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
Why Warren Buffett Refuses to Buy Stocks | 2022 Annual Letter
Every year I look forward to Warren Buffett’s annual letter. This letter is full of advice and offers a sneak peek into how Buffett is thinking about the stock market and the overall investment landscape. Surprisingly, Buffett continues to hold cash and n…
What if?
[Music] Foreign Ferdinand of Austria and his wife Sophie were on an official visit to Sarajevo, the capital of Bosnia and Herzegovina. As they traveled and inspected the land, Cabrillo Princip, a 19-year-old Serbian nationalist, shot the royal couple at p…
The Biggest Mistakes First-Time Founders Make - Michael Seibel
Here are some of the biggest mistakes first-time founders make when starting their company and in the first year afterwards. First, I often see founders choosing to solve a problem that they actually don’t care about. Well, this mistake isn’t fatal, and …
Safari Live - Day 218 | National Geographic
This program features live coverage of an African safari and may include animal kills and caucuses. Viewer discretion is advised. There’s why the inclusion of the pride is such a firm favorite. [Music] How insane was that, everybody? And welcome to the 1…
Finding area of figure after transformation using determinant | Matrices | Khan Academy
We’re told to consider this matrix transformation. This is a matrix that you can use, it represents a transformation on the entire coordinate plane. Then they tell us that the transformation is performed on the following rectangle. So, this is the rectang…
10 Ways To Fix Your Poor Mindset
Listen up! Okay, if you want to be in the three percent club one day, pay close attention to what we’re about to say to you. Imagining that you’re going to randomly get rich one day is just a delusion and a sign of an eternally poor mindset. You might nee…