Corporate Jet Investor – Town Hall Masterclass – Continuing the value added to the transaction process
Date: Wednesday, May 6, 2026
Location: Webinar
Listen to the complete Webinar
EXECUTIVE SUMMARY
CJI Town Hall #73: Continuing the Value Added to the Transaction Process
Sponsored by Mesinger Jet Sales | May 6, 2026 | Runtime: 1:01:04
OVERVIEW
This CJI Town Hall Masterclass — the second in a 2026 series sponsored by Mesinger Jet Sales — focused on three pillars of the aircraft acquisition process: legal counsel, aircraft management, and aviation insurance. Moderated by Jay Mesinger, CEO of Mesinger Jet Sales, the session brought together three industry veterans to guide both first-time buyers and experienced operators through best practices and common pitfalls. The consistent theme: assemble your full professional team early — quality and the right counsel are remembered long after cost is forgotten.
PANELISTS & KEY INSIGHTS
Jay Mesinger | CEO & Founder, Mesinger Jet Sales — Moderator
Mesinger drew on 50+ years of brokerage experience to frame the session around one central conviction: every professional on a buyer’s team — attorney, lender, management company, and insurance broker — must be engaged in parallel on day one. With pre-owned inventory tightening, he urged buyers eyeing Q4 2026 bonus depreciation to begin immediately.
“This industry is probably one of the most unsophisticated, sophisticated industries there is. You can get involved with somebody that is less sophisticated and less concerned about your interests — and it could go awry.”
David Mayer | Aviation Attorney, Shackelford Law
Mayer stressed that aviation counsel must be involved before any LOI is signed — not after. He introduced his ‘Three C’s’ framework for purchase agreements: a Clean Machine, Clear Title, and Coordination of Liability. He also cautioned that LLCs are frequently misused without proper FAR operational control compliance, and that bonus depreciation qualification must be analyzed upfront.
“You shouldn’t think of it as spending money with your attorney. You should think of it as saving and building a solid transaction.”
Shawn McAteer | Director of Business Development, Jet Aviation
McAteer reframed management company selection away from cost comparisons toward safety culture, infrastructure depth, and mission fit. He recommended engaging a management company at the beginning of the process to maximize their value during conformity and onboarding — and highlighted Jet Aviation’s philosophy of hiring the person, not the type rating.
“It’s truly about making an effortless, seamless experience — and how we as a management company are leveraging our expertise to provide the client with a simple, seamless experience at the end of the day.”
Lance Toland | Founder, Lance Toland Associates Ltd.
Toland, a founding member of the Aviation Insurance Association with 40 years in the field, argued that liability coverage is the most critical and least understood element of the transaction. He warned against shopping multiple brokers simultaneously — with finite markets at jet-level values, conflicting representations create legal vulnerabilities. Tenure and referral-based selection are paramount.
“The insurance component is, to me, the single greatest avenue for protection in the whole process. When you buy an aircraft, you expose your family office, your corporation, yourself individually to the possibility of the biggest catastrophic loss that you could conceive of.”
KEY TAKEAWAYS
- Engage your full team — attorney, management company, insurance broker, and lender — simultaneously from day one, not sequentially.
- Treat the LOI as a legal document, not a formality; involve aviation counsel before signing.
- LLC structures must comply with FAR operational control requirements or risk FAA enforcement.
- Bonus depreciation is permanent but not universal — verify qualification before closing.
- Quality pre-owned inventory is tight; buyers targeting Q4 2026 delivery should act now.
