Posts by AvPay Editorial Team
Royal Navy Sea Harrier
The Alraigo Incident took place in June 1983, and involved a Royal Navy Sea Harrier operating off the coast of Portugal from HMS Illustrious. Flying under combat conditions with his radar turned-off and radio unserviceable, the pilot couldn’t locate the British carrier. Running low on fuel, he elected to carry-out a forced vertical landing on…
Read MoreGetting a Good Deal When Buying Aircraft
Start conducting extensive research on the aircraft market, specifically on the aircraft you’re looking for along with similar types, well in advance of your planned purchase date. This may help you identify trends that can put you in a better buying position. Identify what equipment you want in the aircraft, so that you can negotiate…
Read MoreWhy Are Logbooks Important During an Aircraft Sale?
An aircraft’s logbook contains records of all the maintenance, repairs, inspections and modifications that have been performed on the aircraft throughout its operational life. Auditing these records to ensure the aircraft has been correctly maintained is a vital step in the sales process, as it checks whether the aircraft is airworthy, safe and compliant. Non-compliance…
Read MoreHow to Avoid Giving Aircraft Buyers the Wrong Signals
Misunderstandings and miscommunications could lead to concerns which may jeopardise an aircraft sale. Avoid vague or ambiguous statements and, where possible, try to ensure that all your correspondence is documented, for future reference. Be honest and transparent about the aircraft’s condition, history and any known issues, avoiding any exaggerations that could mislead a potential buyer.…
Read MoreWhat To Look For When Buying An Older Aircraft
Purchasing an older aircraft can be a very cost-effective way of getting onto the aircraft ownership ladder, however it also comes with its own set of challenges. Well-documented maintenance records are of vital importance when buying an older aircraft and they need to be reviewed in order to verify the aircraft has been correctly maintained…
Read MoreSelling Your Microlight
When selling a microlight, it’s best to be organised and to make readily available all the information a prospective buyer might require. Gather the aircraft’s maintenance records, logbooks and other associated documentation, ensuring that any required inspections and maintenance are up to date. Conduct an inspection of the microlight to help identify any issues that…
Read MoreWhat Do Aircraft Brokers Do?
Aircraft Brokers facilitate the buying and selling of aircraft on behalf of their clients and play a crucial in the aviation industry, locating prospective aircraft, carrying-out extensive market research, connecting buyers and sellers, assisting with negotiations and ensuring that transactions are conducted efficiently and securely. Need some support with your aircraft transaction? Get in touch…
Read MoreShould you start planning the future sale of your aircraft before the purchase?
Yes, it can be beneficial to start planning for the future sale of your aircraft even before the purchase, especially if you anticipate selling the aircraft at some point down the line. This proactive approach can help you make informed decisions during the buying process and potentially increase the resale value of the aircraft. When…
Read MoreWhat is the best way to close an aircraft transaction?
Closing an aircraft transaction involves the final steps to transfer ownership from the seller to the buyer and complete all the necessary paperwork and financial transactions. The best way to close an aircraft transaction is to follow a structured and methodical process, ensuring that all legal, financial, and operational aspects are addressed. Conduct a final…
Read MoreWhat due diligence is required during an aircraft transaction?
Aircraft transactions, whether buying or selling, require thorough due diligence to ensure that the process proceeds smoothly and that both parties are fully informed and protected. Verify the completeness and accuracy of the aircraft’s maintenance records and logbooks. Ensure that all required inspections and maintenance have been performed, and that there are no discrepancies or…
Read MoreCan you choose the facility for your pre-purchase inspection?
Yes, you typically have the ability to choose the facility where you want to conduct the pre-purchase inspection of an aircraft, especially if you are the buyer. Choosing the right facility is an important decision that can greatly influence the quality and thoroughness of the inspection. Look for a facility with a strong reputation for…
Read MoreWhat happens during a pre-purchase inspection?
A pre-purchase inspection (PPI) is a comprehensive evaluation of an aircraft’s condition, systems, and maintenance history, conducted by a team of experienced aviation professionals. The goal of a PPI is to assess the aircraft’s airworthiness, identify any existing or potential issues, and provide the buyer with a detailed understanding of the aircraft’s condition before completing…
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