No two aircraft transactions are exactly alike. All contracts are different and the terms can change for almost all aspects of a transaction. The only terms which stay generally consistent from one transaction to the next are the delivery conditions; the conditions for which the aircraft must meet at the time of the closing...
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Posts Tagged ‘ pre-purchase ’
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Delivery Conditions
Pre-Purchase Planning, Part 3
Cockpit At some point in advance of the aircraft traveling to pre purchase there should be a complete and thorough cockpit sweep and avionics functional check (it is a good idea to have a pilot and maintenance person work together here). Preferably this should be done far enough in advance to address any major...
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Pre-Purchase Planning, Part 2
Cabin Apply the same principles to the interior of the aircraft as you do the exterior. Take time while the aircraft is powered up to functionally check every system in the aircraft (in today’s world that means manual seat adjustment, cabinetry latches and all door operations), check all lighting, switches, entertainment systems, monitors, galley...
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Pre-Purchase Planning, Part 1
This is the first in a series of blog posts regarding pre-purchase inspection planning. These are, however, good ideas for all owners and departments to watch for throughout the life of your ownership. Each post will focus on a different part of the aircraft. Exterior Start with a complete external aircraft walk around by maintenance personnel...
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