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
Node voltage method (steps 1 to 4) | Circuit analysis | Electrical engineering | Khan Academy
We’re going to talk about a really powerful way to analyze circuits called the node voltage method. Before we start talking about what this method is, we’re going to talk about a new term called a node voltage. So far, we already have the idea of an elem…
How Old Is The Earth?
I’m in New Zealand’s beautiful Milford Sound, which is actually not a sound but a fjord. So one question you might ask is, what is a fjord? Well, the answer is it’s a giant channel carved out of the rock, and it was carved by glaciers—so ice moving down t…
How do I get a loan? | Loans and debt | Financial Literacy | Khan Academy
Let’s say that you wanted to get a loan; maybe a loan for a car or a mortgage for a house. What do you need? What do you need to think about in order to get a loan, especially a loan with a good interest rate? Well, one of the top things that a lender wi…
The Bike Riding Monk | Uncensored with Michael Ware
[music playing] MICHAEL: Russian Orthodox Christianity runs deep within the Night Wolves motorcycle club. They even have their own bike riding monk, a chaplain called Father Guriy. How can I resist? I have to meet him. Oh, Father Guriy himself. Ah, than…
Why I made my showroom
I started in the aircraft brokerage business back in 1980. Most of the industry was in the United States. I left the industry for quite a while; I went into private equity, and I was in that world for about 17 years. When I came back in the market, all of…
Preparing Homemade Jerky | Live Free or Die
So all these willows are gonna be really nice just to make like a little bit of a jerky rack. You don’t want too much bulk there ‘cause the jerky needs to dry fast. It’s nearly 60 degrees in southern Utah. At those temperatures, meat will spoil in as litt…