This is part of our services and we will investigate any aircraft records and historical data, along with performing a preliminary on-site inspection with our technicians to determine if we should move to the next steps of the transaction or move onto another aircraft.
It all depend on your tax situation but TPJC experts can help buyers determine if and how they could benefit such tax advantage. We would need to understand more about your tax and income type situation, and our aviation tax attorney is here to assist you and your CPA.
The expert broker team at TPJC handles all communications with lawyers, technicians, representatives, escrow agents, maintenance facilities & programs, inspection facility, registration & insurance agents, crew and management organizations, etc. in order to defend the private jet aircraft buyer’s interests.
Beside the aircraft purchase cost, here are the general associated costs: $7,500-30,000 for legal fees, $5,000-80,000 for pre-purchase inspection, $2,000-4,000 for escrow fees, $5,000 for registration fees, and other fees if required such as tax advice fee, aircraft relocation costs, export/import associated costs, company creation if needed, etc… We can help determine these costs based on the aircraft and your requirements.
It depends on the country and the aircraft current equipment and previous maintenance but The Private Jet Company experts can help determine the costs to make the aircraft compliant with your country’s regulations. 20% of our transactions are international involving change of registration and airworthiness requirements.
Most aircraft brokers do not have the required knowledge to help buyers with structuring a purchasing entity, but The Private Jet Company does. We can coordinate the creation of a company or trust structure depending on your situation and requirements so you can benefit from tax advantages and have your name remain confidential.
The Buyer usually presents to the Seller his desired pre purchase inspection facility and The Private Jet Company will certainly help convince the seller to accept the desired facility. Depending on the aircraft, we can choose the factory or any major shops around the globe. We also help tailor the inspection work scope with our engineers based on the aircraft historical maintenance records and inspections status. Our goal is to cover all the necessary items and to lower your maintenance exposure once you own the aircraft.
Even if the average time to complete a transaction leans around two to six months, The Private Jet Company has completed transactions in less than a week. Our records is actually is 5 days from LOI to Closing. It all depends on the aircraft, the seller’s ability to move fast, and of course on the buyer’s ability to perform quickly. TPJC can certainly help its clients achieve this target.
It is highly recommended to ask for the help of an aviation consulting firm even if a buyer has already determined which aircraft specifically to purchase. Finding an aircraft only represents 10% of the acquisition process. The remaining 90% are where come the risks and where buyers need assistance. TPJC’s experience, knowledge, and resources are devoted to our clients and help them save time and money and reduce the risks.
The new status symbol for China's ultra rich businessmen: a private jet. But before this fad can truly take off, authorities have to loosen up strict regulations governing the domestic airspace. By Kristine Lim ChannelNewsAsia.com SHANGHAI: China is gearing up for burgeoning growth in its business aviation market as it plans to build its...
China is Getting Easier for Business Aviation But Flight Planning Expertise Still Makes Big Difference The new status symbol for China's ultra rich businessmen: a private jet. But before this fad can truly take off, authorities have to loosen up strict regulations governing the domestic airspace. AIN ONLINE by CURT EPSTEIN With business...
July 6, 2022· Covid concerns may be easing, interest rates rising, and the stock market falling, but prospective business buyers of private jets are highly motivated to make their purchases this year because the "free ride" of 100% depreciation in the first year of use, afforded by the 2017 Tax Act, will end December 31, 2022...
Between exhausting lines at security and countless flight delays and cancellations, the concept of a “quick flight” no longer exists. In reaction, many corporations are taking matters into their own hands by investing in corporate jets to fly executives and employees on business trips. For many companies, it is the time savings that...
Private Aircraft Trends Twice as Many First-Time Buyers Looked for Private Jets at End of 2020 vs. 2019; Advice on Aircraft for First-Time Private Jet Buyers North Palm Beach, FL, February 17, 2021 – Driven by continuing concerns about Covid-19, the resulting cuts in commercial air service, and the possible end of Trump-era tax...
Increasing Use of Sustainable Aviation Fuel for Private Jets Expected to Motivate More Buyers “The development of Sustainable Aviation Fuel can help reduce solid waste, clean the air, reduce our use of fossil fuels, and lower carbon emissions, but it will also enable aviation to continue to grow on a far more sustainable basis,” said...
North Palm Beach, FL, Aug 10, 2021 – The explosive growth in the private jet charter business combined with ongoing consolidation among charter operators has created an environment where an increasing number of high-net-worth individuals and businesses are rushing to purchase their first private jet before the end of Trump-era tax...
