Podcast: The Truth About the Market Host: Jason Zilberbrand, President & CTO, VREF Episode Overview In this episode, Jason takes you deep into one of the most consequential — and least understood — shifts happening in aviation right now: the privacy war brewing between the FAA, public flight-tracking, ADS-B technology, corporate secrecy, celebrity security, and a century-old registry system built on transparency. For the first time in U.S. aviation history, aircraft owners can legally hide their names and addresses from the public Aircraft Registry. At the same time, anyone with a $50 receiver and a Wi-Fi connection can track nearly every movement an aircraft makes. That collision — secrecy vs. transparency — is starting to reshape how aircraft are bought, sold, financed, insured, researched, and verified. Jason breaks down why this is happening, who pushed for it, what it fixes, what it breaks, and how it could fundamentally disrupt the entire transactional backbone of general and business aviation. This is not just a policy update. It’s a structural shift with real consequences for buyers, sellers, brokers, lenders, escrow agents, fleet operators, lawyers, insurers, and appraisers. If you want to understand what’s coming before deals start falling apart, this is the episode you don’t skip. What You’ll Discover in This Episode Why the FAA’s new 2024 Reauthorization Act allows owners to hide their identities — and why that is a seismic break from 100 years of aviation transparencyHow ADS-B tracking turned aircraft movements into public entertainment — and a serious security riskThe real-world stalking, robberies, and legal fights that forced the FAA to take privacy seriouslyThe rise of celebrity jet-tracking accounts — and the national-security implications nobody saw comingWhy foreign owners, corporations, and family offices quietly demanded these privacy reformsHow public tracking data has been weaponized for business intelligence, corporate espionage, and competitive monitoringWhy hiding ownership creates new problems for lenders, escrow agents, insurers, and brokersHow missing registry data threatens the reliability of valuations, lien searches, and chain-of-title verificationThe unintended consequence: we may break the aviation transaction ecosystem without meaning toWhy privacy protections must evolve faster than fraudThe upcoming “identity drought” — and how the industry will need new verification standardsWhat every buyer, seller, and broker must prepare for as the registry shifts from “open book” to “information blackout”Jason’s Truth “When transparency collapses before the industry can replace it with something reliable, we don’t create privacy — we create chaos. Aviation transactions are built on trust, and trust is built on verifiable information. Remove enough of that, and the entire system begins to wobble.” Mentioned in This Episode... Full show notes and podcasts can be found at https://vref.com/podcast/ Brought to You By VREF — The Trusted Name in Aircraft Valuations and Appraisals. When privacy reforms and fragmented data make transactions more complex, accurate valuations and verified history matter more than ever. Know what your aircraft is really worth — and protect your deal with defensible data — at vref.com.