Spotting a good opportunity when buying an aircraft involves a combination of careful research, due diligence, and a clear understanding of your specific needs and goals. Clearly outline your mission,…
Knowing who you're buying from is essential for any aircraft buyer. The level of knowledge and due diligence required can vary depending on the nature of the transaction, the type…
Knowing where an aircraft has been maintained is crucial for a buyer before completing an aircraft transaction. The maintenance history and the reputation of the maintenance facilities involved play a…
While it is not a strict requirement for a buyer to know why an aircraft seller is selling their aircraft, having insight into the seller's motivations can be valuable in…
When selling your aircraft, it's important to communicate clearly and professionally to avoid giving buyers the wrong signals. Miscommunication or ambiguity can lead to misunderstandings or concerns that could potentially…
Instilling trust in a buyer when selling your aircraft is crucial to a successful and smooth transaction. Trust is built through transparency, professionalism, and open communication. Provide a comprehensive and…
Putting in an offer to purchase an aircraft is a critical step in the buying process. Conduct thorough research on the market for the specific make and model of the…
A pre-purchase inspection is a crucial step when buying an aircraft, and its costs can be substantial. Justifying these costs is important because the inspection is an essential part of…
Timing the market when buying and selling aircraft, like timing any financial market, can be challenging and risky. Aircraft values are influenced by various factors, including market conditions, economic trends,…
Aircraft management companies primarily focus on the operation and maintenance of aircraft, rather than the buying and selling of aircraft. However, some aircraft management companies offer additional services, such as…
Drafting a Letter of Intent (LOI) when buying an aircraft is an important step in the purchasing process. The LOI serves as a formal, preliminary agreement that outlines the basic…
Finding the right tax attorney when buying an aircraft is essential to navigate the complex tax implications of aircraft ownership. Identify your specific tax-related needs and goals. Understand what aspects…
