AltaJet - Jets | Turboprops | Helicopters | Cabin Class Piston Airplanes

Why Buy Online?

Can I really buy a Business or Personal Aircraft online?
And if I can, why do I still need a Broker or Buyer's Agent - at all?
Yes, you can buy it yourself, and with AltaJet Tools, you can Find the aircraft that's best for you, anywhere in the world. Once you've Found It, you can Make an Offer, then Get it Inspected. AltaJet will Close the Deal based on your input. All that's left is for you to Fly It Home.
The question is, How much do you want to do?
• Using AltaJet Search Tools, you can create a shortlist of aircraft for sale that meet your specs in less than 10 minutes.
• Using AltaJet Forms, you can create wire transfers and escrow deposits by simply filling in the blanks.
• Using AltaJet Guidance, you can have it inspected and fly it home.
But regardless of how much you do yourself, buying a business or personal jet, turboprop or helicopter is still a big purchase. Making an Offer through an established agent - professional to professional - will usually result in a lower price and smoother transaction, more than offsetting AltaJet's nominal fees.

Why AltaJet?

Who does AltaJet represent?
You and only you, the Buyer.
There is never a question or conflict of interest.

Experience?
Yes our offline operation has bought, sold, imported and exported literally hundreds of aircraft for over 30 years and 2 generations. We operate worldwide, with a home base in the United States. We're a dominant player throughout South America.
Online, with AltaJet, we're reinventing the industry by:
• Returning control of the process completely to the Buyer
• Allowing tech-savvy buyers to Do It Themselves
• Using the Internet to Find any aircraft in the world
• Passing these tech-enabled savings on the the Buyer
while offering as much - or as little - assistance as the Buyer chooses.

What Types of Aircraft can AltaJet help me buy?
• Business and Personal Jets
• Turboprops
• Helicopters
• Cabin Class Piston Airplanes

What Level of Service does AltaJet provide?
As much - or as little - as you want.
• We'll Make an Offer [link to Offer] on your behalf and let you handle the rest.
• We can walk you through the process, recommending aircraft, inspections, delivery terms, etc.
• We'll Find [link to Find] the aircraft that's best for you and manage the process from Offer to Delivery, keeping you advised with regular updates from our mutually established timeline.
Keywords: You. And Choose. At AltaJet, You are always in control of the process.

Fees. How, When, and How Much is AltaJet paid for its services?
Buyer pays a Service Fee of 1.5% of the purchase price of the aircraft, from escrow upon successful closing.

Does AltaJet auction aircraft or bid at auctions?
No, and for good reason. Although auctions look like a good way to get a 'deal' on a desperation sell, they're usually accompanied by high minimum bids. Often, auction frenzy results in artifically high demand which can actually result in a higher price than the market might normally demand.
So, if auctions aren't the answer, what's the best way to get the best price?
1- Know the market.
2- Know where the private placements are.
Because the best deals are the deals you never hear about. No guarantees, but we can try.

Does AltaJet maintain an inventory?
AltaJet does not maintain an inventory but our offline affiliate holds a small stock of choice aircraft. We can often direct you to financial institution sales, government agencies and corporations who have lease retirements, trades, or are downsizing a fleet, all of which can result in attractive savings when handled off-market.

International Transactions

Does AltaJet deal internationally?
Yes. We're fluent in English, Spanish and Portuguese. We can get by in German and French. We have Russian resources if you need them. [Let's be aspirational] Our background in the United States spans 30 years and 2 generations. We operate regularly throughout Central and South America and regulary touch Western Europe. We can help you with
• Offshore Registration
• Ownership Structures
• Crew Sourcing
• Ferry and Post Closing Deliveries
anywhere in the world.

Are the fees different for international transactions?
AltaJet's fees are the same, but the savings can be even greater.
Due to the complexities of international sales (especially to and from the United States since 9/11) Sellers are often hesitant to deal with unknown or inexperienced buyers and adjust their prices upward, accordingly. AltaJet eliminates the doubt and the hesitancy.

Should I be concerned about buying a foreign aircraft?
Absolutely not. Although most transactions are conducted in US$, differences in the economic climate of different countries or international corporations can often offer 'deals' that might not be available in any given domestic market.

What are the additional requirments if I am Importing or Exporting an aircraft?
Requirments vary from country to country. AltaJet can manage the process and often combine these inspections into a single PrePurchase Inspection which can save considerable time and money.
For United States transactions, you will need an FAA Certificate of Airworthiness.
AltaJet has an in-house Designated Airworthiness Representative (DAR) to walk your aircraft through the process.

Who is responsible for the cost of the Export Certificate of Airworthiness for Import-Export?
The Buyer.

Inspections

What does a Pre-Purchase Inspection involve?
::::: Pat, need copy here. You can provide the copy, or simply direct me to a link describing this type of inspection. There is a link here from the Inspections page for those who need more info.::::: Pat, need copy here. You can provide the copy, or simply direct me to a link describing this type of inspection. There is a link here from the Inspections page for those who need more info.

Is a PrePurchase Inspection required?
No, not unless the aircraft is being imported or exported. For domestic transactions, the aircraft can be purchased "As is, where is". Except under very special circumstances, AltaJet strongly recommends an appropriate inspection and can [will, not can?] work with you to determine the types and scope of inspections best for you.

Who pays for the PrePurchase Inspection?
To avoid conflicts of interest, the Buyer pays for the PrePurchase Inspection. Then, the Seller pays to correct or repair any airworthiness discrepancies that might be identified. AltaJet has established relationships with [name, type of services] worldwide and can help you determine the type of inspection best for you. For more information, see [Inspections, link to come] and List of [bookmark to resources]

Escrow Deposits

Why must I make an Escrow Deposit?
To demonstrate your good faith. Generally speaking, the greater the escrow deposit, the more seriously the offer is taken. The Seller needs to know that when he says 'yes', the Buyer is ready, willing and able to connsumate the deal. An Escrow Deposit takes the aircraft off the market so that negotiations can begin and the deal be consummated, and allows for pre-purchase inspections, which may determine the amount of the final offer.

How much is my Escrow Deposit?
The 'industry standard' is typically:
Pat, please double check this

		Purchase Price	Amount
		Less than US$ 1M	US$ 25,000
		US$ 1M - 5M	US$ 50,000
		More than US$ 5M	US$ 100,000

What happens to my Escrow if the Offer isn't accepted?
You can redirect the deposit to apply to a second offer, or you can ask for full and immediate refund. You're under no obligation unless the deal is consummated.

Does AltaJet provide a Sample Escrow Transmittal Letter?
Yes. ► Escrow Transmittal Form [to come]

Can you recommend an Escrow Agent that specializes in aircraft transactions?
There are several. AltaJet knows and works regularly with: Aero Records and Title Co., Aerospace Reports, AIC Title Service, and Insured Aircraft Title Service. ► Aircraft Escrow Agent Contact Info

What happens to my Escrow if the Offer is accepted and I change my mind?
Each contract sets forth specific remedies. That's why it is important to work with a reputable Buyer's agent, especially if your Offer isn't 'standard'.

Financing and Insurance

Does AltaJet provide Financing and Insurance?
No. But we do have established relationships with companies who specialize in aircraft finance, off-market aircraft and private placements and can suggest what to look for.
    ► In some cases, we might be able to generate savings that an individual Buyer can not.
    ► Aircraft Finance Companies
    ► Aircraft Insurance Companies

Legal Issues

Does AltaJet provide legal assistance?
No, AltaJet does not provide legal represenation.
But we commonly work with corporate legal departments and government agencies to provide them with whatever documentation they might need. Having AltaJet communicate directly with your legal representative can save you time and make the process go more smoothly since, in many cases, we know the questions and have the answers before they ask.

Maintenance

Where do I have my aircraft serviced?
Although maintenance facilities abound, you should choose based on the Type and Usage of your aircraft. AltaJet can help you short list the services you'll need, where to find them, and help you obtain the best price.
► Aircraft Maintenance Companies

Modifications and Upgrades

Can AltaJet obtain discounts I might not get alone?
Often, we can, for:
• Avionics {Bookmark to Resources for all]
• Compliance and Regulations (TCAS, RVSM, TAWS, JAR Ops, etc.) [define?]
• STC Installations [define?]
• Livery, Graphics, Paint and Interiors
• Engine Upgrades, Exchanges, Overhauls
Here's a partial list of the Resources available [Link to resources]. If you have someone else in mind and would like for us to contact them on your behalf, just let us know. [Contact link]

Trades, Private Placements, Off-Market Transactions

Can AltaJet help me trade up or down?
Yes. [Email link or link to contact page: Contact us to discuss your options]

Bluebook Valuations
Why can't I rely on Bluebook Valuations?

Escrow and Transmission Letters
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Offers to Purchase
Why can I make only One Offer at a time?

Private Placements and Off Market Aircraft
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