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TLDR; Thanos was right.

Absolutely. What are your terms?

Most likely this is a requirement of the reinsurance companies. Reinsurers tend to be terrified of the idea of dozens, hundreds or even thousands of aircraft falling out of the sky at the same time as a result of something like the Y2K issue. It's not so much a ploy by an insurance company to...

I think congress should demand that Boeing develop "run-dry" fuel tanks for safety reasons. :)

Aviation Insurance Resources, Falcon and HaltonHall are insurance brokers and do not control rates. This change will have no impact on the supply of insurance which is dictated by the quality/number of aviation insurance companies and aviation reinsurance companies.

I'd be willing to bet that the increased insurance costs will eat up most of the savings on the initial acquisition costs over 5-10 years.

Aircraft insurance policies are written on an agreed value basis - not an actual cash value. In theory you should be able to insure your aircraft for whatever you paid for it - even if you paid too much. The only problem comes when the market value drops and your aircraft become over-insured...

Do you know the specific declination reasons? Was it solely they would not offer coverage to Greenland or was it the combination of aircraft and Greenland? Was your pilot experience a factor? Are you planning to make the flight between May and September? A good insurance broker should be...

After the market crash in 2008 aircraft values dropped - some as much as 50%. Over the last 2 years flight schools have bene gobbling up single engine trainers. Planes like Cessna 172s have at least doubled in the last year. Other small singles have also increased in value due to the low...

It's not so much that gyros are inherently dangerous, but too many pilots fly them improperly. Probably a combination of inadequate training and hazardous attitudes.

Which reinforces my point. The world can create more pilots - but if pilot wages are not high enough to compete with other industries, those pilots won't become airline pilots.

In economics a shortage occurs when the price the consumers (airlines) are willing to pay for the commodity (pilot labor) is lower than the equilibrium price and the suppliers (pilots) decide not to sell their product (labor) on the market. If the price (salary) increases to the point that the...

The original PAL-V design was tandem seating and the vehicle was dead sexy. This version - while probably more practical - doesn't seem quite so stylish.

How so?

On a checkride during a simulated engine failure I chose a cow pasture - a large one. I set up my approach to land in the middle of the pasture. There were cows on the edges - along the fence line about 200-300 feet from where I was aiming to set down. I failed the checkride. The examiner...

Every insurance company is different and different rules apply for different aircraft types. For some companies & aircraft types your rate may stop going down after you have 750 total hours and 50 hours in make/model. Some companies give discounts for instrument ratings, some do not. Some...

Yes. You can buy a non-owned policy (often referred to as Renter's Insurance) that will cover you when you are operating someone else's aircraft. The problem is that your policy does nothing for the owner. Let's say you do something negligent and cause harm to someone else. Your non-owned...

You need to look at the WHO IS COVERED clause in the policy. Some policies specifically exclude renters as insured persons meaning that if you are found liable for property damage or bodily injury as a renter the insurance company does not need to defend you or pay on your behalf...

High demand and very limited supply has caused a bubble. Small trainers have doubled in price over the last year. Eclipse 500s have increased about 50%. Some models are relatively unaffected. The problem as I see it is that when the airline industry hits it's next big obstacle and they stop...

Companies currently writing aviation insurance in the United States: Centurion (only writes Quota Share) HCC (Tokio Marine) AIG USAIG Global Starr Allianz W. Brown AXA/XL (Catlin) Old Republic QBE Great American USSIC (Tokio Marine) Avemco (Tokio Marine) Aerospace Insurance Managers (Hallmark)...