Avoiding The Pitfalls of Aircraft Transactions
Aircraft acquisitions and sales of a private jet are one of the largest and most infrequent purchases of a person or company. Because of the transaction size, there is an immense amount of uncertainty on who has your best interest at heart. Whether it is the fee structure being a percentage base or a flat rate, the specific aircraft and pricing guidance and overall reach of the firm, there are a myriad of considerations that are all equally important. As an example of what to be conscious of when purchasing an airplane: There is a method that some aircraft brokers take to purchase an asset and then resell you the same asset at a higher cost. One of the most important reasons to trust who you are working with is because of the insight and knowledge that helps mitigate overpriced buys, underprice sales, and headaches that arise from problems after a transaction occurs. The gain recognized when working with a reputable broker is also their network. The financing, insurance and RFP for management all play a key role in ensuring a quality ownership experience. The PJC has been involved in the lifecycle of light jet, regional charter trips, to heavy-jet international charter trips, to then purchasing a new, or replacement aircraft. We offer a validated, unbiased opinion on who we suggest working with based on your needs. We strongly believe that a rising tide lifts all ships and aircraft owners play a key role in the business aviation industry as a whole. We are passionate about guiding our clients to our verified network of professionals who will lead to a seamless aircraft acquisition or sale. Whether interested in having a conversation with us, or simply learning what questions and items to consider, we are available at any time.