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
9 movies that will quickly improve your life
Here are nine movies that improved my life, and I know for a fact they’ll improve yours too. Number one: The Matrix. The Matrix is a story of a disillusioned hacker named Neo, portrayed by Keanu Reeves, who finds himself questioning the nature of his rea…
Humanity's Greatest Journey
It’s time. Let’s reveal the 12,025 Human Era Calendar. Let’s travel back 200,000 years to humanity’s greatest journey that took our ancestors from East Africa all across the planet. With nothing on their feet and only primitive tools, they set out to cro…
Accounting profit vs economic profit | APⓇ Microeconomics | Khan Academy
Let’s continue thinking about how rational agents make decisions. So here, we’re told that Sally runs a business that only sells hamburgers in a building she owns. Every month, they sell 5,000 hamburgers at five dollars per hamburger. She spends two dolla…
Homeroom with Sal & Pedro Noguera - Wednesday, October 21
Hi everyone, Sal Khan here. Welcome to the Homeroom live stream. We have a really exciting guest today, Pedro Noguera, who is the Dean of the Rossier School of Education at the University of Southern California. So start thinking of your questions, puttin…
Misconceptions About the Universe
There was a time when the universe was expanding so rapidly that parts of it were moving apart from each other faster than the speed of light. That time is right now. A lot of people make a big deal out of the fact that during inflation, right after our u…
Approximating asymptotic limit from table
Function f is defined over the real numbers. This table gives a few values of f. So when x is equal to -4.1, f of x is 5. f of -4.01 is 55. They give us a bunch of values for different x’s of what f of x would be. What is a reasonable estimate for the li…