With business aircraft inventory at all-time lows, some buyers may feel pressured to cut corners in transactions. Don’t take shortcuts with your pre-purchase inspection, say two experts – that part of the transaction is critical in ensuring no unpleasant surprises await. “Within a particular make and model of aircraft, the fair market value can really vary widely based on past use, maintenance history, damage history and upcoming maintenance items that are coming due,” notes aviation attorney Lori McGee. “Your pre-purchase inspection is really your opportunity to take a look at all of that.”
In this episode of NBAA’s “Flight Plan,” host Rob Finfrock speaks with:
The National Pause for General Aviation Safety is an industry-wide initiative, supported by NBAA, which encourages pilots and operators to take the time to proactively address complacency, communication breakdowns and other potential issues affecting our industry.
The new NBAA Aircraft Onboarding Checklist, developed by the NBAA Maintenance Committee, is now available to help association members coordinate the aircraft onboarding process within their organizations.
Professional development plays a crucial role in advancing a career in business aviation, but it can be difficult for the industry's young professionals to find the time - and finances - to pursue opportunities for growth. However, there are many paths that can yield a valuable "return on you," that are worth seeking out.