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Your new aircraft is an investment - so is your Pre-Purchase Evaluation

Sep 1, 2020, 17:56 PM By: Adrian Nowak
The true benefit of a Pre-Purchase Evaluation is reflected in the preservation of your aircraft’s residual value.

 

The true benefit of a Pre-Purchase Evaluation is reflected in the preservation of your aircraft’s residual value.

A well-advised acquisition will commission an unbiased evaluation by a credible maintenance organization or contractor with proven experience on the aircraft type, and the assessment will have the appropriate scope and detail to facilitate the buyer’s decision-making process.

A diligent inspection will reach far deeper than the appearance and physical condition of the aircraft, and should chronicle the essence of the aircraft’s history, against its strengths and shortcomings.

  • Maintenance - Are the records complete, with all parts certifications present, and all work signed off by a reputable maintenance organization?
  • Modifications and repairs – Are all changes to type design approved, and will they be acceptable if the aircraft is later exported to another state of registry?
  • Safety and regulatory compliance - Are all airworthiness and safety directives in compliance?
  • Operations - How has the aircraft been utilized? Where has it been operated? Has it been based in extreme environments and adequately preserved?
  • Management - Has the aircraft been properly managed by a responsible operator or approved Continuing Airworthiness Management Organization (CAMO)?

Today’s buyer has a wide choice of ‘specialists’ to engage in the aircraft acquisition process; however, their scope can often be short sighted and focused on closing a transaction. Looking beyond the purchase, what are the prospects for the aircraft's future?

Signature TECHNICAir evaluates each aircraft with consideration for its long term viability, ongoing compliance, potential re-registration, and future proofing. This helps ensure that both your new purchase, and its eventual resale, are wise decisions. 

 

 

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