AvBuyer Magazine October 2019

Page 74

Buying&Selling 2 OCT.qxp_Finance 17/09/2019 10:53 Page 1

BUYING & SELLING AIRCRAFT

How to Build a Business Aircraft Acquisition Plan Why is it important to develop a thorough aircraft acquisition plan for

your next business jet purchase? David Wyndham highlights not only why, but also how you should formulate a failsafe blueprint‌

ith a sense of urgency and a large sum of cash, an aircraft acquisition can be completed rather quickly. However, without a plan or the right team in place, these types of scrambles typically result in the wrong aircraft for the job, or just simply picking the wrong aircraft. To avoid the headache from an impulse purchase, you

W

74 Vol 23 Issue 10 2019 AVBUYER MAGAZINE

need to build a business aircraft acquisition plan. To begin, there are two fundamental reasons for acquiring new or different aircraft: 1) The current aircraft can no longer perform the mission, or 2) The current aircraft is no longer the most costeffective solution. www.AVBUYER.com

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AvBuyer Magazine October 2019 by AvBuyer Ltd. - Issuu