Buying an aircraft for sale for business use, however, is not the same as buying a company car, and the differences don’t end with the costs and paperwork involved. In other words, there is a lot more at stake when buying a private aircraft. For one, such a transaction should be in accordance with Federal Aviation Administration (FAA) and Internal Revenue Service (IRS) standards. Second, unlike a car which CEOs can use immediately after purchase, private aircraft ownership requires the involvement of a management team.
To get the best value out of a private jet for sale, CEOs need to consider several factors. For instance, an ultra-luxurious plane may be of no use if it is too small or too inefficient for business travel. As such, business execs must first meet with their teams so they can clearly identify the things they need in a corporate jet. It is also crucial to enlist the services of a reputable aviation broker who can provide the necessary guidance.