Sarah Rose (they/them) is a news writer and reporter for AIN. 
Prior to AIN, Sarah worked as a journalist for Georgia Public Broadcasting, Georgia&#039;s statewide NPR and PBS affiliate. They have also worked for several national nonprofits and as a legislative assistant in U.S. Congress. As an openly nonbinary reporter, they are a proud member of the Trans Journalists Association. 
Sarah is a 2012 graduate of Kennesaw State University.

News Writer

Sarah Rose

The latest quarterly survey from Vref Aircraft Value Reference &amp; Appraisal Services shows mixed perceptions about the direction of the economy among the business aviation community.&nbsp;Of the 488 industry stakeholders recently surveyed, nearly 60% said they were somewhat-to-very optimistic about the direction of the global economy, while nearly a quarter were pessimistic.
Just more than 40% of the respondents noted interest rates and inflation were the biggest factors in determining their economic outlook. This was followed by policy uncertainty and stock market outlook.&nbsp;Slightly more respondents (44%) said they were concerned about impacts on policy changes resulting from the 2024 elections than those with no concerns (40%).
In terms of operational costs, more than three-quarters of the respondents said they have risen over the past year, with key factors being increased maintenance and fuel costs. More than half indicated they had seen delays in obtaining aircraft parts, indicating lingering supply-chain issues.
Interestingly, a majority of survey respondents said they were “not at all likely" or “unlikely” to purchase a new aircraft in the coming months. Nearly 80% said that of all the types of aircraft they were likely to acquire, pistons were the top choice.
"These findings reflect the balancing act we’re all managing—optimism tempered by the realities of rising costs, bottlenecks, and an evolving market," said Vref CEO Jason Zilberbrand.

News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

Vref Market Survey Sees Some Delays, Some Election Concerns

Majority say near term aircraft purchases unlikely

Vref has released the latest results from its quarterly business aviation market survey.

2024 Corporate Aviation Leadership Summit

Charles Alcock

Kaleyesus Bekele

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Industry group presses for regulatory progress and continuity across the continent 

African Bizav Strives for Greater Market Opportunity

Amy Wilder

News about simulators and training procedures, as well as workforce.

News and issues concerning general aviation, specifically airplanes and helicopters powered by piston and alternative engines (i.e., non-turbine powered aircraft). Subjects include aircraft, engines, personnel, acquisitions, accidents, safety, security and training.

Rule would not apply to insulin-treated diabetes

FAA Proposes Easing Medical Approvals for Diabetic Pilots

Kerry Lynch

News and issues relating to international air transport and cargo carriers, national airlines and regional airlines, including aircraft, engines, personnel, acquisitions, accidents, safety, security and training.

In this article

Vref

More In Regulations and Government

African Bizav Strives for Greater Market Opportunity

Industry group presses for regulatory progress and continuity across the continent

FAA Proposes Easing Medical Approvals for Diabetic Pilots

Rule would not apply to insulin-treated diabetes

Congress OKs Stopgap Government Funding Measure

Move averts potential shutdown

Longtime Bizav Attorney Gary Garofalo Flies West

His career spanned more than five and a half decades

New Treasury Rule Limits LLC Information Reporting

The revision relaxes some provisions of the Corporate Transparency Act

Nancy Kassebaum, Architect of GA Product Liability Reform, Dies

Kassebaum pushed through the General Aviation Revitalization Act

Nav Canada Increases ATC Service Charges

Increased fees are to recover pandemic shortfall

FAA InFO Outlines CVR Upgrade Deadlines

Larger new bizav aircraft face 2027 deadline, while small new turbine bizav aircraft have 2029 deadline

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