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
#shorts How Will Robots Affect These Jobs?
Robots don’t pay taxes or even spend money in the local communities. They should preserve their jobs. My question to you is, can they stop progress? Uh, first of all, there’s no evidence that that’s true. There have been lots of studies on automation in …
Chicken Powered Steadicam - Smarter Every Day
Hey, it’s me, Destin. You remember I made the chicken head tracking video? The reason the chicken’s head stays stable is something called the vestibulo-ocular reflex. One thing that kept popping up is people always had the suggestion of making a camera st…
Expected payoff example: protection plan | Probability & combinatorics | Khan Academy
We’re told that an electronic store gives customers the option of purchasing a protection plan when customers buy a new television. That’s actually quite common. The customer pays $80 for the plan, and if their television is damaged or stops working, the …
Using matrices to manipulate data: Game show | Matrices | Precalculus | Khan Academy
We’re told in the beginning of each episode of a certain game show. Each contestant picks a certain door out of three doors. Then the game show host randomly picks one of the two prize bundles. After each round, each contestant receives a prize based on t…
Tips For Technical Startup Founders | Startup School
[Music] Welcome everyone to “How to Build and Succeed as a Technical Founder” for the Startup School talk. Quick intro, I’m Diana, who I’m currently a group partner at YC. Previously, I was a co-founder and CTO for Azure Reality, which was a startup buil…
The Three Forms of Leverage
There are three broad classes of Leverage. One form of Leverage is going to be labor, which is the oldest form of Leverage—other humans working for you. That’s actually not a great one in the modern world. It used to be great in the old world, but in the …