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Aircraft for sale on the internet - Is this the best way to sell your plane?
Aircraft sales is a growing industry due to the amount of free time
people now have to indulge their pleasures. Before the internet having
an aircraft for sale meant hard work in selling your aircraft
via traditional media - this is still a very niche market.
If you have an aircraft for sale now, the internet has provided a
fantastic easy to access & research tool for exploring the possible
purchasers of your aircraft right across the world.
If selling an aircraft for sale was as simple as sticking a
board to the wing and placing it by the side of the road, there would be
no problem in passing on used aircraft. However, the same effect can be achieved
by targeted internet sales from the variety of aircraft for sale web
sites now demonstrate.
Most aircraft are pretty universal to where their markets are. I personally
fly an aircraft that is german design but made in East Europe that is also
sold in America. Locating a buyer for your aircraft for sale has never
had such a wide audience due to the internet.
Jet Aviation Sold to Permira Funds - is this an aircraft for sale storey?
By Matthew Keegan
Jet Aviation has announced that they have been sold, pending antitrust clearance,
to the Permira Funds a leading international private equity specialist. Ending
several years of speculation, the Zurich based operator of business jet services
has finally accomplished what had long been expected: the sale of the Hirschmann
family business to outsiders.
As early as 2000 the sale of Jet Aviation had been expected by employees
as well as by industry insiders. Indeed, Jet Aviation management had been
marketed openly throughout 2001 by Goldman Sachs, but the sale was cancelled
when a suitable buyer was not found and the terrorist attacks put a further
drag on an already downturning economy. Still, rumors of the sale of the
company persisted and heated up recently with speculation that one of Warren
Buffet's companies, i.e., Gulfstream Aerospace, may have been interested
in the company's maintenance facilities.
Currently, Jet Aviation is a Zurich-based concern employing 3500 people
worldwide. US operations remain strong with the bulk of the employees working
out of Teterboro [NJ] Airport.
Even with the probable sale of the company to Permira, speculation is persisting
as to what will become of the company after the sale is completed. Some industry
leaders believe that the company is more valuable for its parts than as a
single entity. Thus, parts of the company could be sold off and a scaled
down Jet Aviation might remain in place. Areas of the company thought to
be susceptible to a sale include:
1. US Maintenance Facilities. With prime locations at Bedford, Teterboro,
West Palm Beach, and Dallas the American facilities are capable of providing
expert airframe support to just about any type of business aircraft.
2. Completion Centers. Some or all of the company's award winning
completion centers are thought to be highly marketable. From the Boeing BBJ
to the Gulfstream 550, and to the Sikorsky S-70A aircraft delivered "green"
to Jet Aviation facilities are outfitted with state of the art interiors.
3. FBOs. Jet Aviation's group of fixed based operations which provide
domestic and international flight handling, line maintenance services, refueling,
passenger and crew transportation, catering and hotel accommodations and
immigration and customs services are an important asset for the company.
Indeed, the Dubai facility -- Jet Aviation's newest FBO -- is considered
by some to be unmatched in the industry.
4. Jet Professionals. Founded in 1983, Jet Professionals -- an aviation
personnel service provider -- became part of Jet Aviation as part of the
acquisition of K-C Aviation Transportation Services in 1996.
5. Aircraft Management. Over 160 aircraft worldwide are managed by
Jet Aviation including more than 50 in the US alone. Many of these aircraft
are also available for charter. US operations could be sold to Jet Aviation's
strategic partner, New World Jet Corporation, a FAR Part 135 charter certificate
In all, the sale of Jet Aviation ends one big area of speculation while,
at the same time, it has opened up other areas. In the world of business
aviation speculation is business as usual.
Matthew Keegan is The Article Writer who writes on just about any
and every issue imaginable. You can preview samples from his high performing
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