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
Would I run for President?
And you said you’re not running for president. I wonder, there’s not much time left. You should maybe consider running for president. And why not do it? Why not? Why? What’s the argument to be so successful, so rich, so intellectually curious, and not do …
The U.S. Economy Just Hit a Big Turning Point. (Howard Marks' Sea Change Is Here)
People believe in the ability to predict the future, and in general, uh, I agree with uh, John Kenneth Galbraith, who said, “There are two kinds of forecasters: the ones who don’t know and the ones who don’t know they don’t know.” There is Howard Marks, …
How To Build Generative AI Models Like OpenAI's Sora
A lot of the Sci-Fi stuff is actually now becoming possible. What happens when you have a model that’s able of simulating real world physics? Wouldn’t it be cool if this podcast were actually an Infinity AI video? One thing I noticed is that, like, the li…
What do quadratic approximations look like
In the last couple of videos, I talked about the local linearization of a function. In terms of graphs, there’s a nice interpretation here. If you imagine the graph of a function and you want to approximate it near a specific point, you picture that point…
URGENT: The FED Cancels Rate Cut, Market Plummets, Major Changes Ahead
What’s up Graham? It’s Gas here, and you got to listen to what just happened. As of a few hours ago, the Federal Reserve decided to once again pause rates throughout the beginning of 2024. But as you’re about to see, this is soon going to change absolutel…
A.I is getting too good (Chat GPT, AI Art)
Have you ever wondered how an evil artificial intelligence might try to take over the world? You shouldn’t trust anything. Well, first, the AI would attempt to gain access to as many technological systems as possible. Then, it’d study us, gathering data …