Buying&Selling.qxp_Finance 22/02/2022 08:48 Page 1
BUYING & SELLING AIRCRAFT
Aircraft Buyer Questions, Part 2: Building Budgets Those wanting to reap all the benefits Business Aviation offers will need to set up a budget before buying their airplane. With plenty of benchmarking, analysis, and research needed, René Armas Maes shares some pointers…
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stablishing the budget that will optimize the benefits of aircraft ownership requires an in-depth process. The difference between buying the right business jet and the wrong one could be millions of dollars – so it’s important to know where to start… Before you can establish your aircraft ownership budget, you’ll need to benchmark the group of aircraft that you identified can fulfil your Trip and Mission profile (AvBuyer, February issue, 34 Vol 26 Issue 3 2022 AVBUYER MAGAZINE
p36). Most likely, these will fall within the same cabin segment.
Is Purchase Price Everything?
Determining your ideal price range in advance for the aircraft you’re buying is a good idea, and helps funnel the higher-priced aircraft out of the equation. In the case of pre-owned aircraft, that could preclude more expensive, newer aircraft, helping determine an age range you should ideally be considering. www.AVBUYER.com
