Choosing a Market to Sell In ✈️
Description
Today, we break down the differences between general aviation (GA) and business aviation, examining turboprops versus jets, and light, mid-size, and heavy jets. From cost considerations to unique features, we share invaluable insights into deciding which segment of the market is best for you!
Episode Highlights:
•🏢 Market Types:
🌍 General Aviation (GA): High-volume, single-piston sales to owner-operators.
💼 Business Aviation: TurboProps, light, mid, and heavy jets for high-end buyers.
•⚖️ TurboProps vs. Jets Performance:
🚁 TurboProps: Cost-effective, higher weight capacity, lower altitude (typically)
🚀 Jets: Faster, higher altitude, longer range, higher maintenance (typically)
•🧭 Selecting a Jet Niche:
Consider light, mid, or heavy jets based on buyer type and transaction complexity.
•🔍 Transaction Complexity:
💵 Budget jets: Fewer stakeholders, simpler deals.
🛠️ High-end jets: Complex, with pilots, legal, and CPA involvement.
•🔎 Market Research Tips:
Use Controller to check jet inventory, demand, and pricing.
Track data (year, serial, price) to help with valuations.
View on YouTube for a visual companion: https://youtu.be/YZcF1FuL1tM
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