Porsche A Stock Market Giant

Written on February 18, 2012 at 9:20 am, by hkraemer

Three years ago, Volkswagen found itself fearing a foreign takeover. Porsche, the company, decided to step in and start buying VW stock ostensibly to protect the landmark brand, widely fueling market expectations that it would eventually buy Volkswagen outright. Of course, this isn’t quite what came to pass.

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Kitfox IV Appraisal

Written on February 14, 2012 at 6:30 pm, by hkraemer

The aircraft is hangared at the Frederick Municipal Airport in Frederick, Maryland (KFDK).  The aircraft was built by the current owner Doug Kelly.  Overall the aircraft is in very good condition.  It has been painted to resemble the famous racing plane the Howard DGA-6 (Mister Mulligan).  Click here for more info on Mister Mulligan.

The aircraft was completed (built) by the owner from a kit (non “quick-build”) and gotten to flying stages between 1992 and 1998. Phase 1 was completed during the next six months. N213Y was kept on a trailer and stored in a garage between flights for about 3 years after which a hangar became available at KFDK.  The aircraft has been stored in the hangar since.

It should be noted that N213Y has numerous upgrades and modifications and overall the aircraft is in excellent condition.  The aircraft has systems that are usually found on larger and/or production aircraft such as the angle of attack indicating system and electric trim.  The aircraft is an excellent example of a home built aircraft.

A search of the NTSB and FAA databases showed no accidents or incidents.

This aircraft, N213Y, was personally inspected on February 9 2010 by Harry Kraemer an industry trained/certified appraiser at the Frederick Municipal Airport (KFDK).

The information herein has been prepared from many sources and believed to be correct. The appraiser cannot warrant the accuracy of the source material.  The appraiser referenced numerous websites for data and information to compute a fair market value on N213Y.  At the time of the appraisal there were no comparables listed on the many “aircraft for sale” websites.

An inspection and inventory was conducted by a physical examination of the external surfaces of the aircraft, cockpit and passenger cabin. It includes an inventory and assessment of condition of avionics, instrumentation and aircraft systems. No inspection plates were removed for internal inspection. Further, the logbooks and other aircraft records were carefully examined for compliance with FAA regulations relating to Airworthiness Directives, damage and maintenance history, along with other required inspections. All aircraft records were presumed to be authentic, unaltered, and signatures and inspections therein by persons designated and appropriately licensed.  AD compliance was attested to by referencing the date of last Annual Inspection or other appropriate Inspection.

The fair market value for N213Y is based on the research stated in this report and historical sales data versus appraisal values.

A visual inspection and log book analysis was performed 02/09/2012 on the aircraft N213Y at: Frederick Municipal Airport, located in Frederick, Maryland.  It is the opinion of this appraiser that the fair market value of the above aircraft is: $24,548.00 USD

Click here for the full appraisal report.

Click here for the Flymall Market Watch for the Kitfox IV 1200.

Click here for the Flymall Market Watch for the Rotax 912 UL engine.

Click here for more pictures of the appraised aircraft.

Volkswagen 1 Litre Car

Written on February 5, 2012 at 8:36 pm, by hkraemer

I have been following this car since it was first announced in 2001 or 2002.  And just this month (Feb 2012) Volkswagen has said that they will build a limited number in 2013.

Click here for more details

Click here for pictures

Click here for VWs earlier three wheeler car

 

 

Harley Davidson Car

Written on January 30, 2012 at 5:41 pm, by hkraemer

Yes, the legendary manufacturer of the classic Harley-Davidson motorcycle now long past celebrating its 100th Anniversary did indeed sell an automobile… well, kind of.

For many years in addition to its Big Twin cruisers and lighter weight Sportsters. Harley-Davidson made three-wheelers in the form of utility and police “trikes,” but they were Barney Rubble lumps compared to the svelte Mirage Fighter looks of the short-lived, but fast-paced Tri-Hawk, circa 1984. Chances ar you didn’t ogle one in your local Harley dealer’s showroom for they appeared only briefly, and were chalked up to a selling miscalculation and rather rapidly deselected from the Milwaukee line-up.

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Cirrus and Aero News Network

Written on January 9, 2012 at 8:35 am, by hkraemer

Cirrus is attacking ANN for telling the truth.

Click here for the story on ANN

Harrison Township Home For Sale

Written on December 29, 2011 at 2:15 pm, by hkraemer

25203 Anchorage, Harrison Twp., MI 48045 Home for sale by owner.

Brick/ Vinyl Colonial. Square feet: 1572. 3 Bedrooms. 1.5 Bathrooms. Family Room with Natural Fireplace. Attached 2 Car Garage. Wood Deck

Features-
Bedrooms: 4
Bathrooms: 1.5
Living Room
Family Room with Natural Fireplace
Basement
Attached 2 Car Garage
Wood Deck
Concrete Patio

Recent Updates
Architectural Shingle Roof
Vinyl Siding
Gutters and Down Spouts
Blown in Fiberglass Attic Insulation
Carrier Furnace & A/C
Concrete Driveway
Stone Porch & Fascia
Kitchen Cabinets & Counters

Other Features
Anderson Windows & Door Walls
Carrier Gas Furnace and A/C
Fenced in Yard
Window Awnings
Ceiling Fans in Kitchen & Master Bedroom
Vertical Blinds

Contact Bill @ 248 431 9594

Click here for details

Tags: Harrison Township home for sale by owner, Harrison Township single family home for sale, Harrison Township house for sale by owner, Harrison Township MI home for sale

Student Pilot Lands on Residential Street

Written on November 26, 2011 at 11:49 am, by hkraemer

Said GPS Told Him Subdivision Street Was Nearby Airport

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Runway Crossing Procedure Change

Written on November 20, 2011 at 5:07 pm, by hkraemer

Beginning June 30, 2010, controllers will be required to issue explicit instructions to cross or hold short of each runway that intersects a taxi route. “Taxi to” will no longer be used when issuing taxi instructions to an assigned take-off runway.

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Frederick Airport Landing Accident

Written on November 14, 2011 at 9:47 am, by hkraemer

August 2010 – During a Phase III inspection of the airplane, the Director of Maintenance for the operator noticed that the airplane’s firewall was damaged. The damage was reported to the nearest Federal Aviation Administration (FAA) Flight Standards District Office, and verified by the FAA. The damage occurred between the Phase II and Phase III inspection. The airplane had flown 48.2 hours since the Phase II inspection. According to the FAA, the damage was a result of a hard landing. The purpose of the flight and composition of the flight crew was not determined. In addition, the date, actual location, and time of the accident were not determined.

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No Fly Zones on the Moon?

Written on November 9, 2011 at 9:30 am, by hkraemer

NASA Wants To Protect Footprints, Among Other Things

It seems incredible to be saying this, but it won’t be long until private citizens are traveling in space, and NASA is suggesting there should be protections against tourists spoiling the historic landing sites of the six Apollo missions which went to the Moon between 1969 and 1972. USA Today reports NASA wants no-fly zones of 1,200 acres around the landing sites of Apollo 11 and 17, and no pedestrians allowed within 82 yards of Neil Armstrong’s “one small step for man.”

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