Starting Your Own Small Airline: Purchasing the Jet
If you are just setting foot upon the path to owning your own small airline service that caters to upscale business and celebrity clientele, you have also begun looking into private jet sales. Buying a jet has all of the same hurdles that come with buying a house or vehicle: locating a jet, having it inspected, negotiating terms, finding a lender, and finally signing off on the purchase. As with home buying you will probably need assistance with making a purchase of this size and type. Private jet sales are usually conducted with the assistance of a jet broker. Jet brokers will usually have a staff that has deep expertise in:
● Appraisals. Jet brokers should provide assistance with all pre-purchase evaluations
○ Airworthiness
○ Market Value
● Financing. Jet brokers should be able to point their customers towards lenders that deal specifically with jets.
They should also have the contacts and clientele that enable them to procure jets for clientele that may not be officially on the market.
When navigating the world of private jet sales you should have your requirement’s list ready and available for the broker to begin their search. They will usually return with photos, configurations, and information on multiple jets that would meet your needs, so be prepared to prioritize your wants for the broker.
Private jet sales of new or used merchandise can be conducted almost entirely on the Internet. When working with a jet broker approximately, ninety percent of the transaction can be accomplished over email, instant messaging or Skype. You can exchange photos, discuss recommendations, and negotiate terms without ever having to step foot into a showroom or hangar.
Seek out brokers like L&L International who have specialized in jet sales for over a decade. You want to work with a company that is not new to the business. Their contacts, expertise, and work ethic will help you find the right jet in no time.
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