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.
