Eyes Wide-Open When Buying an Aircraft

We often receive calls from potential buyers about aircraft we are selling or to discuss our acquisition services.  Many of them believe that charter revenue can pay for the use of their own aircraft.  Other times we hear from disenfranchised owners who want to sell because the actual cost to own and operate their aircraft far exceeds what they initially expected.  Unfortunately, you can’t earn enough through charter to pay for all of your own use, but only offset the total cost of ownership.  The bottom line is aircraft are expensive to own, operate and maintain.

When we work with buyers, right from the start we sit down and establish accurate expectations before we even start looking for an aircraft. In conjunction with our clients, their financial advisors, tax consultants and aviation attorneys we build detailed budgets.  We work to understand what kind of future maintenance, refurbishment and upgrades specific aircraft will require over the course of our client’s ownership.  We also complete a thorough due diligence on the aircraft we are pursuing before our clients ever send an aircraft to a pre-purchase inspection.  We are committed to making sure that our clients start a project eyes wide-open.

Buyers need to understand the total cost, tax ramifications and process of owning, operating and maintaining prior to buying.  If a prospective buyer goes into the process with accurate expectations and good information, then owning and operating a corporate aircraft will be a positive experience.  Build a team of experts to help you establish accurate expectations before you buy.  Then, step in, complete your acquisition and enjoy your aircraft. If you have any questions contact Cristobal Aircraft Brokerage at (800) 408-0455 or visit us on the web at www.CristobalAircraftBrokerage.com.

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