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Kings Explain How to Step Up to Jets
October 22, 2009, Orlando, FL – During the second day of NBAA2009, aviation veterans John and Martha King had a slew of tips for a packed room of pilots about moving up from a piston-powered aircraft to a jet.
"The general public has no concept of the commitment that we all have to flying, or the dedication is takes to get to the level of flying a jet," John King said. "But there are more considerations and decisions ahead when purchasing a jet."
The Kings said that maintenance costs were the biggest surprise when they first purchased a Citation jet 22 years ago, and that remains one of the highest costs for jet owners. Used jets are less expensive than new ones, so you can get more aircraft for your dollars, Martha King said, but they are not covered by warranties and do not share the same fuel efficiency as new aircraft.
Maintenance costs for jets are scheduled by the hours flown and calendar dates defined by the manufacturer, whereas piston-powered aircraft need only annual inspections. New jet owners also should be ready to deal with complicated insurance laws, new training, FAA regulations and more.
The Kings also advised prospective buyers to consider finding an aircraft broker to help select the right aircraft, an attorney to handle tax laws and insurance, and a mentor who can share experiences about flying the plane.
NBAA's online Aircraft Transactions Resource, available at www.nbaa.org/admin/registration, identifies many considerations to be taken into account when buying or selling an aircraft.
The King's NBAA2009 session is slated to be available in its entirety as part of NBAA's On-Demand Education Program following the close of the Convention. For more information, visit www.nbaa.org/ondemand.
Any person who attends an NBAA convention, conference, seminar or other program grants permission to NBAA, its employees and agents (collectively "NBAA") to record his or her visual/audio images, including, but not limited to, photographs, digital images, voices, sound or video recordings, audio clips, or accompanying written descriptions, and, without notifying such person, to use his or her name and such images for any purpose of NBAA, including advertisements for NBAA and its programs.