By Eric Popper

Introduction

Embarking on a career in performing aircraft appraisals presents a unique blend of challenges and opportunities. As the aviation industry continues to evolve, the demand for skilled appraisers who can accurately assess the value of aircraft and related assets remains robust. For novices entering this field, understanding the career prospects and the significance of networking is crucial for long-term success.

Is Performing Aircraft Appraisals a Good and Growing Career?

The aviation industry is experiencing significant growth, leading to an increased demand for various professionals, including appraisers. According to Boeing’s Pilot and Technician Outlook, the commercial aviation sector anticipates a need for 284,000 new pilots, 402,000 new technicians, and 599,000 new cabin crew members over the next 20 years (Boeing). This expansion suggests a parallel need for appraisers to evaluate a growing fleet of aircraft.

Moreover, the industry is witnessing a demographic shift, with many seasoned professionals approaching retirement. This trend, often referred to as “aging out,” creates opportunities for newcomers to fill the impending gaps. As experienced appraisers retire, the demand for fresh talent to undertake accurate valuations of aircraft and related assets is expected to rise.

The evolving landscape of aviation, characterized by technological advancements and a focus on sustainability, further underscores the importance of skilled appraisers. New aircraft models, innovative materials, and eco-friendly technologies require appraisers to stay abreast of industry developments to provide accurate assessments. This dynamic environment not only ensures the relevance of the appraisal profession but also offers avenues for continuous learning and specialization.

Advice for Novice Appraisers: How and Why to Network

Networking is a pivotal component of a successful career in aircraft appraisals. Building and maintaining professional relationships can lead to job opportunities, mentorship, and a deeper understanding of industry trends. Here are strategies to effectively network within the aviation community:

1. Join Professional Associations

Becoming a member of organizations such as the American Society of Appraisers (ASA) the International Society of Transport Aircraft Trading (ISTAT) or the Organization of Flying Adjusters (OFA) provides access to resources, events, and a community of professionals. These associations often offer forums, workshops, and conferences that are invaluable for learning and networking.

2. Attend Industry Events

Participating in aviation conferences, trade shows, and seminars allows for face-to-face interactions with industry leaders and peers. The OFA has two live events every year that are packed with educational opportunities you won’t find anywhere else. Events like the National Business Aviation Association (NBAA) Convention & Exhibition or the Aircraft Interiors Expo are excellent venues to expand your professional network.

3. Utilize Online Platforms

Leveraging platforms like LinkedIn to connect with professionals, join industry-specific groups, and engage in discussions can enhance your visibility and credibility. Regularly sharing insights or articles related to aircraft appraisals can position you as an informed and active member of the community.

4. Seek Mentorship

Identifying and building relationships with experienced aircraft appraisers can provide guidance, knowledge sharing, and support as you navigate your career. Mentors can offer valuable perspectives on industry challenges and best practices.

5. Volunteer and Contribute

Offering your time and expertise to industry initiatives, committees, or research projects can increase your visibility and lead to meaningful connections. Volunteering showcases your dedication and willingness to contribute to the field.

The Importance of In-Person Networking and Phone Communication

While digital communication has become prevalent, traditional methods like in-person meetings and phone calls remain vital in the aviation industry.

• Building Trust: Personal interactions foster trust and rapport more effectively than emails or messages. Meeting someone face-to-face or hearing their voice can establish a stronger connection, which is essential in a field where credibility is paramount.
  
  
• Effective Communication: Complex discussions, negotiations, or clarifications are often better handled through direct conversation. The nuances of tone and immediate feedback in phone calls or meetings can lead to more productive outcomes.
  
  
• Networking Events: Attending workshops, seminars, and conferences provides opportunities to meet industry professionals, share experiences, and discuss emerging trends. These events often lead to collaborations and referrals that can significantly impact your career.
  
  

Conclusion

A career in performing aircraft appraisals is both promising and dynamic, offering opportunities for growth as the industry expands and evolves. For novice appraisers, investing time and effort into networking—through professional associations, industry events, online platforms, mentorship, continuous learning, and volunteering—is crucial.

Embracing both modern and traditional communication methods will enhance your professional relationships and open doors to new opportunities. As the aviation sector continues to grow, well-connected and knowledgeable appraisers will be essential in navigating the complexities of aircraft valuation and insurance claims adjustment.

If you’re looking to advance your career in aviation appraisal, consider mentorship, structured networking, and continuous education—all of which are key to long-term success in this exciting field! 🚀