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
Money Can Buy You Happiness. Here’s Why.
What’s up you guys? It’s Graham here. So let’s attempt to answer the age-old question: Can money actually buy you happiness? After all, it’s often touted as the simplest solution to every problem life throws your way. From the dead-end job that you hate,…
Chasing Microbes: The Secret Superheroes of Our Planet | National Geographic
There are places all over the world where methane is coming out of the seafloor. This is kind of concerning because methane is a very strong greenhouse gas. We think a lot about carbon dioxide heating up the planet, but methane is about 25 times worse. An…
Michael Seibel - How to Plan an MVP
My name is Michael. Uh, I work here at Y Combinator. I helped run the accelerator. Uh, before that, I did two YC startups—one in 2007 and one in 2012. Today, I’m going to talk to you about a minimum viable product, so MVP. We always yell at founders to n…
Bitcoin For The Intelligent Layperson. Part Two: Public Key Cryptography.
[Music] Bitcoins aren’t physical coins, but they’re not files on a computer either. They’re really numbers in a public ledger called the blockchain. This contains a record of every Bitcoin transaction that has ever happened. You can think of a transaction…
Growing Greens (Deleted Scene) | Life Below Zero
[Music] [Music] Well, I’m about out of water for water in my greenhouse, so I got to pump some water up from the river to fill up my tank. I go through a lot of water on hot sunny days. If I have a hot week, I’ll go through almost two of these tanks in on…
What Do You Need to Do to Survive Coronavirus? | Ask Mr. Wonderful #22 Kevin O'Leary
[Music] Hi, everybody. I started to do some work on this week’s Ask Mr. Wonderful and went into the database to start listening to the questions from all around the world. Clearly, this is an extraordinary situation because everybody is concerned about t…