Author Archives: Vincent Wigmans

As we are regularly selling Turboprop aircraft, we often get questions about the engine. Most of the Turboprop aircraft we sell are equipped with a Pratt & Whitney PT6A engine. One thing buyers mostly don’t know is that a Hot Section Inspection (HSI) on a PT6A engine, when you have an engine health monitoring system in place, … Continued

The International Registry of Mobile Assets (IR) went into effect in 2006 and operates under the legal framework of the Cape Town Treaty. This IR was established to provide an electronic system that records the interests in airframes, aircraft engines and helicopters. An IR registration is required when an aircraft/helicopter is being financed. The lender … Continued

Most private jet owners know that, on average, 35% of the annual operating costs of a private jet is for maintenance. During the purchase of a private jet, you can easily calculate with upcoming standard maintenance inspections. But there will always be a level of unpredictable cost, for this kind of unpredictable cost you can … Continued

Most aircraft sales or acquisitions involves large amounts of money, and the payment of an aircraft is usually made in two parts. The first payment is the deposit to secure the aircraft and start with the pre-buy inspection, the second payment is usually the remaining balance of the purchase price after the aircraft has been … Continued

Have you ever considered buying your own aircraft? More and more people are thinking about having their own aircraft since the beginning of the corona crisis. Many people no longer want to be on an aircraft with other people because they are afraid of getting infected. Also, airline schedules were severely disrupted, making travel impossible … Continued

Regularly we receive questions from European registered aircraft owners about flying on an on-condition program. But what does on-condition flying mean? In short, it means, flying with an aircraft that has parts installed that are outside their overhaul limitations. To give an example, all piston engine manufacturers recommend a lifetime for their engines. This engine … Continued

Buying a private jet is different from purchasing real estate or any other high value asset. The purchase of a private jet is not something you do quickly, as this is a highly regulated area. Many potential buyers are not aware, that since August 2016 each operator/owner of a complex, motor powered aircraft, that is … Continued

The aircraft sales business is a global business. Therefore, a ferry flight is an important task of any aircraft sale or purchase. On a daily basis, aircraft are ferried between different continents. How this works and the difficulties you run in to, we explain it in our blog. A ferry flight is the transport of … Continued

Importing an aircraft can be complex and there are many exemptions and circumstances that influence the import and VAT levied. The aircraft import and VAT payments depend on several factors like how you will operate the aircraft and the import location. It is known that all aircraft are eligible for EU VAT if the owner … Continued

During your search for the aircraft of your dreams, you will often see the term NDH, this term means No Damage History. In short, this means that during the lifespan of the aircraft it did not receive any damage. If this is not mentioned in the advertisement it is always wise to ask the seller/seller’s … Continued