Every client has desires, needs, and requirements unique to them and their goals that drive their decision to acquire a specific aircraft. Our professionals work with you to narrow the selection process in a manner that is enjoyable, informative, and rewarding.
Our clients get the best results from their personal or business banking relationships. Due to the complicated nature of aircraft financing, if a bank does not have this experience, they could find it very difficult to underwrite due to the technical nature, large asset value, and high risk if a default occurs. There are many banks and finance companies that specialize in aircraft financing and each has its desired transaction thresholds and target different segments of the aviation marketplace.
Professionalism, good decision making, safety, and personality are critical aspects of the selection process that make hiring a pilot a challenging process. Qualifications to consider when hiring depend on the type of aircraft that is acquired, the current economic conditions, where the aircraft is based, and how much competition there is in the area.
Due to the mobility of an aircraft, it is standard practice to relocate the aircraft to a maintenance facility that is experienced and proficient in performing the required inspections and service for the specific model you own. Smaller maintenance can be handled by a local mechanic, however, larger inspections and maintenance events require a larger maintenance organization to ensure a timely return to service. Your aircraft needs an experienced professional who knows the ins and outs of maintaining a turboprop or jet. Therefore, the overall maintenance of your aircraft is best handled by a management professional that will ensure the resale value of your aircraft is preserved.
Insurance underwriters have become very apprehensive when underwriting a policy on a turboprop or light jet. The aircraft hull value, liability limits, and the pilot’s experience of flying a progressively more complicated aircraft, recent experience, current type training or rating, age, and health are all considerations that determine the expense and requirements that will be associated with obtaining a policy.
