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Average lifespan of a business jet?
One other major item that you need to do with whatever you decide to
purchase is to take the time run down the list of recommended and required inspection or overhaul items due within the next couple of thousand hours and get a handle on the costs of them. You don't want to drop a bunch on an jet that turns up needing a required inspection or overhaul that rivals the purchase price. I had an aquaitenence that bought a jet for a fantastic price, but ended up grounding it 300 hours later when a mandatory inspection came due....the labor cost exceeded what he paid for the jet. He though it was a very simple inspection, but it wasn't and it really bit him in the butt when got the estimate. |
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