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
Ask Sal Anything! Homeroom Thursday, October 29
Hi everyone, Sal Khan here. Welcome to our homeroom live stream! Today, we have a disappointing guest—it is me. We’ll be doing an “Ask Me Anything,” so feel free to start putting your questions in the message boards down below or wherever they are on the …
Saving Orangutans in Sumatra's Disappearing Rain Forests | Nat Geo Live
Panut: In Sumatra, the Leuser Ecosystem is one of the largest and most intact tropical rainforests left in Southeast Asia. It is the only place in the world where you have Sumatran tigers, Sumatran rhinos, Sumatran elephants, and orangutans living togethe…
Shower Thoughts That Make Me Question Everything
I promise it hasn’t been eight months since I last had a shower. This year has just flown by so quickly that I didn’t get time to gather my thoughts. My shower thoughts: dreams are confusing. Some people believe that they can tell the future; others feel …
How 3-D-Printed Prosthetic Hands Are Changing These Kids’ Lives | Short Film Showcase
What it was like before having this hand or like having like any hand? It was pretty hard. I get bullied a lot, and like I really wanted to be part of a team. I wanted to have friends. I wanted to act like I actually had like a right hand, and it wouldn’t…
Gilded Age versus Silicon Valley | GDP: Measuring national income | Macroeconomics | Khan Academy
Let’s give ourselves a little bit more food for thought on this labor versus capital question. So, like we’ve mentioned many, many, many times, in order to produce anything, you need a little bit of both. Or you maybe need a lot of both. You need labor, a…
Difference between wealth and income | Macroeconomics | Khan Academy
Before talking more about inequality, I think it’s worth talking about the difference between wealth and income. Wealth and income often get confused in conversations about inequality. As you can imagine, these two things move together. You tend to associ…