DiscoverPilot Money PodcastAircraft Ownership: The Cost Beyond The Purchase
Aircraft Ownership: The Cost Beyond The Purchase

Aircraft Ownership: The Cost Beyond The Purchase

Update: 2024-09-02
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Description

Join Timothy P. Pope, CFP®, as he welcomes Kevin Walker to the Pilot Money Podcast for an enlightening conversation about aircraft ownership. Kevin, with his extensive experience as an air traffic controller and a general aviation pilot, shares his perspective on owning various types of aircraft over the years.

In this episode, Kevin describes his personal journey in aviation, from the early influence of his father to his multiple aircraft ownership experiences. He discusses the practical aspects of owning and operating different aircraft and provides valuable insights on the financial, operational, and emotional facets of ownership.

What You'll learn from this episode:

  • Journey Through Aviation: Hear how Kevin's background and family ties to aviation shaped his path and led him to own multiple aircraft.
  • Ownership Realities: Learn about the financial realities of aircraft ownership, including unexpected costs and budgeting for maintenance.
  • Co-ownership vs. singular ownership: Kevin reflects on the benefits and challenges of sharing aircraft ownership versus having one all to yourself.
  • Practical Tips for Buyers: Gain tips on selecting the right aircraft for your needs, considering mission, budget, and future goals.
  • Emotional Rewards of Flying: Despite the costs, Kevin shares why the freedom and joy of flying make ownership worth it.

Join Tim and Kevin as they explore these topics, offering both seasoned and aspiring pilots a comprehensive look at what it really means to own an aircraft.

Resources:
Kevin Walker LinkedIn
Beacon Relocation
Schedule An Appointment
Our Practice’s Website
Send Us Your Questions: pilotmoneypodcast@ceterainvestors.com

Disclosure:
Timothy Pope is a Certified Financial Planner™ offering securities and insurance products offered through Cetera Investment Services LLC, member FINRA, SIPC. Advisory services are offered through Cetera Investment Advisers LLC. Tim’s Branch Office is located at 5200 77 Center Drive, Suite 330, Charlotte, NC 28217. The branch phone number is 704-717-8900.

The views depicted in this material are for information purposes only and are not necessarily those of Cetera Investment Advisers.

This Podcast is designed to provide accurate and authoritative information on the subjects covered. It is not, however, intended to provide specific legal, tax, or other professional advice. For specific professional assistance, the services of an appropriate professional should be sought.

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Aircraft Ownership: The Cost Beyond The Purchase

Aircraft Ownership: The Cost Beyond The Purchase

Timothy P. Pope, CFP®