How to Buy a Corporate Jet
With the cost of business flying being what it is, many corporations are looking to buy jets in order to save money in the long run. The flexibility of schedules, airports and the freedom of not having to deal with airlines ever shrinking schedules makes buying a corporate jet an attractive idea. While they are not cheap, the service they provide do make these jets a must have for some businesses. Let's take a look at how to go about purchasing a corporate jet.
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Things You'll Need
- Corporate aviation sales directory
- Crew
- Hanger
- Maintenance personnel
- Flight personnel
Instructions
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Take a close look at just what it is you will be using it for. How far will you be flying? Where are your typical destinations? How many people will you likely carry? Where will you keep it? These are imperative to have answered well before even looking at your first jet. Another consideration is corporate leasing. This alternative is for corporations that want to avoid the hassles that can be involved in ownership.
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Look at used jets. These will all come with maintenance records, logs of service, hours flown and any FAA-mandated fixes that were done. A heavy inspection will be needed prior to any purchase, new or used. Again, there are different planes for different uses. Gulfstreams tend to be used for long-range flying, with some of the newer ones capable of United State to Asia flights. Lear jets are fast and get up higher in altitude, but have a shorter range. Either if these comes with interior configurations that can be tailored to your needs. There are smaller jets that can be considered as well, but you give up range and passenger amenities.
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Begin your purchase. Get all the above-mentioned records, begin the registering process, start your corporate flight department and keep meticulous records of everything you do. Check the avionics package in the plane to make sure it is capable of flying in inclement weather. For your crews, find a chief pilot who can do the hiring. Have a corporate operations manual written to outline your procedures. Find hanger space and set up a contract maintenance for your corporate jet. You will need a flight department that is capable of dispatching your jet. This will entail getting clearances, filing flight plans, getting weather, fuel needs and crewing issues (see Resources below).
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Tips & Warnings
Do not skimp on any checks. Maintenance is of the utmost importance to safety, and skipping one could prove to be disastrous.
Resources
Comments
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ivanklugman
Jun 13, 2009
The Bottom line is that I dont recommend that a layman try to purchase an aircraft on their own. Dont try to become an aviation professional overnight, hire a fee for service consultant that has your best interest in mind. An aviation consultant will make the whole acquisition process hassle free for you and give you the peace of mind knowing that you are getting an aircraft that is safe and will retain its value for years to come.
