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Common questions

Frequently asked questions.

Buying, selling, leasing, financing and managing a private aircraft -- twenty years of the questions clients actually ask.

Buying an aircraft

Why would I need an aircraft broker to help me acquire an aircraft?

Buying an aircraft on your own is like building a new house without a general contractor. We assist clients through the acquisition by leveraging internal resources and expertise -- we complete roughly 40 aircraft transactions a year, about 80% of them acquisitions, and clients typically save significant time and money.

Is TPJC's acquisition fee covered by the seller or the buyer?

Acquisition involves complex risks and expenses. A seller's broker defends the seller's interests, while TPJC defends the purchaser's -- and we're paid by the party we represent, in this case the purchaser.

Do I have to prepay an aircraft broker for services?

No. TPJC is only paid upon successful closing, in most cases directly from escrow -- and you can end the engagement at any time if you're not satisfied.

Do I need a broker like TPJC if I've already found an aircraft?

Yes, we still recommend it. Finding the aircraft is only about 10% of the acquisition process -- the remaining 90% is where the risk lives.

I need an aircraft as soon as possible. How fast can I close?

Average transactions take two to six months, but we have closed in under a week -- our record is five days from LOI to closing. Speed depends mostly on aircraft type, seller flexibility, and buyer readiness.

Who chooses the pre-purchase inspection facility?

The buyer usually presents the seller with a preferred inspection facility, and we help get it accepted. We also help tailor the inspection's scope to the aircraft's history and maintenance records, to minimize future exposure.

I do not want to purchase the aircraft under my own name -- can you help with this?

Most brokers lack this expertise, but we can coordinate creating a company or trust structure depending on your situation and requirements, for tax and privacy purposes.

I would like to register the aircraft in my own country -- what will it cost?

Costs vary by country and by the aircraft's equipment and maintenance history. Our experts help determine what it takes to make an aircraft compliant with your country's regulations -- about 20% of our transactions involve an international registration change.

What are the typical costs for an aircraft acquisition, beyond the purchase price?

Typically: $7,500-30,000 in legal fees, $5,000-80,000 for the pre-purchase inspection, $2,000-4,000 in escrow fees, and around $5,000 in registration fees -- plus possible additional costs for taxes, relocation, export/import, or forming a company.

Who handles communication with all the parties in the transaction?

Our team handles all communication with lawyers, technicians, representatives, escrow agents, maintenance facilities and programs, the inspection facility, registration and insurance agents, and crew and management organizations.

How does a buyer benefit from aircraft depreciation?

It depends on your individual tax circumstances. Our team can help determine eligibility, and our aviation tax attorney works with clients and their CPAs on the analysis.

How do I avoid spending money on a pre-purchase inspection for an aircraft with problems?

We investigate an aircraft's records and history and run a preliminary assessment before you commit to a full inspection, so you can decide whether to proceed or look at other aircraft.

Selling an aircraft

How fast can TPJC sell my aircraft?

It depends on aircraft type and pricing expectations -- we've sold listings in as fast as nine days, and we give you an upfront timing estimate after the initial review.

Where are aircraft advertised for sale?

On every major public aircraft site -- Controller, AvBuyer, GlobalAir, Trade-A-Plane -- and aviation trade publications, plus broker-dedicated platforms like JETNET and AMSTAT, and direct outreach to management companies, operators and industry associations.

Can I still fly my aircraft while it is for sale?

Yes, typically until a deal is signed. Once purchased, you'd relocate the aircraft to the pre-purchase inspection facility -- we work to minimize downtime and can help arrange a temporary replacement aircraft.

How can you help me upgrade aircraft without losing availability?

We coordinate a simultaneous sale and replacement, trying to match closing dates so you avoid an aircraft-free period. Trading in your aircraft may reduce its value, but it eliminates the risk of owning two at once.

Leasing & chartering

Can I purchase an aircraft for depreciation benefits without the inconveniences of ownership?

Yes -- we developed ownership programs with select operators where an owner is paid up to 10% of aircraft value per year, uses 100% depreciation for tax purposes, and flies at direct operating cost while the operator covers all other expenses.

What is the best option -- purchasing, leasing, or chartering?

It depends on your mission profile and financial preferences. Based on a detailed financial analysis of those factors, we'll present alternatives to help you land on the best financial and strategic outcome.

Can TPJC help with a short-term aircraft lease?

Yes. We've completed a large number of short-term leases -- from one month to several months, all over the world -- for maintenance downtime and similar situations.

Can I include a purchase option in my lease?

Yes. A purchase option typically deducts the portion of the lease already paid toward the purchase price -- generally 20% to 50% -- with the purchase price set either at lease inception or when the option is exercised.

Can I charter the aircraft during a lease to offset ownership expenses?

Yes, and our team can help you negotiate that with the owner.

Can I use the aircraft depreciation for my taxes in a lease?

No -- since a lessee doesn't hold the aircraft title, they can't benefit from depreciation for tax purposes. That does mean the lessee is also protected from any drop in market value, which only affects the owner.

Would chartering my aircraft really reduce my ownership expenses?

Yes, in significant ways. Ownership involves both fixed and variable expenses; chartering generates revenue or offsets costs, and your management fee may also decrease based on charter-hour deductions.

Do you have ownership programs that reduce flight costs considerably?

Yes -- we work with creditworthy operators offering charter and lease programs that guarantee charter hours, or cover all expenses plus a fixed rent, depending on utilization and aircraft type.

How does chartering my aircraft change my ownership expenses?

It changes them in both directions -- increasing some expenses while reducing others. Ownership involves fixed and variable costs; chartering generates revenue or reduces expenses and management fees accordingly.

Financing

Wouldn't it be cheaper to go to my traditional bank for financing?

Traditional banks often offer lower rates, but with higher requirements and more restrictions. We can also secure financing through second-tier lenders or private funding.

How much do I have to put down for financing?

Typically 25-30% -- though we've secured as low as 15% down for clients with strong credit profiles.

What are your financing sources?

Financing comes from various channels depending on the aircraft and buyer, including major financial institutions, independent aircraft loan brokers, and private funds.

How fast can I obtain financing to purchase an aircraft?

Typically around 30 days -- we assist in securing financing throughout the transaction.

Management, crew & trade-in

I need to find new crew -- can you help?

Yes. We maintain a comprehensive database of pilots, technicians and flight attendants built over the last 20 years, and partner with aviation staffing companies for crew placement.

How can I verify I am not being overcharged by my management company?

Without a formal audit it's difficult to say for certain, but we can review your billing statements and compare rates against other management companies' pricing.

How can I find the best aircraft management company?

We determine which management company suits your specific needs and geography. We've evaluated hundreds of management companies and negotiated strong terms and conditions based on cost, experience, efficiency and client feedback.

Do I need a local management company?

We generally recommend hiring local management with the right credentials, for personalized on-site support -- remote management is possible but more challenging. We help you compare options and monitor service quality either way.

How can I get a better deal with my management company?

Through relationships built placing over 300 aircraft with management companies globally, we've been able to secure better terms and pricing for our clients.

What criteria should I consider to find the best management company?

Convenience to your preferred departure airport, management costs, the company's experience with your aircraft make and model, and the availability of experienced pilots and maintenance staff -- we help you weigh all of it.

Can an aircraft broker take my aircraft on trade?

Most brokers lack the financial capacity for inventory, but TPJC does -- we can take an aircraft into inventory by purchasing it, and help you with the purchase of a replacement upgrade aircraft.

What kind of aircraft does TPJC accept in trade?

We accept all aircraft in trade for inventory -- contact our team for a free valuation.

What are the advantages of trading in an aircraft?

A simpler, faster transaction; lower risk of owning two aircraft at once; and real peace of mind.

Still have a question

Talk to the team directly.

Every deal is different. If your question isn't answered above, reach out and we'll walk through it with you.

Speak with us