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Duncan Aviation has updated its free “Straight Talk About Buying & Selling a Business Aircraft” guide to help business aviation operators, owners, and prospective buyers better understand the complex process of buying or selling a private jet. The latest edition examines current aircraft market conditions and outlines the steps and considerations involved in both acquisitions and sales.
In addition, it expands on five central tenets for aircraft buyers and sellers: understanding the true costs of ownership; choosing the right aircraft; conducting thorough pre-purchase and pre-sale evaluations; avoiding title, legal, and tax pitfalls; and recognizing that each transaction is more than a financial exchange. According to the publication, success “depends on more than just market timing” and instead requires “the guidance of a trusted partner who understands every nuance of the transaction and is fully committed to protecting your interests.”
Duncan Aviation’s guide emphasizes that a pre-purchase evaluation is the most important safeguard in the process, and warns that “aircraft transactions are high-value, legal events that often span state and international jurisdictions. Missteps can be costly.”
“Acquiring or selling a business jet is one of the most significant financial decisions an individual or company can make,” said Duncan Aviation market research team leader Rebekah Williams. “Our updated ‘Straight Talk’ explores the critical stages of a transaction.”