Guidance for Buying or Selling Aircraft
Factors Affecting Your Aircraft’s Resale Value: Records
The least glamorous but probably most important determinant of resale value is the condition and organization of an aircraft’s records. Records are logged statements of all maintenance performed, parts changed, inspections completed, and items installed and removed in the...Read More
Factors Affecting Your Aircraft’s Resale Value: Hours and Age
Much has been discussed and written regarding falling aircraft prices as of late. Prices are decreasing and supply is increasing in most markets, but there are other factors at play that can affect the value of your aircraft when...Read More
Wrapping It Up: The Closing Call
The Closing Call is a conference call between the Buyer and Seller to authorize the closing of the aircraft transaction. Usually the Buyer, Seller, Escrow Agent, and brokers are on the phone, but lenders can often be on them...Read More
Decoding Contract Terms: “As Is, Where Is”
In every pre-owned aircraft contract, you will have a statement that says something to the effect of: “This aircraft is being purchased at the time of closing in an as is, where is condition.” This statement is often misinterpreted....Read More
How Financing Can Impact the Timing of Your Transaction
It is common for aircraft buyers to seek out financing for their aircraft purchase. If you choose to go this route, the number one piece of advice we can give you is to talk to your financier before you...Read More
Should I Lease my Aircraft
Leasing can seem like an interesting prospect to do with your aircraft when you aren’t flying it that much and aren’t really interested in selling at the moment. But as with all things aviation related, nothing is as simple...Read More
Determining the Right Jet for You: Purpose
Buying a jet is a big and exciting decision. There are many factors to consider, an important one being to understand the purpose of why you are buying a private jet to begin with. You need to have an...Read More
Tips to Prepare Your Aircraft for Sale: Interior & Exterior
The condition of the interior and exterior of your business jet is very important when it comes to selling your aircraft. These are the first things a potential buyer will notice when they come to view the aircraft and...Read More
Determining the Right Jet for You: Budget
Choosing the right aircraft can be an incredibly overwhelming process. There are over 200 different models of private turbine powered aircraft, all of which have their own attributes, characteristics, pros and cons. We will look at a few things...Read More
The Test Flight: Your Top Questions Answered
Here at Colibri Aircraft, we try to make the transaction process easier to understand by explaining what happens at each stage. When a test flight is discussed, people have different ideas of what this means. Below, We’ve tried to answer...Read More