Our step-by-step guide to choosing and purchasing an aircraft.
To help our clients save their time and budget, our experts have prepared some useful advices on the topic of choosing and buying a necessary item.
Since buying an airplane is an important decision and a matter of great finances, we recommend that you assemble a team of several advisers who have experience in this field, so that they can look at the situation from the outside and help You make the right choice, without emotions and unnecessary nerves.
Let’s start with the common pre-purchase analysis.
Before making a purchase of an aircraft, the process of which can last from several weeks to several months, it is important to conduct a thorough analysis of your needs.
You need to analyze how often, with how many passengers and baggage you will fly, which airports will be involved, and what specific characteristics the aircraft should have.
It is important to understand whether you want a used aircraft or a new one: whether it will be profitable for you to save on the cost of the old vessel, or then you will spend large amounts on its maintenance (this will also depend on the ease of use of the vessel).
It is also worth remembering not only the cost of a specific model of vessel, but also the cost of annual technical maintenance and maintenance. Will you work for the plane, or will it work for you?
Together with your assistants, study in detail all your favorite aircraft models and compare them for all the necessary characteristics to choose the most suitable sample.
The process of purchase
Before purchasing, inspect the aircraft with a team of independent experts.
- Check the written agreement with your lawyer to see if all the conditions are met. correctly spelled out in it.
- The Deposit is usually 5-10% of the total purchase amount.
- Before buying, we advise you to invite a licensed aircraft mechanic to inspect the aircraft, take care of hiring a good aviation lawyer to assist in the transaction.
After making a purchase, you must be transferred ownership of the aircraft, and it must be insured for you, and the money must be deposited and released from it.