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February 2013; CEO Middle East – Purchasing an executive or private aircraft may well be one of the most expensive acquisitions an individual or company ever makes. It certainly deserves careful consideration so, over the next three issues of CEO Middle East, we are going to examine the why, what and how of aircraft ownership.
THE WHY — looks at the tangible and intangible benefits of aircraft ownership. How a private aircraft might enhance your lifestyle or create value for your company. What are the advantages and disadvantages of ownership and what of the alternatives?
Once a decision has been made to acquire a private aircraft, THE WHAT — examines the choices available to you. Essentially, this is the Needs Analysis phase of the acquisition process and looks closely at the mission requirement. A thorough examination of the utilisation pattern, the routes and passenger loads, the likely destinations, support issues and of course, budgets, builds a ...