Ever wanted to be a Cirrus owner, but the economics of being a single owner just don’t make sense for you? If you’re in the San Marcos/New Braunfels/Austin area, you now have a chance to join a Cirrus SR20 partnership at the San Marcos Municipal airport, KHYI.
The Cirrus SR20 partnership group is looking for 2-4 more members to buy in to a 2006 or 2007 Cirrus SR20 GTS. The plane will be kept at KHYI and the group already has a hangar for it.
Most in the aviation industry are familiar with John and Martha King, the faces of the myriad of Kings Schools aviation training courses. Thousands of pilots have gone through their ground school courses for a variety of certificates or ratings, taking in the videos on original VHS, DVD, or streaming online depending on what the current technology is.
With the advent of the Airmen Certification Standards (ACS) replacing the Practical Test Standards (PTS) for the private and instrument certificates, King Schools didn’t take long to update their material.
To help private students prepping for their check ride (and their instructors who aren’t familiar with an ACS check ride yet), John King plays the student pilot in the latest King Schools prep video. The streaming online video is about 5 hours long, includes the oral portion and the flight portion of the check ride, and runs $139 (you can still get the DVD, too!).
I have recommended King Schools and their courses to all of my customers. They have always put out a great product as they reduce the fear felt for a check ride applicant. If you are prepping for your private pilot check ride, checkout the King Schools video today.
A couple of months ago, I had a life-threatening experience while flying. Thankfully, with my flight training, along with a lot of luck, I am here to talk about it.
One of my many piloting jobs is as a glider tow pilot. For those not familiar with gliding, since a glider doesn’t have an engine, every time a glider pilot goes and flies, it’s a team effort. A powered airplane (anything from a Super Cub to a turbine powered Air Tractor) is attached to the glider via a tow rope, which is about 200 feet long. Once the glider pilot gives the go ahead over the airport’s CTAF, then the tow plane begins it’s takeoff roll, pulling the glider along behind it.
The glider becomes airborne prior to the tow plane, then the tow plane will circle the airport environment till it get’s to the pre-determined altitude to release the glider. Some tows are pattern tows and some are higher (not usually above 3,000 AGL), depending on the request from the glider pilot. Once the altitude is reached, the glider pilot pulls a handle in the glider to release the tow rope, then begins his glide. The rope stays attached to the tail of the tow plane, which in turn descends back down to the runway and lands. The tow plane also has a tow rope release handle in case of emergency.
On this particular tow, the plan was to tow the glider up to 3,000 AGL. Upon reaching 2,500 AGL, the glider pilot called me on the radio and stated that his rear canopy had opened up. I looked over my shoulder and sure enough, the rear canopy was fully opened while he was still in level flight behind me. I asked him if he wanted me to tow him closer to the field, but he didn’t reply.
Now, as an experienced tow pilot, I know a glider canopy popping open should not be an emergency situation. It’s definitely abnormal, but would be similar to a door or window popping open in a powered airplane. Not a big deal. If too much force from the relative wind is applied to the canopy, it would snap off; however, a glider can easily land without a rear canopy.
About 5 seconds after I radioed the pilot (and received no reply), I felt my tail instantaneously lift up into a completely vertical position, which caused my nose to go straight down. The next thing I knew, a whole lot of earth suddenly filled my windscreen and I was in what’s known as a graveyard spiral.
A graveyard spiral (as defined from the Airplane Flying Handbook pg 4-23), “is a descending turn during which airspeed and G-load can increase rapidly….the airplane is flying very tight circles, in a nearly vertical attitude and will be accelerating since it isn’t stalled.” It’s also known as a spiral dive.
Back to the story. At this point, I tried to reach for the glider release handle. Unfortunately, due to the shoulder straps holding me against the seat, plus the g’s, and also the quart of oil and tow bar that flew forward and hit me in the back of the head, I couldn’t reach it. I was semi-upside down at a certain point, which dislodged the oil and tow bar from the floor of the baggage compartment. They sailed over the seat and nearly gave me a concussion.
At this point, 2,500 feet above the ground, I had a choice to either fight for my life at a very low altitude or to sit back and become part of a big explosion.
I decided to fight for my life.
As I was spiraling to the ground, I felt the tow rope snap. Up to this point, I had still been attached to the glider. The rope snapping was a good thing, as my airplane was now under my control, not attached to, and being affected by, a glider (more on that later). I now had a lifeline, no pun intended.
After I felt the rope snap, my instincts and training kicked in. I initiated the spin recovery procedure using the PARE acronym. This task was difficult to do as I had a lot of debris flying from the rear of the plane to the front, blocking my view out of the windshield. There was also debris around my feet, hampering my ability to use the rudder pedals. The spiral finally stopped and I recovered approximately 500 feet above the tree tops. It took my heart a lot longer to stop spinning.
After barely regaining my emotions, I tried to evaluate the condition of the plane. Were all the pieces of the plane still there, was the engine damaged, did my control surfaces still work?
Once I advanced the throttle and saw an increase in my engine RPM, I started an immediate climb to give me altitude to get back to the airport. I had engine power but I wasn’t sure how long it would last if I had damage. Now, what they don’t teach you during spin training is that when this happens unexpectedly, you will become very disorientated. You have just been spiraling unexpectedly and your equilibrium will be out of whack. As I leveled out just over the tree tops, I was too low to visually see any landmarks, nor could I see the airport. Once I was able to climb, I was able to orient myself and figure out where the airport was.
I had to be very careful getting back to the airport and landing without radio communication, since my radio was knocked out with all of the FOD from the baggage area. Thankfully, the landing was uneventful. After I landed, I saw the glider limp in over the trees. The rear canopy was totally gone, while the front canopy and other parts of the glider had suffered major damage. Miraculously, my airplane wasn’t damaged, except for the wire from the radio which came loose during the spiral.
So, how did all this happen, you ask? Well, the glider pilot made 2 huge mistakes. First, in gliding, the moment the glider pilot loses visual sight of the tow plane, you are supposed to release the tow rope. He did not do that and almost killed both of us.
Second, as pilots we are taught to always fly the airplane first. Everything else, no matter what it is, always comes after flying the airplane. As I stated previously, the loose canopy is not an emergency situation, but since the glider pilot did not aviate first and was distracted, it was almost a fatal day for 2 people and 2 airframes.
So, what caused this chain of events? By getting distracted by the open canopy, the glider pilot inadvertently pulled back on the stick while trying to close the canopy. Then, by not releasing the glider from the tow plane, the glider pilot climbed rapidly with an excessive rate of climb while still being attached to me. The rapid climb is what pulled my tail up, causing my nose to drop and put me into the spiral. The tow rope snapping set into motion my recovery, since up till that point, I literally had no control. An extremely high lift wing was attached to my tail, pulling it up, and there was absolutely nothing I could do about it.
We all spend time practicing and demonstrating emergency maneuvers during our flight training and during flight reviews. Many times you might think, I’ll never need to use this stuff. Thankfully, some of the procedures I learned in the past kicked in at a time of need, even though my heart was beating out of my chest.
At some point in every pilot’s career, some type of spin training or Upset Recovery Training would be highly recommended. Then, when things go wrong, remember to always aviate first, then handle all the other things that need to be handled.
Interested in spin training or Upset Recovery Training (UPRT)? Check out the list of Malibu & M-Class Owner’s and Pilot’s Association (MMOPA) approved UPRT vendors and schedule UPRT training today.
Sadly, in January, a pretty great airplane was put out to pasture. Textron (the conglomerate that now owns Cessna, Beechcraft, Hawker, and Lycoming) announced it was ceasing production of the Cessna TTx. With the end of the Cessna TTx production, an airplane that was the main “competitor” to Cirrus (if you can call it competition; Cirrus consistently outsold the Cessna TTx by a wide margin each year), it leaves the SR series to stand alone atop the High Performance piston single market.
I got to go through Cessna’s FITS Accepted Instructor (CFAI) course back in 2012 and have flown in the Cessna 350 and 400 (which is what they were known as at the time; the Cessna TTx name came around in 2011) for about 120 hours. I really like the airplanes. I’m partial to the Cirrus, but the Cessna 350 & 400 are fast airplanes and great for 1-2 people. I flew a 350 (the non-turbo charged version) from New York to San Antonio last fall and routinely saw 170 knots at 12 GPH.
Columbia started out making the 350 & 400 (the turbo-charged version) in the early 2000s, but went bankrupt in 2007. Lancair started Columbia to make a certified version of their popular kit planes. If you see a Lancair ES floating around, you would swear it’s a Columbia with only 1 door. Cessna bought the design from Columbia in 2007 to begin manufacturing the airplanes themselves.
Cessna then made a huge mistake as they moved the production facility from Bend, Oregon to Mexico. Production completely halted in 2009 as the planes coming out of Mexico were found to have defective composite work. The sales never really recovered, even though Cessna put the Garmin G2000 panel in the Cessna TTx, complete with a touchscreen key pad. A FIKI system was added as an option in 2012.
A prospective buyer can still get a great value on a used 350, 400, or TTx, as they are valued a little lower than a Cirrus. The 350, 400 or TTx all make excellent single pilot or two person speedsters with very comfortable amenities.
A lot of my customers ask me which airplane that I train in is my favorite. The Cirrus and the Columbia both are very good airplanes, but if I had my pick, I’d go with a Piper PA46, specifically an ’86-’88 Malibu.
I love the Piper PA46. 6 seat, cabin class, pressurization, air conditioning, great ramp appeal, 17 GPH (in the Continental TSIO 520 or 550; Piper changed to the Lycoming TIO 540 in ’89, which you run rich of peak and burn 22 GPH, decreasing a little bit of the awesomeness). What more can you ask for? The interior is roomy, there is plenty of baggage space in the nose and in the rear of the cabin. They are downright fabulous airplanes. Plus, you can get into a nice one that has had some panel upgrades and a mid time engine for around $300,000. That’s not bad.
Cessna tried to make a pressurized single with the P210, but it just doesn’t match up with the Piper PA46. The Piper has more room, more baggage space, a higher max differential pressure and service ceiling, and better air conditioning to boot!
Don’t know much about the Piper PA46? It’s been called several things. Originally, it was the Malibu, with a Continental engine. Now the TSIO 520 was not one of Continental’s better motors. However, most of the original Malibus have been upgraded to the much better TSIO 550C engine, which is a great product. Cruise around at almost 200 knots at FL200 and burn only 17 GPH. It’s beautiful.
Piper changed to the Lycoming engine in 1989 and changed the name to the Malibu Mirage, later shortened to just Mirage.
Then, in 2016, Piper upgraded a lot of the avionics, cleaned up the panel, and dubbed it the M350.
Piper made the ill fated decision in the mid 2000s to quit making the Saratoga and instead make an unpressurized version of the PA46 called the Matrix. It didn’t last long, only about 10 years or so, and hasn’t been very popular (see: don’t buy one). Piper took the best part about the PA46, the pressurization, and took it away, leaving an airplane that you still have to wear oxygen in to get the advertised high speeds in the upper teens and flight levels. Who wants to be cruising around in a cabin class airplane with oxygen on? Piper needs to bring the Saratoga back to give folks a low level, high performance option.
What would be my dream Piper PA46? As stated above, an ’86-’88 model Malibu (Piper started off with hydraulic flaps in the ’84-’85 models and it wasn’t a very good system. They changed to electric flaps in ’86) with a Continental TSIO 550C upgrade. The Garmin autopilot isn’t out yet, so I’d go with the STEC 3100 Autopilot w/ a Yaw Damper (the airplane originally came with a King KFC 150, which is a really good autopilot, but most of them are getting old and are getting difficult to fix. King’s replacement KFC 325 is still slogging through certification. Garmin’s GFC 600 would be ideal, but that isn’t expected to be certified for the PA46 fleet till late this year). A single Garmin 10.6″ G500 TXi with EIS tied to a Garmin GTN 750 GPS with a Garmin GTR 225 Nav/Comm as the number 2 radio.
Then I just put gas in it and go. That would be my kind of airplane.
I get asked some version of the same question almost every day right now: “Hank, what’s going on with the airplane market?” Owners are nervous. The market has definitely slowed down, and the second quarter has been especially quiet. So let me give you a straight read on what’s actually happening, why, and what it means for your airplane.
Here’s the short version: don’t panic. A slow market is not a market crash. It’s a market that rewards sellers who price realistically and buyers who are ready to pull the trigger. Patience is the name of the game right now.
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Used airplane values shot up through the COVID years, peaked somewhere around 2022, and have been softening ever since — really since about 2023. That’s carried into 2026. But in most piston airplanes, it looks a whole lot more like a slow, steady give-back than a crash.
Now, here’s where I’d rather look than at asking prices. An asking price is just what a seller is hoping — or dreaming — to get; it isn’t what the airplane is worth. What an airplane is actually worth is what VREF tracks. And when I pull the VREF values on the single-engine pistons I’ve been appraising lately, a clear pattern shows up:
Older and less expensive airplanes are holding up the best. A clean normally-aspirated G1, G2, or G3 Cirrus SR20 or SR22 is down about 3% over the last twelve months. Older, more classic airplanes — Bonanzas, a Cherokee Six, a clean P210 — are flat to down just a few points. One outlier is the Cessna/Columbia 400 market — those are down about 13%.
The newer and more expensive, cabin-class singles have dropped more. A pressurized Malibu Mirage is down around 12% on VREF value, with other PA-46 pistons and turbines valued a little better, but still down between 8–12% over the last year.
Call it roughly 5% on average across the segment. That’s more than the under-1% you’d guess from asking prices alone — but it’s still less than 15% down over the last year, not a crash. The rule of thumb: the older and less expensive the aircraft, the better the values are holding; the newer and more expensive the aircraft, the more the value has dropped over the last year.
What a Crash Actually Looks Like
Worth being precise about what I mean. A real crash — like 2008–09 — is sudden and disorderly: values plunge almost overnight, financing dries up, buyers walk away from their deposits, and airplanes sit because there’s no one to buy them at any price. New business-jet deliveries fell nearly 34% in a single year, and it took years to climb back. What we have now is the opposite on every count — value drops of 15% or less, financing that’s tighter but still available, and airplanes that are still changing hands. That’s a soft, orderly market, not a crash.
Why Q2 got so quiet
A handful of things piled up at the same time. None of them is a disaster on its own, but together they explain why the phone has been ringing less.
Rates didn’t come down the way everybody expected. Oil shot past $110 a barrel after the conflict with Iran, inflation came roaring back, and the Fed stopped dropping rates — so financing an airplane still costs more, and that takes the urgency out of buyers. Financing also got tighter; the days of 100% loans with no money down are basically over, and lenders want bigger down payments.
The tax rush already happened, too: when the One Big Beautiful Bill brought back 100% bonus depreciation, it set off a mad dash to close before year-end, and a lot of the folks who’d have been shopping this spring already bought last winter. Plus, there are simply more airplanes to choose from now, which hands buyers options and pulls pricing power away from sellers.
So what should you do?
It depends on which side of the deal you’re on.
If you’re selling, price to today’s market — not the 2022 peak, and, unfortunately, not what you paid for the airplane. Realistically priced airplanes are still selling; the ones that sit are the ones chasing a number the market left behind. Keep your logs complete, stay current on inspections (don’t forget those 24-month IFR inspections!) and ADs, and present the airplane well. Have a thorough annual done before putting it on the market. Keep it clean and do whatever cosmetic or avionics fixes or upgrades you’ve been neglecting — you want it to show as well as possible, because there’s a lot of competition out there.
Re-dyeing the leather seats is a cost-effective way to spruce up the interior without replacing the seats. A good wash will certainly help the exterior. Glass in the panel always shows better than steam gauges, so even something simple like an Aspen upgrade, two Garmin GI 275s or G5s, or a 7-inch Garmin G3X will bring value to your airplane and make it show better — any of those are less than $10,000. If you do still have a Garmin 530W or 430W, consider changing them out for a newer Garmin or Avidyne IFD unit; Garmin won’t support the 530W/430W anymore. And Avidyne is quietly ending support for the Entegra system this fall — but the good news is the Avidyne Vantage panels are finally certified.
And if you can wait, give it some thought — the back half of the year is shaping up stronger. The fourth quarter is traditionally the best stretch for used sales, and now that bonus depreciation is permanent, that year-end push resets every fall.
If you’re buying, this is your window. Higher rates have thinned out the competition, there are more airplanes to pick from than there have been in years, and sellers are more willing to deal. If you’ve got cash ready or financing lined up, you’ve got leverage you didn’t have eighteen months ago. Be picky — buy the clean one with good records.
If you’re just holding, relax. There’s no reason to panic-sell. Most piston values are easing off slowly, not collapsing. Patience wins here.
The right move always comes down to your specific airplane, your timeline, and what you’re trying to accomplish. If you’d like a current valuation — or just an honest read on where your airplane sits in today’s market — give me a call. That’s what we’re here for.
Avidyne’s plug and play replacement for the Garmin 430, the Avidyne IFD 440, finally received certification from the FAA last week. The touch screen GPS unit is being marketed as a simple swap out for the Garmin 430. This release follows up Avidyne’s release last year of the IFD 540, also a plug and play replacement, but for the Garmin 530.
The features and touch screen of the GPS units sound quite nifty, but it will be hard for Avidyne to compete with the GTN 750 and 650 from Garmin. The unit prices for the IFD 540 and 440 will be less (and installation is simpler), but we will see how the company does.
The STC allows for installation in 1,000 makes and models of aircraft, according to the company, so there are a lot of possibilities for installs.
In conjunction, Avidyne also released a new version of it’s software for both GPS units. According to Avidyne, this will unlock multiple features that enhances the capabilities of both units.
To read more on the IFD 440 and it’s bigger brother, the IFD 540, check out Avidyne’s website.
