6 keys to successful jet ownership

Presented by Park City Aviators.

Peter Jacagnino, CEO of Park City Aviators

Private jet ownership comes with countless benefits, but the mystery of fully realizing those benefits lies in the details.

Read on to learn how to save your jet’s resale value and increase your efficiency:

Key # 1: Manage your jet maintenance

Let’s start with the big picture: Continuous maintenance of private jets is required to ensure the safety of both passengers and pilots. A proper aviation management company should address your maintenance management needs not only by adhering to the minimum maintenance requirements, but also by understanding the value of preventive maintenance; Use their experience to improve your flight management skills.

Maintenance Figure 4

Key # 2: Use the aircraft program

Aircraft programs such as MSP and JSSI facilitate jet ownership by helping to predict annual operating costs. When it comes time to sell and upgrade, the resale value of your jet will increase because such programs have a favorable market outlook.

Key # 3: Choose the right hanger

A proper hangar should include environmental control as well as ample space for proper operation of your aircraft. In addition to protection from components, your hanger will provide a place to conduct regular maintenance, such as cleaning and lubricating landing gear struts with hydraulic fluid.

Maintenance Figure 1

Key # 4: Make sure your jet’s paint is maintained

“Ramp presence” is an important issue for many private jet owners, and plays a major role in determining the overall quality of a plane. Instead of waiting for your paint to be completely repaired at the end of the usable life, it is much more affordable to constantly review the exterior of your aircraft and fix the slightest stains immediately.

Key # 5: Organize and track your maintenance paperwork

Maintenance tracking is more than just adding hours to the tracking software and performing inspections. It is also a hard work for the aircraft. Accurate, thorough, well-organized, indexed records of all inspections, upgrades and adjustments performed on your aircraft are essential for retaining the value of your aircraft for resale.

Hanger picture 2
Business jet front top view

Key # 6: Perform relevant updates

Naturally, not all updates and service bulletins are necessary. But be aware that the secondary market considers these updates to be significant when determining the value of your jet.

Park City Aviators can make the flight management process mysterious for you and implement all of the above to support you in your successful jet ownership. Visit our website to learn more.

External photo 3
Kyiv, Ukraine – September 4, 2020: Gulfstream G-IV (SP) business jet lands at the airport.

Leave a Reply

Your email address will not be published.