Acquiring a private jet aircraft is fraught with the potential to make these seven expensive mistakes that can be avoided with a qualified aviation team.
Incentives to finance a business aircraft include cheap money, no to low cash outlay, tax write-offs, lessor/lender competition, and customized solutions.
Business aircraft owners should take precautions now to shield themselves from the potential of Covid-19-related claims by pasengers, crews, and others.
In the last two years, many underwriters have exited aviation insurance while those remaining have tightened underwriting standards and hiked premiums.