If you have decided to purchase an aircraft, but you do not necessarily have the cash to purchase the aircraft outright, or if you do have the cash available, but tax or cash flow implications dictate against paying cash for the aircraft, then you are likely going to finance the aircraft through a lender providing aircraft financing. Aircraft financing is common. However, it differs from traditional financing in a number of ways. If you would like more information on the processes and procedures involved in a basic aircraft finance transaction, please read my new article on the topic here.
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Financing The Purchase Of An Aircraft
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Greg Reigel
Greg has more than two decades of experience working with airlines, charter companies, fixed base operators, airports, repair stations, pilots, mechanics, and other aviation businesses in aircraft purchase and sale transactions, regulatory compliance including hazmat and drug and alcohol testing, contract negotiation, airport grant assurances, airport leasing, aircraft related agreements, wet leasing, dry leasing, FAA certificate and civil penalty actions and general aviation and business law matters.
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