Insurance

Airplanes are packed with complex equipment that is bound to have problems occasionally.

A repositioning flight becomes a reality check for a new aircraft owner.

In August, the company reported to its investors in a 6-month update that it was writing down the book value of 17 aircraft stuck in Russia as a loss valued at $804 million.

In fact, piston aircraft hull values have increased more than both turboprops (+29 percent) and business jets (+24 percent). Many pilots are aware that hull values have been increasing, but aren’t aware it’s at an unprecedented rate. This trend leaves many owners asking, “Do I have financial exposure in the event of an accident or […]

In certain ways, buying an aircraft can seem like a marriage.

Knowledgeable groups known as type clubs can provide a plethora of information about specific types of aircraft.

The aircraft lease company said it is pursuing insurance claims to cover the losses, which it says amounts to 3.4 percent of its fleet, according to an SEC filing.

One expert says the result of Russian President Putin’s actions could be ‘thoroughly devastating’ to aviation.

Flight restrictions put leasing companies outside Russia in a difficult position.

Flying has rarely been cheap, especially for individuals operating personal aircraft. However, taking to the sky as pilot in command is such a singular experience that most recreational aviators have no difficulty justifying the expense. Indeed, it seems that the more hours we log, the less we may feel obligated to justify it at all. […]