April 21, 2014
Fleet Sales: Breaking Down a Complex Transaction
For companies and institutions that own a private aircraft fleet, there will invariably come a time when there is a need to sell. Whether it’s a multinational corporation looking to upgrade their fleet of Sikorskys and Challengers, or a US-based aviation services company aiming to sell their Citation 560XLs, fleet sales can come in any shape or size. There is no cookie cutter approach to handling these transactions.
Because each fleet sale is unique and entails a large scope of planning, preparation and execution, most aircraft brokers simply don’t have the knowledge or capability to handle these transactions. Each fleet sale involves a high level of trust, a wealth of experience and a unique ability to be flexible. It’s also the type of transaction that Jetcraft specializes in.
“We’ve been handling fleet sales for a long time, but these types of transactions aren’t something that Jetcraft started doing overnight,” explains Jetcraft President, Chad Anderson. “You have t...