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
TIL: There's Probably a Raccoon Living on Every City Block in North America | Today I Learned
Every city block probably has a raccoon living on it, and people very rarely see them or even know that they’re there. These animals have adapted to urban living in a way that makes them common and present in almost every major urban complex throughout th…
Introducing a Yearlong Celebration of National Parks | National Geographic
[Music] National parks are part of our DNA. It’s who we are at National Geographic. For more than 100 years, National Geographic has been committed to national parks. In 1916, we devoted an entire issue of National Geographic magazine to parks. We called…
Warren Buffett's BIG Warning for Investors (2021)
I would like to, uh, just go over two items that I would like particularly new entrants to the stock market to, uh, ponder just a bit before they try and do 30 or 40 trades a day, uh, in order to profit from what looks like a very, uh, easy game. So, uh, …
Positive and negative rotaion of points example
We’re told that point P was rotated about the origin (0, 0) by 60 degrees. Which point is the image of P? Pause this video and see if you can figure that out. All right, now let’s think about it. This is point P; it’s being rotated around the origin (0, …
Belonging | Short Film Showcase | National Geographic
Foreign. [Music] This is what I dream of. Sometimes it feels like I’m still there. [Music] One amongst hundreds of others like me, to travel far to be here is without a name. Thank you. We would watch the moon, rain the water darkened, then celebration…
The World's Best Investing Strategy that No One Follows
So I think that as we go through life, we get some aha moments, and it can become a source of tremendous competitive advantage. One of the things I learned about very early was the power of that. There is Monish P. He is the CEO of Dando Funds, an all-ro…