds fly Canadair CT-114 Tutor jets in approximately 60 air shows each year. The nine aircraft used in the performances are piloted by experienced team members from the Royal Canadian Air Force. During the show, the pilots fly at speeds ranging from 110 to 465 mph (180 to 750 km/h) and in formation with distances as close as four feet of wing overlap. Comprised of exciting loops, rolls and solo passes as well as graceful nine-jet formations, the Snowbirds’ show includes more than 50 different formations and maneuvers over each 35-minute performance.

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.

 

Posted in aircraft, airplanes, airshow, airshows, Airventure, AOPA, Canadian, EAA, EAA Young Eagles, experimental aircraft, fighter pilots, flights, formation flying, formation team | Tags: aerobatic, aircraft, airplanes, airshows, Airventure, aviation, Canadian Snowbirds, EAA, formation flying, Sun N Fun, sunnfun |

FREE ADMISSION FOR AGES 18-AND-UNDER AT EAA AIRVENTURE OSHKOSH 2020

Posted on December 6, 2019 by Scott Smith

FREE ADMISSION FOR AGES 18-AND-UNDER AT EAA AIRVENTURE OSHKOSH 2020

FREE ADMISSION – Boeing support opens door for youth to attend World’s Greatest Aviation Celebration

EAA AVIATION CENTER, OSHKOSH, Wisconsin — (December 6, 2019) — Young people ages 18 and under will be admitted free to EAA AirVenture Oshkosh 2020, as a way to introduce more youth to the possibilities in the world of flight. The 68th annual Experimental Aircraft Association fly-in convention will be July 20-26 at Wittman Regional Airport.

The Boeing Company is financially supporting this effort for the next two years to encourage more aviation-minded families and their children to attend the event that brings more than 10,000 aircraft from around the world to Oshkosh each year.

“EAA’s mission is growing participation in aviation and in 2019, after EAA reduced admission costs for students, we saw an increased number of families coming to AirVenture,” said Jack J. Pelton, EAA’s CEO/chairman of the board. “Inspiring young people and giving them a first look at what’s possible in aviation is only achievable if they can get in the gate. This effort will build on the more than 60 years where AirVenture has earned a reputation as a wonderful family event. We’re incredibly appreciative of Boeing’s support and like EAA, Boeing is committed to inspiring the next generation of aeronautical innovators. Because of Boeing’s belief in our mission, we can invite youth from around the world to experience AirVenture at no cost.”

The free youth admission is available throughout AirVenture week. Along with Boeing’s financial support, a small fee on AirVenture advanced purchase adult admissions and value-added opportunities such as the Aviators Club will support this free admission opportunity for young people.

“At Boeing, we aim to inspire and prepare the next generation of innovators, and EAA AirVenture provides a unique opportunity to encourage the natural curiosity of young people,” said William Ampofo, vice president, Business Aviation, General Aviation & OEM Services, Boeing Global Services. “We are proud to provide an opportunity for thousands of youth to experience this world-class event, and be inspired to use their talents, creativity and vision for the future of aviation.”

Longstanding youth activities and programs at AirVenture include such popular offerings as the hands-on KidVenture display and program area; technology, innovation, and education options at Aviation Gateway Park; and extraordinary events such as daily air shows and more than 1,500 forums, workshops, and seminars.

Complete admission pricing and advance online purchase is currently available at EAA.org/AirVenture.

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.

Posted in aircraft, aircraft ownership, aircraft sales, airplanes, airports, airshow, airshows, Airventure, Uncategorized | Tags: aircraft, airplanes, airports, airshows, Airventure, aviation, EAA, experimental aircraft, FAA |
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