Steve VarsanoFounder at The Jet Business

Always investigate the airplane’s history before making a purchase.

Name: Always investigate the airplane’s history before making a purchase.
Uploaded: 2024-06-30T20:07:02+00:00
Duration: 54 s
Channel: Steve Varsano
Description: In this monologue, the speaker emphasizes the critical need to verify an aircraft’s history before a sale. He explains that sellers must first confirm…

30 Jun 2024 · 1 min

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In this monologue, the speaker emphasizes the critical need to verify an aircraft’s history before a sale. He explains that sellers must first confirm the plane’s maintenance pedigree, storage locations, and overall condition. Once a buyer enters a purchase agreement, the aircraft undergoes a comprehensive pre‑purchase inspection that disassembles the plane, reviews the logbook from its first flight to the present, and checks for any erosion or undocumented part changes. The inspection ensures airworthiness but can be costly, typically ranging from $30,000 to $150,000, depending on the aircraft type. This thorough due‑diligence process guarantees the airplane is ready for delivery to the client.

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One thing when we're selling an airplane, people always need to know what's the history of the airplane. How do we know that the maintenance is correct, the pedigree is correct, how it's been maintained, where it's lived, location, or in a hangar. We actually do a lot of that groundwork before we're presenting an airplane for a client. When they decide to buy that airplane, we get further into the detail. The fact of the matter is, is once an aircraft gets put into a purchase agreement, the airplane goes into what they call a pre-purchase inspection. That inspection rips the airplane apart from top to bottom and analyzes everything in the airplane to see that everything is airworthy. They look around for a erosion. They take the logbook, they go from day one of birth of the airplane to the current day, make sure every single detail is documented and every part that's been changed is in there. It's really a detailed inspection. It's actually quite expensive depending on the airplane. It could be between $30,000 and $150,000. That's how we're sure when the airplane is ready to be delivered to the client.