Since 1994, broker Steven Orr has served as president and owner of his financial investment firm Orr Financial Group based in Victoria, Texas. In his down time, broker Steven Orr is a licensed pilot and flies one of the fastest piston airplanes in the world.
The difference between piston airplanes and regular airplanes is that piston planes have one or more piston-powered engines that connect to propellers. This provides the thrust the airplane needs to get off the ground and soar through the air. These types of planes typically fly at altitudes below 15,000 feet. Many of these planes seat one to six passengers and usually don’t fly further than 300 to 400 miles in one trip, making them an ideal choice for business travel.
Pilots and airplane owners should keep in mind that each piston plane has a magic number associated with it. Known as TBO (time between overhauls), this signifies the number of hours the engine manufacturer expects pilots can operate the engine before the engine needs to be taken apart and have its components repaired or replaced. Although the number varies, it is typically around 2,000 hours. However, pilots can extend the life of the engine by flying regularly, lubricating the cylinders, and monitoring the engine.