With the economic recession that has crippled the American economy, corporate aircraft sales are booming. Air lines are competing for new customers as they struggle to reduce costs and maintain profit margins. One of the most cost effective ways to grow their businesses is through buying used planes. Not only does this allow the company to cut operating costs, but it also allows them to increase profits because they are not saddled with plane payments that accrue each month. The one major drawback to buying pre-owned corporate aircraft is that finding a buyer takes time. Companies that have not yet had success in this area are hesitant to invest in planes unless they are sure that future profits are assured.
This is why most major corporations have turned to the executive branch to assist them in finding solutions to the problem of dwindling Corporate Aircraft Sales. Many have hired private aircraft companies to assist them in their aerial needs. However, the results have been less than optimal. Most of these companies have ended up buying corporate jets in large quantities, only to discover that they cannot resell them for profit to other companies. They have not been able to recoup their investment from the higher prices they paid for the planes, despite bringing in new customers. This means that the operations of the company’s executive branch are being affected, and this hampers future growth expectations for the company.
What can you do? You can buy your own airplane, or start your own aircraft leasing company. You will need to start your search carefully, however. Most companies that buy used planes have very little information on the planes themselves. They may have pictures of the planes on their website, but beyond that, they do not really know much about them.
Look for a company that specializes in corporate aircraft sales. This type of company is capable of providing the company with valuable information about the plane they are interested in buying. They should be able to tell the size of the plane, its engine power, and the condition it is in. They should also be able to provide information on what it was previously owned by, how long it was in service, and if it has ever been involved in an accident. If a company does not provide this information when you meet with them, move on to another company that will. A knowledgeable representative will be happy to give you all this information and much more.
Once you have decided on a company to buy the planes from, they should be able to arrange for you to test fly one of their planes. This will give you the opportunity to see how the seats feel and if the seats are plush. Most of the time, the seats are plush, but it never hurts to have a personal opinion. The company should be willing to allow you to fly one of their planes for the price that you are willing to pay.
Corporate aircraft sales is a tricky business. It can be very confusing and you can easily be taken advantage of if you do not careful. It is very important that you do your homework before hand. By doing so, you will insure that you are making the best buying decision for your company.