Pilot’s Portfolio

Aircraft Ownership: The Cost Beyond The Purchase


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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: [email protected]

Timothy P. Pope is a Certified Financial Planner™and principal owner of 360 Aviation Advisors, LLC (“360 Aviation Advisors”), a registered investment advisory firm. Investment advisory services are provided through 360 Aviation Advisors, in its separate and individual capacity as a registered investment adviser. Podcast episodes are provided through Pilot’s Portfolio, in its separate and individual capacity.

We try to provide content that is true and accurate as of the date of publishing; however, we give no assurance or warranty regarding the accuracy, timeliness, or applicability of any of the contents. We assume no responsibility for information contained on this website and disclaim all liability in respect of such information, including but not limited to any liability for errors, inaccuracies, omissions, or misleading or defamatory statements.

Links to external websites are provided solely for your convenience. We accept no liability for any linked sites or their content and remind you that we have no control over their content. When visiting external web sites, users should review those websites’ privacy policies and other terms of use to learn more about, what, why and how they collect and use any personally identifiable information.

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Pilot’s PortfolioBy Timothy P. Pope, CFP®

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