Aviation, Gratitude, and a Global Express | EPISODE 13

Aviation, Gratitude, and a Global Express | EPISODE 13

Author: Jason Zilberbrand November 25, 2025 Duration: 14:13

Podcast: The Truth About the Market Host: Jason Zilberbrand, President & CTO, VREF

Episode Overview

In this Thanksgiving special, Jason steps away from depreciation curves, absorption rates, and market chaos to talk about something aviation doesn’t celebrate nearly enough: gratitude.

But don’t worry — this isn’t some soft, sentimental detour.

This is an episode about the real aviation world we all live in: the chaos, the beauty, the people who keep airplanes flying, the market that refuses to die, and the stories that could only ever happen in this industry.

Including the true story of the time Jason simultaneously cooked a Thanksgiving turkey and negotiated the sale of a Global Express with a buyer in Turkey.

Episode 13 is part celebration, part confession, part industry-wide love letter — and part reminder that aviation is still here, still resilient, and still miraculous, even in its messiest moments.

What You’ll Discover in This Episode

  • Why aviation has perfect comedic timing — and an uncanny ability to humble you at the exact moment you feel invincible
  • The overlooked everyday miracles of flying
  • The PT6 spool-up.
  • The sunrise on a frozen ramp.
  • The quiet intensity of a controller juggling 18 airplanes and four emergencies.
  • The real backbone of aviation — the invisible people who keep the entire system alive
  • Mechanics. Line techs. Instructors. Avionics wizards. Dispatchers. Ramp crews.
  • The people who show up long before and long after anyone else.
  • The giant truth aviation professionals never say out loud: we are terrible at gratitude
  • Why the aviation market simply refuses to die — even after recessions, pandemics, supply-chain collapses, interest rate spikes, and predictions of doom
  • How passion — not spreadsheets — has kept general and business aviation unbreakable
  • Why private aviation will always outcompete commercial airlines (and why TSA practically guarantees it)
  • The human side of aircraft values — what every VREF number actually represents
  • A widow settling her husband’s estate.
  • A mechanic keeping a dream alive.
  • A broker grinding until 3 a.m. to get the deal closed.
  • The Thanksgiving Day Global Express story Jason has never told before
  • How he cooked a turkey
    • …while fielding a real-time offer
    • …from a buyer in Turkey
    • …for a large-cabin jet
    • …on a holiday
    • …with a kitchen full of guests.
  • Why, after everything the industry has endured, aviation is still standing — tired, bruised, more expensive than ever… but standing

Jason’s Truth

“Aviation only works because humans show up with pride. Aluminum doesn’t hold this industry together — people do. And passion, more than economics, is why aviation is still here.”...

Complete show notes can be found at https://vref.com/news/episode-13-aviation-gratitude-and-a-global-express-11-25-25

Brought to You By

VREF — The Trusted Name in Aircraft Valuations and Appraisals.

Whether you fly a piston single or manage a business jet fleet, VREF keeps you grounded in data that matters.

Know what your aircraft is really worth — before you buy, sell, or finance — at vref.com.


Hosted by Jason Zilberbrand, VREF | The Truth About the Aviation Market cuts through the noise to deliver clear-eyed analysis on how aircraft hold and lose their value. This isn't just industry news; it's a deep dive into the economic forces, market trends, and regulatory shifts that directly impact valuation. Each episode leverages the authoritative perspective of VREF, a leader in appraisal services, translating complex market data into actionable insights. Whether you're a pilot, an owner, an investor, or simply fascinated by the business of flight, you'll find a grounded conversation that connects the dots between current events and your bottom line. The discussions are built for those who operate where leisure, business, and aviation intersect, offering a unique lens on asset management and market intelligence. Tune in for a candid and expert-driven exploration of what really drives the aviation marketplace, making this podcast an essential tool for anyone with a stake in the skies.
Author: Language: English Episodes: 50

VREF | The Truth About the Aviation Market
Podcast Episodes
The Most Expensive "Peace of Mind" In Aviation | EP 56 [not-audio_url] [/not-audio_url]

Duration: 42:31
An owner has been paying into an engine program for 11 years.More than $1 million contributed.The airplane is worth roughly $3 million.And the overhaul those payments are supposed to protect him from is still four to fiv…
The Market Split In Half: The Numbers Don't Lie | EP 55 [not-audio_url] [/not-audio_url]

Duration: 46:13
The September 1 VREF value revision is live—and the numbers tell a very different story than the broad “strong market” or “weak market” headlines.Business jet transaction volume is down nearly 19% year to date, essential…
The "Ferrari Problem" Is Coming For Aviation | EP 53 [not-audio_url] [/not-audio_url]

Duration: 30:08
How does an entire market start pricing assets at numbers buyers have never actually paid?That’s the question behind Episode 53 of The Truth About the Market.And although Jason starts with Ferrari, this episode is really…
The $2 Million Loss Your Insurance May Never Mention | EP 52 [not-audio_url] [/not-audio_url]

Duration: 41:45
An $8 million Citation CJ4 is sitting on a ramp. The owner isn’t flying it. He isn’t even in the country. A line guy hooks up a tug, gets distracted, and tows it into a hangar improperly.Forty seconds later, the damage i…
The "Red Hot" Jet That No One Is Selling | EP 51 [not-audio_url] [/not-audio_url]

Duration: 30:16
In this episode, we cover:• Why the Challenger 3500 has become the industry’s favorite proof that the super-midsize market is running hot• What Jason found after reviewing every recorded Challenger 3500 transfer• How man…
Aviation's Alphabet Mafia | EP 50 [not-audio_url] [/not-audio_url]

Duration: 28:10
In this episode, we cover:• What public IRS Form 990 filings reveal about executive compensation• The reported compensation of the National Business Aviation Association’s president and CEO• How additional compensation c…
The Jet That’s Worth More Dead Than Alive | EP 49 [not-audio_url] [/not-audio_url]

Duration: 24:00
In this mailbag episode of The Truth About the Market, Jason answers a question from Paul Bordeaux, Chief Pilot at Hargrove Engineers and Constructors:How should a buyer evaluate future demand for an out-of-production bu…
Oshkosh: Where Dreams, Deals, and Bad Numbers Collide | EP 48 [not-audio_url] [/not-audio_url]

Duration: 28:43
In this episode, we cover:• Why Oshkosh is the largest aircraft transaction event nobody calls a transaction event• How more than 700,000 people and 10,000 aircraft turn AirVenture into a live market signal• Why deals at…
Why Some Airplanes Sell In Days While Others Just Sit | EP 47 [not-audio_url] [/not-audio_url]

Duration: 25:43
In this episode, we cover:• Why “the aircraft market” is never just one market• Why the better question is not whether the market is up or down, but which market you are talking about• Why some aircraft still sell in day…