The Most Expensive "Peace of Mind" In Aviation | EP 56

VREF | The Truth About the Aviation Market · Sep 10, 2026 · 42m · transcript

An owner has been paying into an engine program for 11 years.

More than $1 million contributed.

The airplane is worth roughly $3 million.

And the overhaul those payments are supposed to protect him from is still four to five years away.

So he asks:

“At this point, am I buying protection—or am I funding somebody else’s overhaul?”

In this episode:

• Why engine-program enrollment should be analyzed as a financial decision—not treated as a universal virtue

• The four contract details owners often overlook: funding structure, exclusions, transfer fees, and escalation

• How a seemingly manageable…