So, let’s say your logs go AWOL what type of impact will that have on your aircraft’s market value? According to the experts, a good average is 20-percent of the retail resale price. “Owners don’t understand that while you can insure the aircraft itself, you can’t buy any coverage for the information in your logbooks.” “We hear stories like this all the time,” he added. Roberto Guerrieri, Bluetail CEO and co-founder, shared a story of a Fortune 100 operator who recently had to write a check for over a half-million dollars to replace some 8130 tags that went missing after one of their A&Ps had been fired. “They may seem simple, but if you can’t prove the parts you installed are legitimate, then you have to go back and reinstall those parts again to maintain airworthiness.”Īnd if you think things like that don’t happen, well, they do. Lose any of them, and it’s a huge problem for the owner,” Illian added. “Of course, the information recorded on FAA 8130-3 tags is equally important. And it can also render the aircraft unairworthy until those documents are replaced.” “If you lose the documentation, it’s an immediate and significant ding on the aircraft’s value (more on that later). That’s how you establish its airworthiness,” he said. “They’re the only proof that all the aircraft’s various inspections, maintenance, repairs, and upgrades were done correctly. There’s a lot more riding on those binders and booklets than the typical owner appreciates – until it’s too late.Īs Stuart Illian, co-founder of Bluetail (a leader in the digitization of paper logs), explained, the typical owners lose sight of the fact the FAA, and most other recognized governing bodies for that matter, require current logbooks for all registered aircraft. If you’ve been following our recent series, you’ve seen how updating avionics, interior, paint, and even enrolling in an engine maintenance program can add to your aircraft’s “value.”īut, while we’ve seemingly covered all of the obvious “value adds,” we’ve overlooked one of the most misunderstood: your aircraft’s logbooks. Bluetail is using the latest in digital scanning, optical character recognition, machine learning, and Amazon Web Services cloud-native applications to not only digitize and store your valuable aircraft logbooks but make them easily searchable, sharable and secure.
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