AOPA Pilot Magazine - January 2015 - 100

NEWS & NOTES

AOPA FINANCE

AOPA ACTION

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ACTION IN THE STATES

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WHEN A PILOT MAKES the decision to

buy an airplane, the first question that
needs to be answered is, "How are you
going to pay for it?" AOPA Aviation
Finance can make the process as painless as possible.
First you need to decide which
airplane-and the more specific, the
better. "Terms, down payment, and
the interest rate all vary depending on
what airplane you want to buy," said
AOPA Senior Credit Analyst Brian
Macbean. Second, how do you intend
to use the aircraft? If it's going to be
leased back to a flying club or there
will be some charter usage-versus
strictly personal or business flying-it
makes a big difference to the lenders.
AOPA offers an online, simplified
application. Lenders will want to see
two years of tax returns and W-2s as
well as a current year-to-date income
statement (such as your latest paycheck stub). An aircraft loan typically
takes a couple days for all the approvals. "It can be faster," says Macbean,
"but the lenders need to do a complete
credit review.
"We have more than a dozen lenders that specialize in understanding
airplanes. They know the market,"
Macbean said. "Every lender is a bit
different; some are stricter, so we
know where you'll be approved."
Visit the website (http://finance.
aopa.org) or call 800-62-PLANE
(75263) to determine which loan
works best for you.
When you rely on AOPA Aviation
Finance, you're supporting AOPA and
protecting your freedom to fly, supporting the GA infrastructure, and
helping grow the pilot population.
WEB

http://finance.aopa.org

100 | AOPA PILOT January 2015

October 2014 to be Aviation Appreciation

AOPA and the Massachusetts Department of

Month. HAWAII: AOPA is reviewing a proposal

Transportation are working to update an eco-

to install a test wind farm three miles from the

nomic impact report on the state's airports.

Waimea-Kohala Airport. IDAHO: AOPA

Public airports in the state produce nearly $12

Regional Manager Dave Ulane discussed GA

PLANNING TO BUY
AN AIRCRAFT?

billion in annual economic activity. MICHIGAN:

and airport issues with more than 200

AOPA testified before Michigan's Senate

regional airport and aviation professionals at

Judiciary Committee on the importance of

the Northwest Chapter of the American

H.B.5178, legislation to provide liability protec-

Association of Airport Executives annual con-

tion for private airfield owners who open their

ference in Boise. ILLINOIS: Students at

fields to public use. MINNESOTA: AOPA is tak-

Southern Illinois University's School of

ing part in efforts to improve the state's

Aviation learned about the challenges facing

airport zoning regulations, recently participat-

the GA industry during a presentation from

ing in a meeting of the Minnesota Airport

Regional Manager Bryan Budds. INDIANA:

Zoning Advisory Group. MISSISSIPPI:

AOPA Vice President of Airports and State

According to a new study from the Mississippi

Advocacy Greg Pecoraro provided the

Department of Transportation, the state's 73

Aviation Association of Indiana with an update

airports are a significant economic engine,

on AOPA's initiatives during its annual meet-

generating more than $2.5 billion in annual

ing in Florence. IOWA: AOPA Regional

economic activity. MISSOURI: AOPA met with

Manager Yasmina Platt reviewed plans for

airport and aviation officials from Missouri,

2015 legislative initiatives in support of GA

Kansas, Nebraska, and Iowa at the Four States

when the Iowa Office of Aviation and other

Airport Conference to talk about how to make

stakeholders at the Four States Airport

airports friendlier and educate the public

Conference. KENTUCKY: AOPA took part in

about their value. MONTANA: AOPA contin-

the Kentucky Aviation Conference, where the

ues to work to mitigate the impact of the

future of unmanned aerial systems and the

Powder River Special Use Airspace proposal,

state's GA airports were discussed.

which would cover up to 28,000 square miles

LOUISIANA: The Louisiana Airport Managers

in Montana and surrounding states.

and Associates Conference brought together

NEBRASKA: Ronnie Mitchell, the director of

airport officials and pilots to focus on the chal-

the Nebraska Department of Aeronautics, met

lenges and opportunities for GA airports in

with AOPA Regional Manager Yasmina Platt

the state. MAINE: The MaineFlying.com web-

to discuss protecting airports and welcoming

site was recently launched to build community

newcomers to flying. NEVADA: AOPA

among GA pilots in the state. MARYLAND:

Regional Manager John Pfeifer is working with

AOPA's regional managers gathered for their

the Nevada Airports Association to have an

annual meeting at AOPA headquarters where

allocation for the Nevada Aviation Trust Fund

they discussed advocacy efforts and pro-GA

included in the next budget cycle. NEW

strategies for all 50 states. MASSACHUSETTS:

HAMPSHIRE: High school students statewide

KANSAS: Regional Manager Yasmina Platt and
Airport Support Network Director Joey
Colleran flew 700 nm to 10 airports over
three days sharing information about Kansas
aviation and GA with more than 600 schoolchildren in the 2014 Fly Kansas Air Tour
(http://blog.aopa.org/vfr/?p=1781).
http://www.MaineFlying.com http://finance.aopa.org http://finance.aopa.org http://blog.aopa.org/vfr/?p=1781 http://finance.aopa.org
AOPA Pilot Magazine - January 2015

Table of Contents for the Digital Edition of AOPA Pilot Magazine - January 2015
