Member Details

With 30 years of diverse aviation experience, Jason stands out as an esteemed Accredited Senior Aircraft Appraiser, associated with the American Society of Appraisers (ASA), International Society of Appraisers (ISA), Association of Online Appraisers (AOA), and the Appraisers National Association (ANA). In his illustrious career, Jason has donned various hats: an aircraft broker, acquisition agent, owner, operator, negotiator, consultant, educator, conference speaker, and author. He's imparted air safety knowledge through seminars in collaboration with the Federal Aviation Administration (F.A.A.) FAASTeam and American Bonanza Society. Jason's credibility is bolstered by his recognition as an expert witness in both Federal and State courts. His hands-on experience extends to a vast spectrum of aircraft and related legal matters, from light sport to commercial airliners and from back-to-back breaches of contract to misrepresentation in aircraft purchases.

 

Link: Diminution of Value
Link: Buying and Selling Aircraft Key Areas of Expertise Include:

• Business and commercial aviation transactions.

• Contractual disputes, including aircraft purchase agreements.

• Agent & Lease agreements.

• Aircraft valuations and standards.

• Aircraft depreciation forecasting.

• Engine and airframe maintenance programs.

• Turbine engine preservation.

• Statistical analysis of aircraft values.

• Aircraft resale, import/export.

• Pre-buy evaluation and ownership structure.

 

 

                                            EMPLOYMENT HISTORY

 

VREF Aircraft Value Reference & Appraisal Services                            2018 –President and CTO

• Oversee all day-to-day operations.
• Managesallsoftwaredevelopmentandimplementation.
• Managesmarketingandnewbusiness development.
• Website management, social media management, SEO/SEM Management.
• Oversee data analytics, data mining, and research.
• Complete Aircraft Appraisals for all aircraft types.
• Oversee staff appraisal work and research.
• Work direct with aircraft manufacturers, NetJets, and Fortune 100 clients.
• Assist clients with aircraft acquisition guidance.
• Oversee and consult with clients on aircraft purchase, pre-buy evaluations and agreements.
• Assist in new aircraft ordering and contract negotiations.
• Teach appraisal methodology to staff and vendors.
• Develop and evaluate new formulas and methods for high time aircraft.
• Develop damage history and corrosion guidelines for valuing aircraft.
• Evaluate aircraft and Compile valuation data.
• Consult to counsel on aviation agreement disputes and related litigation.
• Author blogs, white papers, articles, webinars.
• Present at international aviation events, conferences, seminars, and continuing education seminars.

   

  Aurum Jets                                                                                                              2014 –2018

  President

• Directed all aspects of the company with 8 employees and successfully opened multiple internationalofficesinRussia, Ukraine, and India.Completedover$50M ininventory purchases and sales.
• Completed over $1 Billion in Brokered Pre-Owned aircraft sales
• Speaking Engagement at the Russian Business Aviation Forum in Moscow Russia 2014 and 2015
• Managedallforeigngovernmentclients, and completed over two-dozen transactions involving distressed, repossessed or unairworthy assets.
• Activememberoftheaviationcommunitywithaspecialtyinvaluationandmarket forecasting.
• Created numerous Trusts, and LLC’s for aircraft purchase and strategic estate planning.

• The Jet Collection                                                                               2004 –2014

  President

• Directed all aspects of the company with 10 employees and $5M in annual net revenue as brokeranddealerofaircraftwithmorethan$2Bininventory.
• Brokered over $3 Billion in total aircraft sales both new and pre-owned.
• Tomb Stone recipient from National City Commercial Capital Company (NC4) for three transactions: Falcon 7X total gross profit $17,059,000, Global Express XRS total gross profit $10,000,000, and Global Express XRS 2 total gross profit $10,000,000.
• Overcamechallengessuch as economic downturns.
• Gained in-depth knowledge of running an international company; applied moral and ethical attributes to the management of the business in the industry facing numerous obstacles.
• Managed pre-purchase inspections and contract negotiations.
• Oversaw effective branding of company, including marketing, advertising, and website design, introducing strategy that increased revenue40%.
• Built international sales team with representatives in Turkey, Russia, India, France, Germany, UK, China, SouthAmerica, Mexico, and Canada. Emphasized knowledge of aviation, culture, and language.
• Identifiedkeyqualificationsinemployees, including self-motivation, communication, and professionalism to build a solid sales team with excellent closing skills.
• Coached and trained sales team in one-on-one sessions to improve sales skills and build knowledge of the aviation market.
• Owned and operated personal business jet and had numerous aircraft in operation on short term lease.

   

   

  Jet Support Services Inc. (JSSI)                                                                      1994 –2004

  Vice President, Sales

• Builtthrivingterritoryconsistingof25statesforlargestindependentproviderofhourly cost maintenance programs for turbine-powered aircraft; $200M revenue, 50 employees, and 250 new enrollments annually.
• Gainedsubstantialsalesexperienceandconfidence.Earnedrankof#1representative, selling intangible assets with long lead times.
• Exceeded sales quota of 20 new enrollments annually from cold calls.
• Employed persistence over 5 years to close General Motors ,leading to enrollments with Volkswagen, Ford, and Chrysler. Closed 80% of Detroit companies such as Compuware, Delphi, Federal Mogul, Steelcase, Whirlpool, US Bank, Fleet Bank, Provident Bank, Cardinal Health, Wendy’s, Johnson Controls, Altria.
• Expanded aviation knowledge, gaining invaluable insight into the industry from maintenance to operations in order to competently interact with targeted clients.

 

EDUCATION

 

B.A., Psychology, Roosevelt University, Chicago, Illinois, 1999

Minor: Quantitative Statistics

NationalDean’sList-GPA:4.0-

 

 

CERTIFICATES AND CERTIFICATION

 

1. American Society of Appraisers Accredited Senior Appraiser MTS group.
2. USPAPcompliant 3/2019-3/2020
3. ME201, ME202, ME203 and ME204120 hours completed 3/2019
4. SEAK conference Expert Witness Training4/19

RECENT PUBLICATIONS

 

• How regular maintenance can preserve your small plane investment- 4/2019
• How to know when it’s time for a private jet upgrade 4/2019
• The Dos and Don’ts of Hiring Aircraft Appraisers4/2019
• Garmin G3X Touch: The Basics4/2019
• Why You Should Involve a Professional Aircraft Appraiser During Purchase4/2019
• 4 Vital Things That Affect the Aircraft Values for Helicopters4/2019
• FAA Issues Policy Statement for Operating Without ADS-B4/2019
• Here Is Why a Professional Aircraft Mechanic Is Very Important4/2019
• 4 Aircraft Maintenance Tips to Boost Your Helicopter Value4/2019
• Why Is the USPAP Certification Statement Important?4/2019
• What to Consider When Shopping for Your Corporate Private Plane4/2019
• 4 Aircraft Maintenance Tips to Boost Your Helicopter Value4/2019
• 5 Crucial Factors That Affect Private Jet Prices4/2019
• GARMIN G3X TOUCH APPROVED4/2019
• VREF 2019 Forecast 3/2019
• VREF Market Leader Newsletter February 2019 3/2019
• Your Business is Clear for Takeoff: How to Start a Private Jet Charter Business 3/2019
• Arriving in Style: The 4 Best Private Airports in the United States 3/2019
• Everything You Wanted to Know about the Bell 206 Helicopter Series 2/2019
• 10 Things Non-Pilots Don’t Understand about Small Private Jets 2/2019
• The Complete History of the Piston Plane Engine: How the Piston Engine Changed the Skies 2/2019
• How Much is a Helicopter? 7 Helicopters Ranked by Price (Low to High) 2/2019
• Flying Lavishly in a G650: Your Guide to Buying Gulfstream Jets 2/2019
• Double the Engines, Double the Due Diligence: Considerations When Buying a Twin Engine Plane 2/2019
• President Trump’s Aging Business Jet fleet: What it’s Worth! 2/2019
• Airplane Buyers Guide: Top 20 Tips For Beginners 1/2019
• Three of the Best Private Jets with Insane Resale Value (and Two Lemons to Avoid) 1/2019
• A Brief Guide to Aircraft Depreciation 1/2019
• Income, Sales, and Personal Property: An Introduction to Income Taxes for Pilots 1/2019
• 5 of Our Favorite Aviation Stories from 2018 1/2019
• No Employee Business Expenses for Individual Owners: What Light Jet Owners Need to Know 1/2019
• How Long Can You Use the 100 Percent Private Jet Tax Break? 1/2019
• Is an Electric Jet on the Horizon? Industry Innovators Say Absolutely 1/2019
• 5 Airports in Europe Uniquely Qualified to Land Private Planes 1/2019
• VREF helps Donald Trump Value his Aging Air Fleet 1/2019
• Preowned Report: Used Market Hitting the Apex 12/2018
• Guinness World Record for the farthest distance traveled by electric helicopter! 12/2018
• A Beginner’s Guide to the Different Types of Private Jets and Their Amenities 12/2018
• Skunk Works and the development of the SR-71 12/2018
• Chuck Yeager “Rocket Man” 12/2018
• VREF Market Leader Newsletter Volume 4 2018 11/2018
• 10 Shocking Airplane Facts Every Frequent Flyer Needs to Know About 11/2018
• Hugh Hefner’s DC-9 the Real Playboy Mansion! 11/2018
• Elvis Ain’t Nothing But a Hound Dog! 11/2018
• James Brown’s 1965 Learjet 23 cost $713,000 in 1966 10/2018
• VREF Market Update June 2018
• Vref Market Leader Newsletter 2018 Vol 2 Spring
• VREF Market Leader Newsletter August 2018
• Bill Lear: The Learjet and the 8-Track Audio Player 9/2018
• Fun Aviation Facts that you probably don’t know! 9/2018
• The Importance of Getting an Aircraft Appraisal for Your Plane 9/2018

 

 

 RECENT APPRAISALS

 

 

 

Interest

Property Type

Purpose

Beech 1900D

Aircraft

FMV Report

Aero Sport

Aircraft

FMV Report Cost Replacement

Piper Comanche

Aircraft

FMV Report

Sling 2

Aircraft

FMV Report

Beech Bonanza

Aircraft

FMV Report

CL 604

Aircraft

FMV Report

G200

Aircraft

FMV Report

Cessna 421C

Aircraft

FMV Report

Piper Meridian

Aircraft

FMV Report, refi

Legacy 650

Jet, Business Jet, Turbo Prop, piston aircraft, helicopter, airline, parts, inventory, diminution of value specialist, damage, damage assessment, DOV