Jet engine or turboprop?

Light jets operate at cruising altitudes of 2000-3000 metres and at speeds of 100-200 knots, both being greater than most aircraft equipped with propellers. They can take off even with engine failure, offer better fuel reserves and climb performance. Icing, thunderstorms and turbulence are thus much less problematic.

Acquisition procedure

The procedure of acquiring a plane may have to start with a detailed preliminary study, intended to determine the benefits and/or the necessity of the acquisition, according to the needs, expectations and means of the buyer.

 

Once the decision to buy is confirmed, the factors to be taken into consideration within the acquisition procedure are:

Analysis of your transport needs

  • What are your usual destinations or those you want to reach?
  • How often and for what purposes do you plan to use the aircraft? For business and/or for leisure activities?
  • How many passengers usually travel with you?

Aircraft

  • Do you have a preference for a jet or a turboprop?
  • What is the best available aircraft meeting your needs, according to the situation and prices on the market?
  • Are there alternatives? Is this the right time to buy?
  • What is the real value of the aircraft that would suit you?

Operational management

  • What is the operational solution allowing you to obtain the best return on your aircraft?
  • To whom will be entrusted the management and maintenance of your aircraft?

Financing

  • What will be the fixed costs and the variable costs?
  • What is the type and the cost of the chosen financial structure?
  • What will be the resale value of your aircraft?
  • What are the insurance options?

Acquisition

  • After having analysed your transport needs in detail, having chosen the type of aircraft to meet your needs, estimated the market situation, determined the operational aspects and the structure of financing, you are ready to purchase your new aircraft.
  • You will then choose the aircraft that best corresponds to your needs.
  • Then the time comes for negotiation with the seller, inspections of the aircraft and its documentation and to decide on any modifications to it.
  • You will finally make all administrative and legal arrangements for the transfer of ownership and the aircraft registration. At the same time, you will finalise the operational plan and intended financial structure.