Editor’s Note: FLYING’s Jonathan Welsh begins a twice-monthly series aimed at helping airplane shoppers become happy owners.
About 10 years ago, a pilot friend told me that owning my own aircraft, should I ever choose to take the plunge, would cost more than I ever expected. “Stunningly expensive,” he said. Of course, he was right, and his assessment did not include the often wild premiums that apply to most old airplanes in today’s booming market.
