The current pre-owned aircraft market can be defined as consistent as inventory continues to inch down, month-after-month. Many people regard this consistency to be welcome news, considering where the market was a couple of years ago.
Maintained properly, upgraded to comply with changing regulations, modified with more capable avionics in the cockpit, repainted outside, refurbished inside, and sometimes even equipped with newer, more powerful, energy-efficient engines, a business aircraft can fly safely and effectively for 30 or 40 years or more.
After carefully analyzing your travel patterns, budget and a host of other factors, you’ve concluded that you need an aircraft. Now comes a decision that can be at least as tough: Should you buy a new or used model?
Some say that once you’ve tried business or private aviation you will never want to go back to the airlines. That may well be true, but this very special mode of transportation can still seem quite a strange and confusing choice, especially in parts of the world like here in the Middle East where, until fairly recently, it has been restricted to very small groups of top VVIPs.
Adam Aircraft is getting closer to the major milestone of FAA certification of the A700 very light jet and last month reported receiving its first Type Inspection Authorization (TIA) from the FAA. This TIA allows FAA pilots to fly the A700 for the flight tests needed for credit during the final stages of certification.