yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

What does it take to broker corporate jet deals?


less than 1m read
·Nov 3, 2024

One thing, when we're selling an airplane, people always need to know what's the history of the airplane. How do we know that the maintenance is correct, the pedigree is correct, how it's been maintained, or where it's lived—location, or in a hangar?

We actually do a lot of that groundwork before we present an airplane for a client. When they decide to buy that airplane, we get further into the details. But the fact of the matter is, once an aircraft gets put into a purchase agreement, the airplane goes into what they call a pre-purchase inspection.

That inspection rips the airplane apart from top to bottom and analyzes everything in the airplane to see that everything is airworthy. They look around for corrosion; they take the log. They go from day one, the birth of the airplane, to the current day, making sure every single detail is documented, and every part that's been changed is in there.

It's really a detailed inspection. It's actually quite expensive; depending on the airplane, it could be between $30,000 and $150,000. That's how we're sure when the airplane is ready to be delivered to the client.

More Articles

View All
Genetics 101 | National Geographic
[Narrator] Genetics helps us understand the biological programming behind all life forms. But what exactly is the science of genetics? And what does its future hold? Genetics is the study of heredity. The expression of traits and how they are passed fro…
The Real Problem With AI ✨
Evil artificial intelligence might try to take over the world. You shouldn’t trust anything it says. Well, first, the AI would attempt to gain access to as many technological systems as possible. Then, it would study us, gathering data and identifying our…
Kirsty Nathoo - Managing Startup Finances
Morning everybody! Thank you for coming in at 9 o’clock. It’s an early start. So, as Kevin mentioned, my name is Kirsty Nathu, and I’m the CFO here at Y Combinator. So, I’ve actually helped now 2,000 companies, almost, as they’ve come through Y Combinato…
How Bats Can Transmit Viruses | Virus Hunters
You’re standing at this abandoned mine. You can only see maybe two or three meters in before it’s entirely black. But in the kind of haze, you can see the kind of decrepit, old bits of previous mining industry and overwhelmingly, the squawk of all these b…
The FED Just Broke The Market | Dollar Crisis Explained
What’s up guys, it’s Graham here. So, despite the Federal Reserve’s best attempt to bring down prices, as of yesterday, inflation came in at a whopping 8.2 percent, which was significantly higher than expected and a sign that things might continue getting…
7 Stoic Exercises For Inner Peace
A calm mind is a blessing in our chaotic world. Unfortunately, a lot of people have chosen to achieve this by using and abusing pills and other substances, which can lead to addiction. If you want to achieve inner peace in a healthy and non-medicated way,…