Making the Most of Corporate Aircraft Sales and Leasing

Increase your company's efficiency by making the most of corporate aircraft sales and leasing

By Kelley Keith
Corporate aircraft leasing and sales can increase the profile of your business and attract top executive talent to the company. However, if you aren't making the most of corporate aircraft sales and leasing, it can be detrimental to the bottom line. The housing and maintenance costs for the aircraft can get out of control, unless there's proper planning prior to the purchase or rental.

Whether you want to start a corporate aircraft leasing and sales business or obtain a plane for business use, there are certain issues that need addressing. For instance, where are you going to put the craft if you purchase one or what are reasonable rental rates and where do you find them. If you want to own a company in the industry, it's also important to know the business from the perspective of a customer and others in the industry. Therefore, before you make plans to buy or lease a plane, there are a few items to consider, such as:

1. Research the pricing structures of corporate airplanes.

2. Examine the pricing of maintenance and aircraft consulting.

3. Enlist the service of corporate aviation companies to defray the cost of the aircraft.

 

Evaluate the pricing options of corporate jets for lease or purchase

Before you decide whether to lease or purchase an aircraft, it's imperative that you investigate all available avenues of acquisition. These avenues are online aircraft brokers, combination agencies with a sales and lease department, airplane auctions and direct purchase. You need to conduct a cost benefit analysis on each of these purchases or lease option to find the best fit for your company.
Try: Examine the aircraft models for sale at Private Air. Request the pricing information on the aircraft chartering, at Jets.com. Compare the aircraft leasing and sales options from Aviation World Services. Choose an aircraft model from the Boeing business aircraft division and ask for a pricing quote.

Clarify the costs of maintenance and storage of corporate airplanes

Should you decide to purchase corporate jets for your business, you must determine how to maintain the craft. In this case, leasing is usually the better option because the airplane upkeep is usually included in the lease contract. However, when you buy corporate aircraft, it's necessary to hire a mechanic or an aircraft consultant to handle it.
Try: Sign up for to receive aircraft maintenance information from Private Jet Mech. Contact the aircraft consultants at Executive Aviation Consultants to help manage your aircraft.

Use a corporate aviation company to help decrease purchase costs

Unless your company is extremely busy and the aircraft will be in constant use, an excellent way to help control costs is to charter the aircraft during downtime. There are companies available that will handle all these processes for you.
Try: Contact the jet service professionals at Fine Aircraft Management for cost control and charter information. Study The Five Most Important Factors in Choosing an Aircraft Management Company article at Executive Jet Management.

 

  • Always verify the credentials of any corporate jet sales or leasing agency. Call your local Better Business Bureau and the Federal Aviation Administration and ask for a list of current customers. That way, you know the company is reputable.