AvBuyer Magazine April 2019

Page 54

Buying&Selling 3 DW April19.qxp_Finance 19/03/2019 11:46 Page 1

BUYING & SELLING AIRCRAFT

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When to Plan the Sale of Your Aircraft Although it’s important for all owners to have a strategy on when to replace their aircraft, there are several important factors making an owner’s plan specific to their operation. David Wyndham offers insights on these… hen you acquire an aircraft, whether it is your first or a replacement you may not be thinking about when you should sell. Though it may not be an immediate concern, a savvy owner should still have a strategy in place for when to sell. Unfortunately, there is no easy formula for this, nor is there a single tactic to follow. There are, however, two general reasons to dispose of your aircraft. The first is that it’s no longer capable of performing its mission. The second is that the

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54 Vol 23 Issue 4 2019 AVBUYER MAGAZINE

aircraft is no longer economically feasible for the mission.

Mission Situations

One of the main reasons why people replace their aircraft is that their mission needs change and the aircraft no longer offers the capability required. A typical case is a requirement for greater range or passenger capacity. If you require additional range, your current aircraft could probably still perform the trip with a fuel stop. You should keep in mind that larger, longer range

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AvBuyer Magazine April 2019 by AvBuyer Ltd. - Issuu