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Books by Dr. Clay W. Carter
Three published works spanning the professional practice of hangar valuation, aviation market economics, and the investment history of flight.
Three published works spanning the professional practice of hangar valuation, aviation market economics, and the investment history of flight.
The definitive academic reference for aircraft hangar valuation, covering the federal regulatory framework, airport ground lease structures, and the cost, income, and sales-comparison approaches adapted for aviation-specific conditions. Includes dedicated treatment of PFAS contamination, USPAP-compliant reporting, Standard 3 review, and specialty properties including T-hangars, FBOs, MRO facilities, vertiports, and sustainable aviation fuel infrastructure.
Required reading for aviation lenders, appraisers, airport authorities, and institutional investors entering the hangar market.
An economic look at aviation market access, examining how mid-size South American cities can build the air connectivity and market positioning to capture US consumer demand.
The story of the capital behind the airplane: the early investors who financed aviation before it was an industry, and what their bets reveal about backing transformative technology.
The same rigor behind the books drives every valuation, expert witness, and diligence engagement.
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