A challenge for airplane people that write and fly for a living is that we never know when inspiration will come. You hope it comes when you aren’t too busy. This piece started while I was facing backwards (in the backward facing seat) of an air ambulance on a steep climb.
Safe? Statistically no. Not compared to the airlines. Am I typing, thinking and breathing comfortably? You bet. Aside from the turbulence from the wind rushing over the Sierras to our West and the sliding out of my seat from the rather steep deck angle, I’m fine.
The plane climbs with enthusiasm when nurse, patient and EMT have been dropped off and we’re returning the airplane mostly empty to its home in Nevada. Continue reading Airplanes, Lies and Money
One of the challenges of representing buyers, whether it is a Super Cub, King Air or Phenom is knowing where to start the opening shot: The offer.
How do you proffer a number to an aircraft seller that shows the seller multiple things? For example, your contact and methods demonstrate:
- Your math accounts for outliers such as super low or high airframe total time, damage history, missing logs or a run out engine. (And when these are great.)
- An offer that is serious (i.e. committed / real buyer) and likely to close.
- A number that is fair and close to what other transactions are valued at for the same make, model and age aircraft. (And how to find hidden gems here.)
- Adequate respect and mindfulness on how you handle the seller’s conditions or needs. (A smooth sale has as much to do with emotional self awareness, as it does the spreadsheet of how you structured the offer.)
Continue reading Aircraft Valuation Part 1