In this interview for Business Jet Traveler, Zipporah Marmor highlights the critical steps for individuals ready to purchase an aircraft, emphasizing the importance of assembling a qualified team. This team should include a knowledgeable broker, an aviation attorney, a management company, and potentially a bank if financing is required. A good team ensures a smooth acquisition process and ongoing aircraft management.
She explains that pre-owned aircraft offer significant advantages, such as quicker acquisition timelines, cost savings compared to new models, and a wider selection, including models no longer in production but still suited to specific missions.
A broker’s role is pivotal in guiding buyers through the process by understanding their travel needs, budget, and preferences. Brokers provide options, assess aircraft pedigree and maintenance history, and make informed recommendations about additional services like financing and legal counsel.
Building trust and rapport with the broker is essential due to the close collaboration required during the acquisition process.
Zipporah emphasizes the value of ethical practices, industry knowledge, and referrals in establishing credibility, ensuring that buyers make informed decisions in this significant investment.
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Buying an aircraft is a major acquisition, and the purchase itself is only one part of the private aviation puzzle. A good broker can help walk you through the steps, so we spoke with Zipporah Marmor, an International Aircraft Dealers Association (IADA) certified broker. She explains what buyers should consider in simple terms.
Link to article: https://bjtonline.com/business-jet-news/flying-privately-buying-an-aircraft-with-a-broker