Israel Slodowitz

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896 appearances 1 recordings 1 series first heard Jun 2026 last heard 20 Jun

Israel Slodowitz’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.

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Sourcery · What a $75 Million Airplane Actually Costs to Own · 20 Jun 2026 podcast

They buy it and they realize there was like four transactions before.

So I think that's like a pretty big mistake people make.

I think corrosion is like really the big thing that gets you when it comes to buying airplanes.

There's nothing that would be more expensive than corrosion because- That sounds terrifying.

It is very terrifying, financially terrifying, because like if you discover corrosion in an airplane, sometimes they will have to re-engineer an entire component

for an actual part of the plane that could take months and cost like hundreds of thousands of dollars.

There's probably nothing that will cost you more money on an airplane than a problem with regard to corrosion, especially with regard to the engines.

Yeah, I mean, aircraft have engine insurance.

It's called engine programs, what they're called, where the manufacturers insure the engine.

I've heard stories of people not enrolling in these programs.

I think David Sacks said that he wasn't enrolling his aircraft in engine programs.

I guess if you have the balance sheet and you want to, and you're willing to withstand, you can afford a pretty big event.

If something happens and you're willing to, you could afford a few months of downtime, you could do that.

But really, you know, the, these engine manufacturers, they really have a monopoly on the supply chain of the engines.

So yeah,

If you're not on a program and something happens, you go to the bottom of the list for the parts.

It is a big issue.

And the companies like us and other companies that can get together and they have some negotiating power can go to these manufacturers and they have some leverage.

But if you're a single person buying an airplane on your own, a single airplane, you don't have a lot of leverage.

And things can get very expensive.

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