How To Get Rich Quick In Aviation | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.23.25

Airborne-NextGen-06.24.25

AirborneUnlimited-06.25.25

Airborne-AffordableFlyers-06.26.25

AirborneUnlimited-06.27.25

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

Advertisement

More News

NTSB Prelim: Piper PA-23

Pilot Also Reported That Due To A Fuel Leak, The Auxiliary Fuel Tanks Were Not Used On June 4, 2025, at 13:41 eastern daylight time, a Piper PA-23, N2109P, was substantially damage>[...]

ANN FAQ: Submit a News Story!

Have A Story That NEEDS To Be Featured On Aero-News? Here’s How To Submit A Story To Our Team Some of the greatest new stories ANN has ever covered have been submitted by our>[...]

Classic Aero-TV: One Man’s Vietnam

From 2023 (YouTube Edition): Reflections on War’s Collective Lessons and Cyclical Nature The exigencies of war ought be colorblind. Inane social-constructs the likes of racis>[...]

ANN's Daily Aero-Linx (07.03.25)

Aero Linx: Colorado Pilots Association (CPA) Colorado Pilots Association was incorporated as a Colorado Nonprofit Corporation in 1972. It is a statewide organization with over 700 >[...]

ANN's Daily Aero-Term (07.03.25): High Speed Taxiway

High Speed Taxiway A long radius taxiway designed and provided with lighting or marking to define the path of aircraft, traveling at high speed (up to 60 knots), from the runway ce>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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