Now Available: Winter 2019 Aircraft Market Reports
January 24, 2019
2018 was an unusually active year. With the Tax Cuts and Jobs Act being signed into law in December 2017, a greater number of optimistic and tax-motivated buyers entered the market and kept the markets strong throughout 2018. In fact, most of the aircraft models discussed in our Winter 2019 Aircraft Market Reports strong activity throughout 2018. With lower-than-average inventory levels for pre-owned aircraft in early 2019, we are still seeing a lot of buyer activity. Many of the sellers from the later months of 2018 are now looking for an aircraft to replace the one they sold. Historical trends indicate that we can expect buyer activity to increase as we head into spring and summer months, making it a good time to consider selling.
Continued Growth and Expansion
January 10, 2019
Availability for flight lessons continues to expand as our team sees more growth. We’re happy to highlight four new flight-training-focused employees: three flight instructors and one support staff member. Along with the steady addition of employees, we’re also looking forward to having expanded office space upon the upcoming completion of our new building in the next few months. Construction is moving ahead during the winter months, and the metal frame is now partially in place. Progress can be seen week by week. We’re excited to have a fresh new home for all of our new instructors and aircraft fleet, as well as improved study and testing space for our customers.
Give the Gift of Flight
November 28, 2018
Looking for the perfect gift for that wannabe pilot? Or maybe you know someone who is actively working on their flight training at Performance Aircraft? Performance Aircraft’s Gift Certificates make excellent gifts!
There are several discovery flight options to choose from, including how long your flight will last and the type of aircraft you will experience. We also offer gift certificates in any dollar amount to help your loved one progress in their flight training. Gift certificates can be used towards flight instruction and aircraft rental as well as anything in our Pilot Shop.
Year-End Buying and Selling Season
November 16, 2018
We often talk to aircraft owners who are surprised that the 4th Quarter is typically the most active time of year for aircraft transactions. 2018 has already been a record year, and we expect year-end to be uncommonly strong.
Buyers start getting more serious…
As year-end starts to loom, potential buyers usually become more serious about making a purchase decision, with the hopes of accepting delivery of their aircraft on or before December 31. Many of the potential buyers at any given time also have their own aircraft to sell, so the markets will fill up quickly and aircraft will be bought and sold at a faster pace than other times of the year.
Time to buy or sell?
If you have a plane to buy or sell, NOW is the time to start the process and take full advantage of a stronger market. If you are thinking of selling this year, it’s important to get your aircraft onto the market quickly with a strong presentation that will attract motivated buyers and set your aircraft apart from all the others on the market.
Be Prepared for Night Flying
November 02, 2018
As Daylight Savings Time begins and more flights occur after sunset, being prepared for flying at night is crucial. Spectacular views, cooler (calmer) air, and less traffic make flying at night a delightful experience for many pilots and their passengers. In fact, many pilots prefer flying at night because the experience is so enjoyable. Whether or not you plan to do a fair amount of night flying this year, it’s a smart move to make sure you’re ready. Not every flight plays out the way you originally intended, and even minor delays due to weather or a meeting that ran long can mean a return trip that unexpectedly involves flying at dusk or beyond.
Performance Aircraft Announces Construction of New Facility at KLNK
September 18, 2018
Performance Aircraft announced today that it will soon break ground on a new facility that will house its Flight Training Center and Aircraft Sales team. Conveniently located next to the General Aviation ramp on West Kearney Ave., the new facility will include roughly 6,000 square feet of office space and a large aircraft hangar. “We are so pleased to announce that we will be starting construction on this new facility,” stated company Founder/President Bill Heckathorn. “We have been growing significantly over the past few years, and we have plans for even more aggressive growth in the next few years. This new facility will be the perfect space for our company to expand and serve customers.”
Section 179 Updates and Aircraft Ownership in 2018
September 10, 2018
Thanks to favorable tax laws including Section 179, aircraft ownership may cost less than you think. The Section 179 Tax Deduction is meant to help business owners purchase the equipment they need to stay competitive and prosperous. In January 2018, the Tax Cuts and Jobs Act increased the Section 179 maximum deduction from $500,000 to
Performance Aircraft Adding Matching Skyhawk Fleet and Multi-Engine Aircraft
September 07, 2018
Just months after adding a brand new 2018 Cirrus SR20 G6 to our aircraft rental fleet, Performance Aircraft has acquired a fleet of multiple identical Cessna 172 Skyhawks and a Piper Seminole. The matching, interchangeable Skyhawks and multi-engine aircraft will drastically increase availability and flexibility for students. Adding the Piper Seminole to our fleet will allow Performance Aircraft to provide customers with valuable multi-engine experience and offer training programs for Multi Engine Commercial and Multi-Engine Intstructor ratings.
Pilot Career Training: What You Need to Know
August 31, 2018
While the minimum requirements for pilot career training are the same for everyone, there is a large variance in the associated training programs and costs. Let’s look at the minimum pilot career training requirements, program options, and costs.
Buyer Beware: A Costly Trend in Aircraft Purchase Agreements
July 23, 2018
Believe it or not, some aircraft dealers add language contractually requiring you to provide them a First Right of Refusal on any purchase offers if you decide to sell the aircraft down the road. Since this language is tucked into your purchase agreement (at a time when most buyers aren’t thinking about selling), it’s easy to overlook.