Rich you have the best radio style- none of the super fast over stylized radio voice stuff, just solid human sounding communication. Great to learn from. Love the content.
@FlyingwithRich11 ай бұрын
Thank you!
@CaptMoo10 ай бұрын
That prop vortex view was awesome at Min 1:55 Great info. Thanks.
@brianteer11 ай бұрын
Hi Rich, I’m a recently certificated private pilot. I bought a 182s a few months ago and I’m really enjoying my time in it. I really enjoy your channel and the practical yet professional nature of your videos. Keep ‘em’ coming!
@FlyingwithRich11 ай бұрын
Thank you and congrats on the license!
@FlyingwithChad11 ай бұрын
Great video Rich!!! I think you’re spot on, I think prices on used airplanes that are well taken care of with no damage history will continue to go up.
@PaulBrothers-i8j11 ай бұрын
Check out the prop vortices at 1:55. That's super cool.
@FlyingwithRich11 ай бұрын
Been waiting for someone to see it. It’s on the thumbnail too!
@cuda61211 ай бұрын
Super cool shot, I have it saved to show students!
@FlyingwithRich11 ай бұрын
@cuda612 Nice - great idea…thanks for watching!
@najicookeАй бұрын
That was amazing 👀😁
@robertd446811 ай бұрын
I’m aware of the accident you’re referring to. She had a KZbin channel and I’ve seen one of her videos where she’s having a hard time with the AP. Sadly both her and her father perished in that accident. I struggle to understand why she just didn’t shut the AP off and hand fly the airplane. I’m not going to Monday morning quarterback it . All I can say is that every time we loose on of ours the tragedy affects us all and we are forever reminded to take nothing for granted.
@dynmicpara10 ай бұрын
Recovery Parachutes on all possible planes or BAN non-essential GA. ENOUGH.
@mrkc1011 ай бұрын
Good stuff Rich. Your opinion definitely carries some weight as you’ve been in GA for a long time so if anyone has their finger on the pulse it’s you. Love the Bonanza.
@FlyingwithRich11 ай бұрын
Thanks - “educated guesses” I think the best way to view what I’m saying. Always love the Bonanzas!
@darrens.432210 ай бұрын
Good presentation, production and information! Thank you. To those in comments that complained about the audio quality, MIC, ATC, I honestly am having no problems with this video/audio. I am using fairly high quality dual Bluetooth earbuds, and have low background noise from a tv, and frankly can hear Rich with no issues, and concentrate with what he is saying. I might say the best way to solve the difficulty of some viewers, was a lower ATC chatter volume.
@FlyingwithRich10 ай бұрын
Thanks. I should have turned radio down. It was a busy day as well. Always a struggle with talking an ATC.
@RonVF11 ай бұрын
Thanks for the 2024 insights. Valued, appreciated and I agree. I think some of those commenting are missing what you said. It is all about the quality of the equipment being sold. There is a lot of junk for sale and the prices of old out dated or timed out aircraft, I think will decline if they even sell at all. For those low time, clean, no accident history and modern avionics aircraft, I think they will do well, hold value and maybe even increase. Just my opinion of course. 😉
@AILofiGuy-beats11 ай бұрын
will mosaic change the dynamic - faster, better LSA that are properly built?
@mattd461611 ай бұрын
Cheers Rich and greetings from Australia
@FlyingwithRich11 ай бұрын
Cheers!
@richardfrey37167 ай бұрын
I'm sure your Predictions are pretty accurate.....Your in a unique position buying and selling A/C, all over the U.S. and foreign Countries (as well as accurately predict our future based on the inflow of New and used Equipment in all price ranges....Your Company is known for offering high quality A/C !!!!!
@tinstarshootingrange668 ай бұрын
Great as alway 🎉
@cl65captain11 ай бұрын
Long run, prices will continue to decline as older pilots medical out and younger generation pilots are getting their licenses for the airline fast track and not for GA.
@tstanley0111 ай бұрын
I have logged about 1300 dual given over the past 3 years, and I would say that prospective commercial vs GA guys was about 50-50...youtubers have actually brought a lot of people into the market...problem is that they have normal jobs and have no idea what it costs to actually keep flying and stay proficient...
@FlyingwithRich11 ай бұрын
There is always has been and always will pilots who pursuing airlines not GA which is the majority. The limiting factor for pilot buying aircraft is barriers to entry (required training and aircraft prices). If you are suggesting prices will decline due to too many airplanes for too few buyers, I disagree, but we will see - thanks for watching!
@cfdfirefighter11 ай бұрын
I am working towards airlines to be able to pay for a GA plane.
@Spyke-lz2hl11 ай бұрын
Nah, supply will continue to decline, so even if there are less pilots, the dwindling demand will keep prices up. Also, what do you think those airline track people dream of having when they get the money? Planes, cars, boats, etc. just because they’re on the “airline track”, doesn’t mean they’re not involved, or going to be involved in ga.
@dand244010 ай бұрын
@@Spyke-lz2hl a big reason Airline pilots dont stay involved in GA are the inherent risks to their career flying in GA If I was an airline pilot I would probably limit my GA exposure. Imagine having a minor issue in your GA plane as an airline pilot and having that now on your record.
@WhatWereUThinkin11 ай бұрын
Great video as always Rich! Where is the RV8 video? I see the short clips of it but can't seem to find it. Curious of your thoughts on it!
@FlyingwithRich11 ай бұрын
Didn't end up having the time to do the RV8 video, but I flew it cross country and did some acro in it and I loved it!
@mikercflyer738311 ай бұрын
I hope that in 2024 the accident rate will drop there are still to many GA aviation accidents, the Tennessee fly girl was a sad tragedy. BTW the first half or so the ATC was really loud the rest was normal and easy to hear you. Safe travels.
@FlyingwithRich11 ай бұрын
Thanks for the feedback.
@capfrankyv11 ай бұрын
What price is fluctuating for a C402c, C310IIR and C500, thank you
@bwnco9 ай бұрын
Good Vid. General Aviation has priced it self completely into almost extinction. IN 70s middle class folks good fly an even own. Now its nothing but for the 1% elites mostly. used planes have gotten so stupidly expensive. Even kits, 20k worth of materials you have plane sales for 165k after. In contract you can get a Ford 2024 F350 fully loaded an a Huge RV To tow brand new. 4 times the materials an gadgets total cost about 160K. Obviously not number crunching but ya ll understand ...
@schroyerta11 ай бұрын
I flew a 340 w/ram conversion the other week, what a sweet airplane. I just want the 177 RG prices to come down so I can pick one up.
@MalachiWhite-tw7hl4 ай бұрын
I hear Russ Francis has one for sale--as is.
@gtr195211 ай бұрын
Everyone has an opinion, then you weigh them. Rich has been doing this a long time, and is highly experienced with piston, jet and turbo-prop GA planes. Flying, instructing, sales and service, his opinion should carry a lot of weight! I spent 40 years in R&D with several companies. For the last 2-3 years there has been an Australian company at Osh that is working on a turbine for the light single/twin prop market. Last I saw they had a running mule, or 'test engine'. Target HP was 150/450 on jet_A, a big weight reduction, and a target price of $80k. There was a lot of swap estimates, $120(all in) seemed most reasonable? I'll have to hunt them down again, but that could be huge! A couple of those on a Cessna twin could be a whole new airplane! Even some singles in good shape? And a new Cirrus or Diamond turbine?!? Cirrus under $1M!! Lets hope the "right" people win the election. 8) --gary
@edima358910 ай бұрын
Hi Rich, I like your sunglasses. What brand are they? PPL/CPL/Instr rated, now working on my CFI
@diernosaj11 ай бұрын
I watched a video from Short Field posted a year ago of him getting stuck on top. Little bit of a nerve racking situation. Had to circle around and find that hole to dive through.
@FlyingwithRich11 ай бұрын
I'm sure that's a bad feeling! Thanks for watching.
@JabariHunt11 ай бұрын
I know this will likely affect 2025 and beyond rather than 2024, but how do you think MOSAIC will impact the GA market long term once it's implemented?
@TheSchwartzIsWithYouToday11 ай бұрын
I'm just learning, and am interested in an LSA. Been watching the chatter around MOSAIC and if I had money to buy a new LSA plane today, I'd hold off until MOSAIC is finalized. I guess that as it's currently written, it will pull a bunch of low-end aircraft into it's embrace, and double the speed, weight, and other specs for LSAs. But with prices doubling on a lot of crafts over the past 18 months or so, including new low-end crafts, affordability is going down rather than up, not to mention the cost to get a license and various certs going way up due to increased flight costs. So I think it's going to be a mixed bag this year; assuming MOSAIC passes substantially as-is towards the end of 2024, then 2025 will be be a break-out year.
@Captnoatp11 ай бұрын
I think your prediction for 2024 seems to be pretty accurate. Lots of old planes and old pilots out there but the demand is surprisingly high. Except for the SR planes the prices will not drop. Do you have any experience in the Aerostar? My favorite recipe plane😊
@kevinsislo716011 ай бұрын
Too hard to listen to with ATC audio mixed in. Will try u again in the future.
@scottbeyer10111 ай бұрын
Bonanza is indeed my aspirational plane just like you said. But as a low time PPL I'd just kill myself in it assuming I could even get insured, lol. Me and a buddy just bought a 2008 model DA40 to get our instrument and commercial in. Fun, flies like a dream and the GFC700 is eye opening. But yeah, the Bo. Here is to hoping the supply side on the Bo opens up a little as the boomer gen starts losing medicals.
@FlyingwithRich11 ай бұрын
Have fun and thanks for watching!
@mbell52588 ай бұрын
You cancelled IFR once on top. For landing do you then start from scratch to get an IFR clearance? Or was that somehow built into the original flight plan?
@FlyingwithRich8 ай бұрын
After cancelling on top, have to get another clearance for the approach. Much more flexibility VFR on top than staying IFR to just fly around - thanks for watching!
@calimark744811 ай бұрын
A general observation about the GA fleet... it's getting pretty old.
@diernosaj11 ай бұрын
You talking about the pilots or the planes?
@bacon11111 ай бұрын
@@diernosajBoth…
@gkanai140011 ай бұрын
Have you seen any Kodiak 900s? Do you think there is a market for that luxury Kodiak?
@FlyingwithRich11 ай бұрын
I’ve been watching the 900. My thinking is it won’t be a very high volume airplane, faster than the 100 but still not that fast. We will see.
@bernardanderson375811 ай бұрын
Rich I’ve noticed the older aircraft models are being restored and with the cost of replacing flight school with more brand new models and I feel that the market will continue going forward for first time buyers
@JimB19 ай бұрын
The only thing wrong with the V35 is it is too easy to fly. Doctors, lawyers and members of the clergy over confident. Get in trouble above ability. Outcome bad.
@JMZM790710 ай бұрын
With a return to normal interest rates, the new LSA MOSAIC options will be trainers, Insurance cost, those older planes will not be sold. Price pressure will drive all planes down. You will see them fall, just like housing this year.
@johngarduno11 ай бұрын
Wish I was going with you, John from San Diego....
@kenbrand897211 ай бұрын
Hey Rich does ocr help clients acquire hangars
@FlyingwithRich11 ай бұрын
Depends on where you are - we have contacts around the country.
@kenbrand897211 ай бұрын
@@FlyingwithRich that’s great because it makes no sense to buy a plane without a hangar first and there’s such a shortage plus long wait times too.
@kmg50111 ай бұрын
Is too much regulation a factor in GA plane availability? Or, how would you get more GA planes into the market?
@cl65captain11 ай бұрын
Get rid of the lawyers
@cleekmaker0011 ай бұрын
I don't think it's Regulation, just the same old argument of Cost vs. Profitability; guy's got an airplane due for its Annual, and he spent a lot on the plane but $$ is tight. Should he get the Annual done then Sell, or Sell pre Annual and take a hit on the Price? How to get more air frames on the Market? That's a hard one if the manufacturers aren't building them.
@kmg50111 ай бұрын
@@cleekmaker00 _"How to get more air frames on the Market? That's a hard one if the manufacturers aren't building them."_ Well that is the thing. Automobile manufacturers have done the same thing. They stopped building inexpensive vehicles and instead only want to build higher profit vehicles that less people can afford, the result of this is a currently crashing car market. GA is a little different but from this outsider viewpoint it looks very similar. People can look up a KZbinr by the handle of Car Questions Answered. He frequently talks about the dynamics that have affected the market. It is all very interesting how companies have become so short sighted that they refuse to build for a broader spectrum of buyers. I don't think it is exactly the same in GA but I suspect there is some under tones of that.
@FlyingwithRich11 ай бұрын
Regulation certainly drives prices up which makes aircraft ownership out of reach for the masses. There is also the significant commitment it takes to become a pilot, and then stay current - so demand has been always will be low. The lower the demand the higher the prices the higher the prices the lower the demand, and so goes the continually shrinking GA market. It wont' take much demand to soak up the low volume of new aircraft production, and then the good used market, so that's why I think prices will continue to rise.
@SteveSchwab196111 ай бұрын
All I can say is I use to own a 77, 172 and a 62 Comanche and I should have held on to at least one of the. I can’t believe what happened with the prices.
@FlyingwithRich11 ай бұрын
Agree - recent spike was significant. Let’s see where values go from here!
@mustardseedsociety11 ай бұрын
Rich, do you have any "predictions" for the Panthera certification ?? Do you have any idea on the status of the GA8 Airvan ?? {it was supposedly bought out by an Indian company - as in the COUNTRY of India} and I read somewhere production would be in North America. Have you ever sold a GA8 ?? Then one more thing: any "predictions" for the Delta Hawk engine ?? We heard last year the Delta Hawk 180HP 2 stroke Diesel {with splash oil system and water cooled} was supposed to change general aviation history - WELL it's 8 months later and where are all the conversions ??
@FlyingwithRich11 ай бұрын
My predictions : Panthera will never get certified. Airvan will likely never be produced in any volume and will eventually never be produced again. Never sold one but have some experience with them. Delta Hawk will struggle to gain any market traction. Perhaps if 100 LL gets more pressure from Feds, which would help them.
@mustardseedsociety11 ай бұрын
@@FlyingwithRich Thanks - kind of a bummer if your Panthera prediction is true and as much as I hate to admit it, you're probably correct because how many times has people like AV WEB told us "The Panthera is expected to be certified next year" then the next year comes and goes and they go through the same drill over and over. But here's the thing: if the Cirrus is certified, I'm not getting why the Panthera is not certified because I have been told the reason Cirrus installed BRS is because Cirrus' are hard to recover from spin. Yet the Panthera spin test is on You Tube - they went 10 rotations and recovered perfectly and on top of that, Panthera still has BRS. That's why I'm puzzled why it's not been certified yet. Is there another issue ??
@FlyingwithRich11 ай бұрын
It’s a myth that Cirrus had to use a parachute because they couldn’t recover from spins during certification. Cirrus aircraft were designed with a parachute as a safety enhancement as part of the aircraft from the beginning. Certifying aircraft is very expensive, and difficult. I’m not that familiar with certification history on the Panthers, but based on my experience, lack of certification at this point is probably due to money. They also have to be considering how many they will sell and at what price if they do certify it. I wish I could be more optimistic about it, and I hope they do certify it an sell a bunch of them, but I don’t see it.
@mustardseedsociety11 ай бұрын
@@FlyingwithRich Yea but Rich, you have to admit the Panthera is really cool looking LOL !! As a sidenote, it appears they can be procured as experimental aircraft and Right Rudder Aviation in Florida is the Pipistrel dealer. Apparently they have a Panthera demo. However as far as renting aircraft from Right Rudder Aviation, there are only Alpha Trainers, and J3 Cub. - Now back to the Cirrus - I'm really glad you shared that because that gives me more confidence in the Cirrus. When I had heard that "myth", I was really puzzled because it looks like a normal SE airplane, and it should be able to recover from a spin just like any other SE aircraft. After all, we're not having to deal with VMC roll like on a twin, and like Juan Browne harps on all the time, when a twin is in a spin, you have the engine mass to overcome and the rudder may run out of effectiveness - which is a totally different issue - but on jet airliners, the rudders are absolutely massive and I was told in B737 mechanic school that the main reason for that big rudder is engine out, which puzzles me why the Baron has such a itty bitty rudder.
@norcalp210driver911 ай бұрын
How do I get this job! Love it Rich.
@mrcain689411 ай бұрын
Is there a reason that controllers cant give a VFR pilot on the top, clearance or vectors to get below the clouds. What's the resolution for that pilot if he calls an emergency for fuel. And what are the consequences to him if he is does call an emergency?
@FlyingwithRich11 ай бұрын
No reason - we do it all the time, just have to get an IFR clearance. SoCal is very accommodating on that type of clearance. I assume the pilot was not Instrument rated or the aircraft was not instrument capable or getting a clearance would have been an easy solution. Declaring an emergency would change the game, and give the pilot and ATC more options, although not a good situation to be in. I don't think too many consequences other than talking to the FAA and extra paperwork.
@stephenpeterson75708 ай бұрын
I understand Dan gryder says declaring an emergency involves no paperwork or other consequences. People end up dead from being hesitant from pride or fear
@bartofilms11 ай бұрын
I wonder if Textron / Beechcraft have ever looked into Just-in-Time Manufacturing. Like maybe if they found customers willing to place larger down payments, they could set up to build on demand a Bonanza in 6 months to 1 year. Japan Airlines used to train their pilots out of Napa, CA and they used only Bonanzas. Cheers.
@tstanley0111 ай бұрын
Textron doesn't care about the piston market. They make more money on a hand full of latitudes than Cirrus does on selling one piston a day.
@Craneman4100w11 ай бұрын
If you order a new Bonanza right now you can expect a 4th quarter 2025 delivery date with a base price of 1.3 million. The top requested add ons are SVT, TAS, and XM for another $35,200
@bartofilms11 ай бұрын
Pretty reasonable turn around, actually.
@FlyingwithRich11 ай бұрын
@Craneman4100w They are building so few new Bonanzas - easy to quote long lead times.
@terencenxumalo115910 ай бұрын
good work
@FlyingwithRich10 ай бұрын
Thank you!
@dangridley753411 ай бұрын
What is is attached to the leading edge of the left wing?
@FlyingwithRich11 ай бұрын
“Bonanza Wedge”. Aerodynamic device to increase control in slow flight/stall.
@FougaFrancois11 ай бұрын
Can you share what kind of Camera mount you use on the wing?
@draudio2u11 ай бұрын
As a new pilot i am lucky to have access to my father's bonanza f33a, in which I am doing ifr training. I will restore this plane due to high cost of new and used market but what is killing GA - insurance. I understand I am new pilot (170 hrs), but the fact insurance is restricting me to no solo flight unless i pay a$12k premium is ridiculous. That was the lowest quote. 9 other companies wouldn't even write a policy.
@FlyingwithRich11 ай бұрын
Insurance is definitely expensive now, but at least it is available!
@backcountyrpilot11 ай бұрын
Insurance is not required by the government in order to fly. Banks and hangar owners often require it, however.
@jdotsalter9106 ай бұрын
That's because insurance has paid a lot claims from Bonanza accidents over the years from far more experienced pilots than you. Plus, parts availability makes repairs much more expensive. If you gear up your Bo' it's more cost effective to total it out than to repair it, which could take over a year and cost a lot due to parts shortages. Just a prop strike on that engine costs at least 30k for the inspection and propeller, so insurance has to be high or else they go out of business.
@kenbrand897211 ай бұрын
I can’t wait till when you get to test fly the new Beechcraft Denali
@FlyingwithRich11 ай бұрын
We'll see if I get the chance.
@kenbrand897211 ай бұрын
@@FlyingwithRich you probably will where you’ve represented the brand for about thirty years,along with Cessna
@SI-lg2vp11 ай бұрын
GA trend is for wealthy people and business ownership. Ownership of the small GA certified planes is out of reach, forcing experimental aircraft as an alternative. Fewer people will afford a pilot license for recreation, and old airplanes become less desired to own and rent. The trend is for upscale demographics, and fewer new GA plane delivery, leaving only wealthy users going forward. The only hope to own a plane now is experimental and few pilots have the desire or skills to build one.
@jasoncrandall4 ай бұрын
The sales numbers don’t reflect your beliefs. Cirrus delivers almost 500 SRs a year. 2 year wait list.
@JimB19 ай бұрын
I got my commercial, instrument airplane and my rotorcraft ratings right there at Long Beach, Daughtery field. Moved on to other things and places. Not sure I like what has happened to LGB. One thing for sure GA is not what it used to be.
@bernardanderson375811 ай бұрын
The Super Decathlons prices have risen
@JamesJohnson-iw9dh11 ай бұрын
Your mic kept cutting out every 5 sec. @FlyingwithRich
@FlyingwithRich11 ай бұрын
Yeah - we have to fix that. Audios is a struggle for us!
@JB_Hobbies11 ай бұрын
I think rates need to come down. Prospective buyers like me who saved up to finance a plane now have to either accept a higher monthly payment or continue saving for a larger down payment. And, with higher prices driving higher insurance premiums and with hangar scarcity driving higher rents (and also the hassle of finding a hangar in the first place), it just makes it an easier decision to choose to wait.
@FlyingwithRich11 ай бұрын
Definitely - strike quick when rates come down as that will likely bring more buyers (like you) to the market, inventory will tighten and prices will climb. Thanks for watching!
@JB_Hobbies11 ай бұрын
@@FlyingwithRich yea, definitely. Although, I don’t know that buyers like me have a huge impact on the market. If that were true, prices would have come down a while ago simply because of the rates. I think that entry level GA is being dominated by training providers who are grabbing anything they can to build up fleets (or start completely new flight schools). Rates won’t affect them a ton because they often require financing from their career students, which generates reliable cash flow that also pays for the fleet. With high demand on cheap training aircraft, prices went way up at the bottom of the market. Buyers like me now don’t want to pay a high price for a basic aircraft, so we look to something faster, more powerful, more useful load, etc, which takes the demand that would have gone to the bottom of the market and pushes it upmarket and creates the same problem for those segments. So, my take is that so long as the pilot shortage is still driving flight training, prices will not come down no matter what else happens. But, if rates do come down, buyers like me can still get something reasonable, albeit a less fancy plane now-but still a plane!
@ctn83011 ай бұрын
I think the GA market will diminish. I think more people are not going the old certified relics ( Cessnas and Pipers older than 1980) route but for a new experimental (ie; Sling,RV,etc.). Why pay $300k for a 1980........(44 y/o mind you) when you can have a brand new experimental with latest technology engine (some with FADEC), glass and all modern avionics for about the same price? Less and less people can afford a new $1.1 million Cirrus or most other new planes. And Diamond will continue to have a strong footing with their latest technology planes (ie; DA50).
@FlyingwithRich11 ай бұрын
What experimental aircraft would match a Cessna 206 or Piper Cherokee 6 in performance/capability? What technological advancements do they have? What are the advantages of FADEC on a Single Engine Piston Aircraft? Most certified GA how have “Glass” or can be retrofitted with “Glass”. I’m a fan of Experimental Aircraft, but if you look at the size of the fleet and market, certified aircraft are a much larger (4X) part of General Aviation. The most successful kit manufacturer is in bankruptcy. Cirrus has highest production of any aircraft in any class (SR22T) at north of $1M - so that proves that low cost isn’t the driver of volume and popularity in General Aviation.
@dreamcreator255210 ай бұрын
The current manufacturers want to sell Million $++ planes and very few of them(as a % of total fleet in operation). At our local GA airport I would estimate that over 90% of the GA planes are owned by people over 60 years old. At the present time and in the last 10 years I don’t see the trend of younger pilots buying airplanes in any significant way to change the percentage. Don’t know what the back-fill percentage will be when these pilots age out with medical or death. The top 10% of the population based on wealth will always be the top 10%. :) In the end the law of supply and demand will solve the issues as it always does.
@FlyingwithRich10 ай бұрын
I don’t disagree, but I definitely see more younger people at airshows, etc than I did say 25 years ago - still not enough but at least it doesn’t seem as tilted to me as it used to be. A non-scientific measure, but my observation. You are correct on supply and demand!
@gendaminoru319511 ай бұрын
fewer dollars chasing the existing inventory as too much uncertainty exists with this election and the conflicts affecting oil prices. My $.02 So if you, from a brokers perspective, see an uptick it's prolly flat on balance.
@FlyingwithRich11 ай бұрын
Election years are always uncertain - we will see how 24 plays out...thanks for watching!
@excellenceinanimation96022 күн бұрын
How is someone in there 20s/30s with a low end job ever going to buy something? The license alone is a 3rd of my income. /:
@azcharlie200911 ай бұрын
Welcome to the post plandemic business model. Businesses figured out they could make less of something and create more demand while lowering costs. But then... Increase the price of the product. Designed inflation.
@dynmicpara10 ай бұрын
Recovery Parachutes on all possible planes or BAN non-essential GA. ENOUGH.
@mitchellfamily389911 ай бұрын
Unfortunately with the tax benefits disappearing may buyers who use their aircraft for business purposes are going to think twice about the purchase. The tax benefits were designed to save aviation manufacturers. Doubt there are a lot of people who just want to burn expensive holes in the sky.
@FlyingwithRich11 ай бұрын
Depreciation for aircraft is a permanent deduction - the “bonus’ depreciation allowing for the bulk of the depreciation to be taken in year 1 is temporary and running out. But, there is a bi-partisan bill to re-instate Bonus depreciation. Lot’s of businesses chose not to take bonus depreciation even when it’s available.
@svenlarson698111 ай бұрын
My 1968 Baron is not an “investment” so however the market value fluctuates from year to year makes little difference to me. The only thing that matters is the fun factor which has never been lost. These legacy airplanes were built with craftsmanship and quality that could not be duplicated today. Maintain them well, keep the avionics updated and they will serve you well for a very long time.
@FlyingwithRich11 ай бұрын
Well said!
@SteveMcCarron6 ай бұрын
Greaser!
@allenw118811 ай бұрын
Very hard to listen to you with the ATC talking.
@FlyingwithRich11 ай бұрын
Agree - I should have shut down flight following - next year! Thanks for watching!
@helodriver206 ай бұрын
For supply, how about the manufacturers stop making $1m airplanes and make some for the poors. Mooney, Beech, Piper, and Cessna don’t make anything for normal people. Let’s take mooney, the 201 and M20K are some of the best planes made, and yet, they had to drop them and make $1m plus monsters.
@FlyingwithRich6 ай бұрын
Simple supply & demand economics to me - the reason the lower priced airplanes aren’t manufactured is because few bought them. Cessna tried to build a low cost Skyhawk and no one bought it! Mooneys aren’t in production anymore because Mooney couldn’t make a profit.
@FougaFrancois11 ай бұрын
Bonanza is the best GA small plane.
@2Greenlid11 ай бұрын
Cirrus SR 22 GTS is the plane !!!
@OldCarsAreFun11 ай бұрын
My predictions for GA in 2024: I still cant start with my PPL :(
@FlyingwithRich11 ай бұрын
2025!
@DaveGillespie-w5f11 ай бұрын
Cant listen to you and atc at the same time. You're trying to be too cool, see ya.
@FlyingwithRich11 ай бұрын
I can agree about too much ATC interference but you lose me on, “trying to be too cool,” see ya
@philipporter129310 ай бұрын
Terrible video.!! Impossible to follow along with so many distractions. Sorry, will try you again though.
@mr.ginnationfunlifestyle389111 ай бұрын
Rich, I think, if such a experienced professional market player like you are, speaks about the aviation market GA, you should not do this up in the air, always getting disturbed by the radio talking. It’s for sure highly interesting, listening to your opinion. Much better and not so annoying, if you make a hangar talk without all this radio bla bla bla in between your words. ❤😊Thanks 🙏🙋♂️
@FlyingwithRich11 ай бұрын
Good feedback and I think you are right - next year on the ground. Only problem is my thoughts are much clearer in the air! Thanks for watching.
@ericsd5511 ай бұрын
It's your brand to be bantering in the air - keep it up!! Doing it on the ground would just seem, well, weird. Just turn down com1 a bit@@FlyingwithRich
@ericsd5511 ай бұрын
Ack! And change his brand? Blasphemy!
@FlyingwithRich11 ай бұрын
@ericsd55 will do!
@mr.ginnationfunlifestyle389111 ай бұрын
@@FlyingwithRich ok. Than we put you in the back of the beech king air, circling around catalina island and you can talk in the air…😂🙋♂️🥰
@AlbertHess-xy7ky11 ай бұрын
Trump 2028
@AlbertHess-xy7ky11 ай бұрын
Second term date or death date?
@vgrof23155 ай бұрын
Way too much trouble listening to you and ATC. Way too much.
@FlyingwithRich5 ай бұрын
Thanks for the feedback.
@h2oski120011 ай бұрын
3rd
@DanFrederiksen11 ай бұрын
You mentioned the Bonanza, a plane from 1945. All things being equal, that incredible stagnation in GA will continue, made worse by gentrification. Ever older ever more expensive planes. No one is thinking progressively, there is only comfortable greed and sheepish acceptance. There is huge potential in GA, especially with today's manufacturing tech. Turbofan jet in particular as they are surprisingly fuel efficient, people just forget that they are exclusively used on 5 ton buses. Meanwhile Eclipse 550 has better fuel economy than a Baron 58. The only saving grace is that we might get UFO disclosure in 2024 if israel doesn't ruin the world first with their psychopathic evil. With the help of dear old USA.