Originally posted by Bodhi
Virgil,
I have seen the aircraft back in 2001 or 2002, can not remember which time I was out there. Anyways, the aircraft is in very sad shape, and is parts salvagable only. I can not release it's location as I was asked not to by the owner when I was dealing with him.
The reason the insurance company attempted to destroy the aircraft was because a settlement was paid. At that point the aircraft belonged to them. For them it was smart to destroy it then sell it as scrap (that way they could never lose money on it again), which they did do, with the former owner getting first dibs on the purchase.
Will it fly again, it's possible, but I highly highly doubt it.
I would not ask you to divulge the whereabouts of the plane. I know the pictures I saw from the scene, before the guy butchered it during the recovery, and before the insurance company butchered it when they got their hands on it, showed that there was hope for it.
No longer than it flew, I'm sure the insurance company did lose money on it. However, I see no excuse, profit wise, for doing more damage to the plane. They could just as easily have sold the wreck for more money (the difference would likely have been a lot more than they paid to have the dozer drive over it), and never insured it again. The loss was already there, further damage causing the wreck to be worth less couldn't possibly save them any money, or prevent them from losing more. It's sort of like when the total a car, once it has been totaled, it can only be titled as a rebuild in most states. Crushing it will only mean you get less for what's left.
I too doubt it will ever fly again. I'm sure the stupidity of the insurance company nearly guaranteed that. I was told by people who knew Pruett that he was not interested in fixing it.
I had heard before that the story that it had been cut up for salvage was a cover up invented to keep Pruett from being hassled about it.
Several years ago, a guy named Rick Flaherty offered me a huge bunch of parts he claimed to own. It amounted to 3 wrecks, including Pete Sherman's plane, but lacked engines and most all of the center nacelles were completely gone. The price was low, $70K, and he said he could talk to Pruett and thought he could get that wreck and sell it to me, but nothing ever came of it. My wife's bout with cancer ended that dream less than a year later.