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
Arm Yourself With Specific Knowledge
You want to talk a little bit about the skills that you need: in particular, specific knowledge, accountability, leverage, and judgment. So, the first tweet in this area is: “Arm yourself with specific knowledge, accountability, and leverage.” And I’ll th…
Rockhopper Penguins, Up Close: On Location | Hostile Planet
Ever wondered how wildlife crews managed to capture the perfect shot right in the heart of the action? Check out the behind the scenes to see the great lengths that the crew went to to film “Hostile Planet.” MATT RICHARDS: Rock copper penguins live in co…
Don’t forget the “viable” part.
If you can’t get anyone to use your MVP, it’s probably not an MVP. Well, it’s not the V; we’re missing the V, which is viable. Like, basically, if it doesn’t work for anyone, yeah, how hard to argue that it’s viable? No, and like, shouldn’t an MVP— it see…
Startup Advisor Equity? - Pebble Watch Founder Eric Migicovsky
Bringing on advisors or creating a network of people who can help you is critical for an early stage founder, especially a first-time founder. I did it myself; I had ups and downs in the process, but that’s just like every other part of building a startup…
Geoff Ralston - Parting Advice
High startup school founders, I am Jeff Ralston, YC’s president, and I’m here to say so long and to give a few words of parting advice. It’s after 10 extraordinary weeks of startup school. We here at YC are about to focus on our winter 2020 batch, and yo…
There Are Better Ways to Save Sharks—Here's How | National Geographic
My name is Jess Graham, and I am a shark researcher and responsible marine conservationist. Lots of hammerhead sharks, frisky seals, huge yellowfin tuna, massive snapper—I’ve never seen anything like it! I’m studying the effectiveness of marine reserves o…