Business jets and turboprops have two separate and distinct lives: operational and financial. Your aging aircraft may be safe and airworthy, but the expense of complying with new regulatory mandates like ADS-B, coupled with escalating maintenance costs as total hours and cycles accumulate, eventually will price it out of operational existence.
That’s why it’s wise to plan for that contingency now, as Steve Fushelberger explains in our cover story, “Parting (Out) Is Such Sweet Sorrow.”
Part of that plan is knowing the current value of your aircraft, crucial for tax, depreciation, refinancing, and eventual disposition purposes. And that requires regular professional appraisals. In “We Value Our Customers,” Louis C. Seno tells you what makes an individual qualified to become an appraiser, and how you can find one.
Business Aviation Advisor's content is presented by experts in all aspects of aircraft management: professionals knowledgeable in operations, legal and regulatory issues, insurance, aircraft finance, human resources, aviation real estate, charter and charter brokers, safety management providers and auditors, and third-party as well as owner aircraft management. These authorities provide Business Aviation Advisor readers with the most current and pertinent information they need to make the most effective and informed decisions about their business aviation investments.
