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
The mindset that's changing my life
I feel like everybody at some point in their life has met somebody who was truly inspiring. You know, they seem to have their life figured out. They are determined; they can carve out their own destiny. They create their own luck. On the flip side, a lot…
2016 Berkshire Hathaway Annual Meeting (Full Version)
Good morning. I’m Warren Buffett. This is Charlie Munger. I’m the young one, and you may notice in the movie, incidentally, that Charlie is always the one that gets the girl. He has one explanation for that, but I think mine is more accurate: that, as yo…
How Many Stocks Should Be In Your Portfolio? (Buffett, Lynch, Pabrai Explain)
We think diversification is a practice that generally makes very little sense for anyone that knows what they’re doing. Uh, diversification is a protection against ignorance. [Music] This video is sponsored by Hypercharts. Sign up to Hypercharts using the…
Born 4 Months Early, This Tiny Survivor Beats the Odds | Short Film Showcase
I just always had this image of this daughter that I would have someday: kind of a dirty-faced, tree-climbing little girl. 24 weeks is considered viability outside the womb. To support at 23 weeks and six days, three white, 16 for the girls. Yeah, yeah, …
15 Luxuries in Life You Have Access To (Are You Using Them?)
You know, luxuries used to be about the things we couldn’t have. They were aspirational, always out of reach, and reserved for the elite. They elevated people’s lives far beyond the ordinary. But our definition of luxury has changed. Those first two facto…
Creative biology at work | High school biology | Khan Academy
[Music] Hi everyone, Salcon here. From finding novel cures for a seemingly incurable disease to diagnosing what’s going on with someone, if you’re a physician or a nurse, you can imagine there’s incredible creativity in biology. And don’t take my word fo…