BUSINESS JET OWNERSHIP SIMPLIFIED
WHY MANAGEMENT COMPANIES MATTER by Abdelmajid Jlioui Purchasing a new business jet entails a substantial capital investment; this is why collaborating with an experienced aircraft management company can be crucial. Can you walk us through the role of an aircraft management company throughout the business jet ownership journey, from acquisition to operation and eventual divestment?
A discussion with Joe Barber, Chief Commercial Officer with Clay Lacy Aviation
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A business jet ownership journey begins when an individual decides to purchase a jet, prompting the formation of a deal team—a group of key stakeholders involved in the acquisition process. This team typically includes an aviation attorney, broker, tax planner or accountant, and an operational expert who provides technical and maintenance insights. Aircraft management companies play a critical role in this phase by providing education, resources, and strategic planning to help owners or future owners navigate the complexities of business jet ownership.