By Vincent Wigmans —
The Hidden Cost of the “More is Better” Mentality in Aircraft Sales. When it comes to selling an aircraft, every owner wants the same thing: maximum value in the shortest possible time. A common belief among sellers is that listing with multiple aircraft brokers increases exposure and leads to faster, higher offers. On the surface, … Continued
By Vincent Wigmans —
Acquiring an aircraft, whether for private, corporate, or commercial use, is a complex and high-stakes investment. Unfortunately, many first-time buyers enter the market without the requisite technical knowledge to make informed decisions. This lack of expertise can lead to significant financial burdens, operational downtime, and unexpected maintenance liabilities. Engaging a technical consultant during the acquisition … Continued
By Vincent Wigmans —
Purchasing an aircraft is a significant investment, and when that aircraft comes from another continent, the stakes get even higher. While the allure of an attractive deal may be tempting, failing to thoroughly investigate the aircraft’s history and modifications can lead to costly delays—or worse, financial loss. One of the biggest pitfalls in buying an … Continued
By Vincent Wigmans —
The aviation industry is facing a crisis in the availability of European Union Aviation Safety Agency (EASA) Part 66 certified aircraft mechanics, particularly in the private aviation sector. Having worked for years in an EASA Part 145 maintenance environment as a postholder, I’ve witnessed firsthand the challenges and transitions within the industry. With many seasoned … Continued
By Vincent Wigmans —
In 2008, the aviation world witnessed the fall of a very light jet air taxi bubble. Back then, operators crafted ambitious business plans that envisioned fleets of 200 Cessna Citation Mustangs to meet client demand. The market, however, failed to materialize as expected, leaving behind valuable lessons that seem eerily relevant today. Fast forward to … Continued
By Vincent Wigmans —
When buying or selling an aircraft, one of the most crucial yet often overlooked aspects is the importance of aircraft maintenance records. These records serve as the aircraft’s “pedigree,” detailing its operational life, maintenance history, modifications, and compliance with aviation regulations. In many cases, buyers and sellers, particularly those new to aviation transactions, do not … Continued
By Vincent Wigmans —
In the dynamic world of aircraft sales, some sellers are rethinking the traditional approach of signing exclusive aircraft broker agreements. While these agreements have been a standard practice in the industry, there’s still a sentiment among sellers that they might be better off without them. But there can be several downsides for aircraft sellers, if … Continued
By Vincent Wigmans —
In the realm of private aviation, the allure of owning a sleek, modern jet is undeniable. However, there’s a certain charm and practicality in considering the purchase of an older private jet. While the idea of a brand-new aircraft may be tempting, here are the top 3 reasons why buyers opt for an older model … Continued
By Vincent Wigmans —
In the fast-paced world of aircraft sales, where high stakes and large sums of money are involved, it’s not uncommon to encounter peculiar characters engaging in questionable practices. From mysterious brokers operating through Gmail accounts to deposit scams designed to exploit the urgency of a supposedly time-sensitive deal, the aircraft sales industry has its fair … Continued
By Vincent Wigmans —
An engine program, such as Eagle Service Plan (ESP) from Pratt & Whitney and Total Assurance Plus (TAP) from Williams International, play a crucial role in the business aviation industry by providing comprehensive support and maintenance services for aircraft owners and operators. This support will be delivered based on an hourly fee per engine. While … Continued
