BUY AN AIRCRAFT

There are few events in life as thrilling as buying an Aircraft. For many, it represents the culmination of hard work, sacrifice and calculated risks. Whether for personal travel, business, or both, your transportation needs have evolved to the extent you need to purchase an aircraft or upgrade your existing aircraft.

Our Process

PHASE 1 – AIRCRAFT MODEL SELECTION

  1. Define client’s requirements for the aircraft
  2. Perform analysis to identify suitable aircraft models
  3. Perform market analysis to determine pricing expectations of suitable models
  4. Client agreement on aircraft model to pursue

PHASE 1.5 – AIRCRAFT OWNERSHIP PREP

  1. Coordinate financing consultation with aviation lenders
  2. Arrange tax and ownership structure consultation with recommended aviation CPA
  3. Arrange for aviation legal counsel
  4. Connect client with recommended aircraft insurance providers
  5. Coordinate pilot training
  6. Assist in identifying reputable management and/or charter company*
  7. Assist in identifying professional pilot*
  8. Assist in identifying aircraft hangar*

PHASE 2 – AIRCRAFT SEARCH

  1. Perform global search to identify on and off-market candidate aircraft
  2. Perform initial in-person aircraft and records review
  3. Facilitate initial agreement
    • Recommend terms of initial offer
    • Client agreement to terms of initial offer
    • Submit and negotiate terms of initial offer
    • Buyer and Seller acceptance of initial offer terms
    • Initiate creation of escrow account

PHASE 3 – AIRCRAFT PURCHASE

  1. Facilitate purchase agreement
    • Recommend terms of purchase agreement
    • Client agreement to terms of purchase agreement
    • Submit and negotiate terms of purchase agreement
    • Buyer and Seller acceptance of purchase agreement terms
  2. Oversee pre-purchase inspection
    • Inspection of airframe and engines
    • Inspection of history and records
    • Airframe and engine program status
    • Recommend discrepancy resolution terms
    • Submit and negotiate terms of discrepancy resolution
  3. Coordinate aircraft closing
  4. Manage post-closing activities
    • Coordinate aircraft delivery
    • Coordinate transfer of engine, airframe, maintenance tracking, EHM and warranty programs
    • Provide recommended maintenance and operations manual contacts
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What Our Clients Are Saying

“Adam is an invaluable resource who I trust most when it comes to any aviation need or advice. My partners and I fly for business but our most important cargo is our family. Adam has helped us find two aircraft, one turbo prop and a Citation Jet. Having Adam on our side got us more safe, reliable, and spectacular aircraft at a much better price. For those in need of a representative, and most importantly friend, in the aviation market I vouch for Adam Smith.”

Nick RowleyPartner, Carpenter, Zuckerman & Rowley; Trial Lawyers for Justice

“Adam works hard to put his customers first. He will do what’s right in every situation. We’ve been close friends for over a decade and I trust him entirely.”

Cody VandersliceTextron Aviation, Pre-Owned Jet Sales

“Adam did a tremendous job. He was knowledgeable, professional and aggressively pursued the best deal for me. He could not have made the acquisition a better process.”

Jim AlbertelliEsq. CEO, ALAW

“If you could picture someone jumping up and down on a table yelling about how great Adam is, you would begin to develop a mental image of my experience working with Adam.”

Washington DC Area Phenom 300 Owner

“I had a great experience working with Adam. He found a buyer for my Cirrus within a few days and closed the sale efficiently. He then helped me to find my Eclipse jet by comparing and contrasting every Eclipse that was on the market. He also did this for Phenom 100s and Citation Mustangs. He met me out of town on two different occasions to be involved in test flights. He managed every aspect of the jet purchase with great skill and expertise. His knowledge of the jet market and professionalism are second to none.”

Chris Meyer, MD

“Adam Smith provided the very best service in our plane transaction. He was professional, personable and very responsive to all our needs. I was particularly impressed with Adam’s industry knowledge and his success at working with the various entities involved in aviation transactions. It’s rare that you come across a standout like Adam and he will definitely be who I call on my next aviation purchase. Adam is your ‘go to guy’ for your aviation sales needs! He will literally go the extra mile for you!”

John M.Mac Aviation

“Working with Adam was a great experience. As a seller you want a few things from your broker; knowledge of the market, a sound honest strategy for the sale, great communication and the best price possible. I felt Adam brought all of those to the table. He took the time to help me understand the used market, set up a strategy to sell on my schedule, and was always available to talk it through and give me updates. His ability to give our used Phenom 300 a great value story helped us achieve the best price we could, making our owners very happy.”

Ryan BlanchardAviation Department Manager, Luck Stone Corporation