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Mon, Jul 14, 2003

How To Get Rich Quick In Aviation

Buy Stolen Cuban Plane, Sell It On The Internet

A Soviet-era plane, hijacked from Cuba to Key West (FL), fetched a pretty penny for its temporary owner over the weekend. The owner bought the Antonov AN-24 for a ridiculously low price, then went on the internet to sell it at almost a thousand-percent profit.

Matthew Orverton, a 25-year old pilot and auto mechanic from Greeley (CO) bought the Antonov at a government auction in June. The aircraft had been hijacked to Key West. The hijacker, Adelmis Wilson Gonzalez, was sentenced Friday to as much as life behind bars.

Overton plunked down $6500 for the AN-24. He said he wanted to have the aircraft certified by the FAA for flight in the United States, but that turned out to be way too much of a hassle. So, what do you do with an AN-24 that can't fly?

Sell that puppy on eBay.

That's exactly what Overton did. The 10-day auction drew 96 bids. The winner agreed to pay $59,100 for the Antonov -- still a steal, even if Overton did make ten times his original investment.

What will the Greeley pilot and auto mechanic do with the money? He says he's going pay off his bills and become a flight instructor. Personally, we think he might have a future in the commodities market.

FMI: www.ebay.com

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ANN's Daily Aero-Term (11.28.25): Unmanned Aircraft System (UAS)

Unmanned Aircraft System (UAS) An unmanned aircraft and its associated elements related to safe operations, which may include control stations (ground, ship, or air based), control>[...]

ANN's Daily Aero-Linx (11.28.25)

Aero Linx: Cactus Fly-In The Classic Airplane Association of Arizona, Inc. (CAAA) was incorporated in Arizona as a not for profit corporation on January 10, 2014. The CAAA roster i>[...]

Airborne 11.21.25: NTSB on UPS Accident, Shutdown Protections, Enstrom Update

Also: UFC Buys Tecnams, Emirates B777-9 Buy, Allegiant Pickets, F-22 And MQ-20 The NTSB's preliminary report on the UPS Flight 2976 crash has focused on the left engine pylon's sep>[...]

Airborne 11.26.25: Bonanza-Baron Fini, Archer v LA NIMBYs, Gogo Loses$$$

Also: Bell 505 on SAF, NYPA Gets Flak For BizAv 'Abuse', FAA Venezuela Caution, Horizon Update Textron Aviation has confirmed it will be ending production of the Beechcraft Bonanza>[...]

Airborne-NextGen 11.25.25: EHang Manned Flt, Army UAVs, Starship V3 Booster Boom

Also: FedEx SAF, Archer Midnight Powertrain Tech, Rocket Lab Record, Perseverance Rover Find EHang has logged a major milestone in the development of its pilotless air taxi, loggin>[...]

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© 2007 - 2025 Web Development & Design by Pauli Systems, LC


Debugging Information
ColdFusion Server Enterprise 2023,0,16,330828
Template /emailarticle.cfm
Time Stamp 02-Dec-25 03:29 AM
Locale English (US)
User Agent Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)
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Execution Time

Total Time Avg Time Count Template
87 ms 87 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/parsed/main.textpost.cfm
87 ms 87 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/Application.cfc | onRequest(/emailarticle.cfm) ] from C:/inetpub/wwwroot/clients/aero-news.net/Application.cfc
66 ms 66 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/model/main/actTextPost.cfm
5 ms 5 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/Application.cfc | onRequestStart(/emailarticle.cfm) ] from C:/inetpub/wwwroot/clients/aero-news.net/Application.cfc
4 ms 4 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/model/main/actWidgets.cfm
4 ms 4 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/view/layout/dspWidgets.cfm
2 ms 2 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/fusebox.init.cfm
2 ms 2 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/model/main/qryTextPost.cfm
2 ms 2 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/view/display/dspTextPost.cfm
2 ms 2 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/view/layout/dspBannerAds.cfm
1 ms 1 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/model/main/qryAnnouncements.cfm
1 ms 1 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/model/main/qryNewscats.cfm
1 ms 1 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/view/layout/widgets/widget_234BannerZone.cfm
1 ms 1 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/Application.cfc | onRequestEnd(/emailarticle.cfm) ] from C:/inetpub/wwwroot/clients/aero-news.net/Application.cfc
1 ms 1 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxApplication.cfc | compileRequest(main.textpost, CFC: fckeditor.fb551.fusebox5.myFusebox) ] from C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxApplication.cfc
1 ms 1 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/myFusebox.cfc | init(fusebox, [complex value], [complex value]) ] from C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/myFusebox.cfc
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0 ms 0 ms 1 C:/inetpub/wwwroot/clients/aero-news.net/view/layout/widgets/widget_topvideos.cfm
0 ms 0 ms 13 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/components/utils.cfc | RandomNumber() ] from C:/inetpub/wwwroot/clients/aero-news.net/components/utils.cfc
0 ms 0 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/components/utils.cfc | tagstripper() ] from C:/inetpub/wwwroot/clients/aero-news.net/components/utils.cfc
0 ms 0 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxAction.cfc | getAccess() ] from C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxAction.cfc
0 ms 0 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxApplication.cfc | expandFuseboxPath(parsed/) ] from C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxApplication.cfc
0 ms 0 ms 2 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxApplication.cfc | getCoreToAppRootPath() ] from C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxApplication.cfc
0 ms 0 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxApplication.cfc | getVersion() ] from C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxApplication.cfc
0 ms 0 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxEvent.cfc | init([complex value], [complex value], CFC: fckeditor.fb551.fusebox5.myFusebox) ] from C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/fuseboxEvent.cfc
0 ms 0 ms 2 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/myFusebox.cfc | getMyself() ] from C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/myFusebox.cfc
0 ms 0 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/myFusebox.cfc | getSelf() ] from C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/myFusebox.cfc
0 ms 0 ms 1 CFC[ C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/myFusebox.cfc | trace(Fusebox, Request completed) ] from C:/inetpub/wwwroot/clients/aero-news.net/fb551/fusebox5/myFusebox.cfc
2 ms  STARTUP, PARSING, COMPILING, LOADING, & SHUTDOWN
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GetAnnouncements (Datasource=AeroNews, Time=0ms, Records=1, Cached Query) in C:\inetpub\wwwroot\clients\aero-news.net\model\main\qryAnnouncements.cfm @ 03:29:18.018
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qryAudio (Datasource=AeroNews, Time=0ms, Records=0, Cached Query) in C:\inetpub\wwwroot\clients\aero-news.net\model\main\qryAudio.cfm @ 03:29:18.018
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qryWidVideo (Datasource=AeroNews, Time=0ms, Records=3, Cached Query) in C:\inetpub\wwwroot\clients\aero-news.net\model\main\qryWidVideo.cfm @ 03:29:18.018
SELECT TOP 3
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SELECT 
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NewsCategories2 (Datasource=AeroNews, Time=0ms, Records=8, Cached Query) in C:\inetpub\wwwroot\clients\aero-news.net\model\main\qryNewscats.cfm @ 03:29:18.018
SELECT 
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