Closing a jet transaction requires meticulous planning and coordination, especially as we approach the end of 2024. Whether you’re buying or selling, assembling a robust team of professionals is essential for a smooth process.

Engage a Knowledgeable Aviation Brokerage Firm

A skilled brokerage firm like jetAVIVA is indispensable. We assist in finding the ideal jet or buyer and provide valuable insights and options you may not have considered. Our expertise in negotiating terms and managing the transaction timeline ensures that all elements—financing, inspections, contracting, and closing—are handled efficiently. As an industry leader, we can navigate the complexities of year-end deals, leveraging our connections to expedite the buying and selling process.

Consult Tax and Legal Experts

The tax and legal implications of a jet transaction are significant. Working alongside your broker, an aviation-focused tax and legal professional can analyze your situation to optimize benefits and develop a tailored ownership plan. Their guidance is particularly crucial as the year-end approaches, impacting your overall financial strategy.

Start Early to Maximize Benefits

Time is of the essence; initiating the process as soon as possible is key. The right team—broker and tax/legal professional—working together can ensure your deal is completed efficiently before the year ends. Starting early allows for a thorough, organized approach, maximizing benefits and minimizing last-minute challenges.

For Sellers: Capitalize on Increasing Demand

As the year closes, sellers can take advantage of heightened demand. Begin by having your aircraft evaluated by a qualified broker who specializes in your make/model. Our Technical Services department can provide insights on upcoming maintenance, which can be factored into pre-purchase inspections, helping to offset costs and expedite closing.

For Buyers: Be Prepared with Market Knowledge

If you’re a buyer, ensure your acquisition team is in place, including a trusted broker specializing in your target aircraft, along with qualified aviation tax and legal counsel. Contrary to the belief that sellers hold all the power, real buying power comes from market knowledge. Having data about your specific market allows you to make informed decisions quickly and seize opportunities as they arise.

Reach New Heights with jetAVIVA

At jetAVIVA, we are here to support you at every step of your aircraft ownership journey. If you have questions about buying or selling an aircraft on a tight timeline, or if you’re looking to navigate the complexities of year-end transactions, please don’t hesitate to reach out. Let us help you Elevate your Cool in 2024!