Sales
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The sale of an aircraft requires a thorough understanding of the
aircraft model to be sold, the ability to evaluate and assess its
“true” market value, and the ability to identify and present the
aircraft to qualified prospective buyers worldwide in a manner which
achieves its optimal sales price. The knowledge required is
comprehensive in scope and requires a team of experts in marketing,
maintenance, law and finance.
Avia Americas from its inception was
formed on the basis of partnering with the best in these fields
enabling us to provide the required expertise few can. From our
proprietary database of prospective buyers to the closing and delivery
of the aircraft anywhere in the world, over 100 years of combined
partner experience makes the transaction seamless.
Aircraft / Market Valuation
We prepare three reports in assessing the aircrafts value: 1. A report
showing the aircraft value as per the industry standard valuation
service, 2. Sales transactions over the past 12 months, and 3. A
“Comp” sheet of on and off-market aircraft currently for sale. The
values are adjusted to the total times, options, and condition. It is
the due diligence required to properly assess the aircrafts value.
Setting the Sales Price
Based on the Aircraft/Market Valuation, a suggested sales price is
given the client. It will best reflect the price level we believe will
sell the aircraft. The client can either agree to the recommended
price or advise his/her own realistic price, the value of which is
mutually agreed upon. The Avia Americas team will do all possible to
further enhance the value of the aircraft by providing financing and
services options to prospective buyers.
Preparing For Market
Once the sales price is set, we begin the process of preparing the
aircraft for market. We photograph the aircraft if required, prepare
specification sheets and photo brochures for submittal to prospective
buyers, and place the photos and specifications on Avia Americas web
site.
Marketing
Marketing is done in two stages: 1. Off-Market, and 2. On-Market.
Off-Market begins by sending direct email campaigns to current turbine
aircraft owners and our proprietary list of prospective companies and
individuals. The aircraft is offered with finance and trade options.
We prefer Off-Market as the “best” price is normally attained by
dealing with the owners/prospective buyers direct and it has given us
good results. It also keeps the clients business confidential.
On-Market campaigns are done by placing the aircraft for sale on a
respected Aviation Market Intelligence service that serves a limited
number of important broker/dealers in the world. We also advertise in
productive buyer targeted publications.
Communications – Offer to Purchase
The Avia Americas team receives, responds, and qualifies all inquiries
and communicates the activity as well as market changes to the client
on a weekly basis. All offers are negotiated to represent the client’s
best interest and are submitted to the client for review. When the
basic terms are agreed upon by all parties, the buyer is asked to send
a deposit into escrow, and the offer goes to our attorney for review.
Working with buyers attorney, he inserts the terms found in the Sales
Agreement to the Offer, this to avoid disagreements which could delay
or terminate the sale later on.
The Sales Agreement – Pre-Purchase Inspection
As per the Offer, the terms are inserted into the Sales Agreement by
our attorney and the contract is executed making the deposit
non-refundable. At that time the aircraft is relocated to the
Pre-Purchase Inspection facility. We have excellent relationships with
manufacturer repair facilities and will make recommendations as to
where to have the pre-purchase inspection done. This would have been
included in the Offer to Purchase and the Sales Agreement. Our expert
will remain with the aircraft to oversee the pre-purchase inspection
through the acceptance flight further protecting the clients’
interests.
7. Closing
Having closed hundreds of aircraft transactions, our attorney will be
there at the closing ensuring a smooth transaction and that all
required documentation is in order and filed with the appropriate
parties (banks, FAA, etc.).
No matter the complexity of the transaction or part of the world the
parties are from, the Avia Americas team is there to protect your
interest and ensure a smooth transaction.
Let us protect your
interest.
Contact
Us for a Free consultation.