Latest / VREF | The Truth About the Aviation Market
The $2 Million Loss Your Insurance May Never Mention | EP 52
An $8 million Citation CJ4 is sitting on a ramp. The owner isn’t flying it. He isn’t even in the country. A line guy hooks up a tug, gets distracted, and tows it into a hangar improperly.
Forty seconds later, the damage is done.
The aircraft is repaired correctly, returned to service, and made completely airworthy. But when it comes out the other side, it’s worth nearly $2 million less than it was that morning.
That loss isn’t the repair bill. It sits on top of it.
It’s called diminution of value—and it may be one of the most expensive risks in aircraft ownership that almost nobody explains…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.