|
Consulting Services
ACQUISITION CONSULTING

In
addition to offering brokerage services to our customers, Devon
Aviation has an active aircraft acquisition consulting business
that, over the years, has provided potential aircraft buyers with
the dedication and expertise only available from a full-time
aviation professional. This fee based service is offered in order
to streamline the aircraft acquisition process and minimize or
remove the common pitfalls that confront individuals who attempt to
“go it alone” thinking that they don’t need assistance.
While an
aircraft search can easily be done today by opening your internet
browser and visiting the usual suspects, i.e. controller, aso,
trade-a-plane, aerotrader, aircraftdealer.com, that is only one of
several first steps. Unless the customer is intimately familiar
with the aircraft type that is the subject of the search, reading
the various advertisements can be bewildering. In addition, without
having a detailed knowledge of the aircraft’s specifications,
capabilities, and performance, the prospective purchaser may be
searching for an aircraft that cannot fly the mission.
To be
sure, the main motivating force for not retaining a professional is
the cost. Prospective purchasers who would never consider
purchasing real estate, a business, or even doing their own tax
returns, think they’re saving money by handling everything
themselves. In fact, they are risking financial disaster. An
inability to correctly interpret log book entries, or lack of them,
coupled with choosing the wrong repair shop for a pre-purchase
inspection, can lead to unwelcomed results.
Our
services are meant to insure that the acquisition process goes as
smoothly as possible and that, once the decision to purchase has
been made by the customer, there is little, or no, buyer’s remorse.
We will review not just those listings that are available to
everyone on the internet, but locate, through our extensive contacts
in the industry, aircraft that fit the customer’s needs but are not
being offered for sale. We then will present a representative
listing to the customer. Once an aircraft or aircrafts have been
identified, the hard work begins.
Before
any travel expenses are incurred, the aircraft logbooks are secured
from the Seller and scrupulously examined for any irregularities,
gaps or compliance failures. All Airworthiness Directives and
Service Bulletins are researched to insure the aircraft is in
compliance. Copies of Form 337 are secured from the FAA and matched
against the logbooks. Finally, a title search is done by an
aviation title company so that any defects can be discovered and, if
there are any, a decision can be made as to how difficult, if at
all, curing the defect can be.
At this
point one or more aircraft will warrant further investigation.
Travel to visually inspect and fly the aircraft is scheduled so that
any obvious discrepancies can be identified before an offer is made.
Assuming satisfactory negotiations, a pre-purchase inspection is
scheduled at a repair station known for its expertise and
familiarity with the particular aircraft make, model and/or type.
Depending on the outcome of the inspection, a decision is made
whether to negotiate a revised purchase price or withdraw the offer
to purchase. If the decision is made to purchase the aircraft, a
closing is scheduled.
Contemporaneously, insurance and financing issues are addressed.
Our contacts permit us to assist our customers to get appropriate
insurance for an attractive price as well as secure financing from
one of several sources in the aircraft financing business.
If the
customer requires delivery support, we can provide this service for
a small additional fee. In addition, we have access to a roster of
experienced certified flight instructors to check out the customer
in the aircraft or provide any instruction required by the insurance
company.
Our
results can best be described by the number of customers who come
back to us to sell the aircraft they purchased and retain us to find
them an upgrade. We are dedicated to providing a “top notch” quality
service and to making sure our customer is completely satisfied. We
accept no commissions from the aircraft seller so that there can be
no doubt that we’re working solely in the interests of our customer.
If you’re
contemplating an aircraft purchase, please contact us. We are here
to help you find the aircraft that best suits your needs and budget.
|