Aircraft Acquisition
Pre-Purchase Inspection & Due Diligence
The pre-purchase inspection and records review show whether the aircraft is what the seller says it is. EDAERO coordinates the inspection scope, the facility and the follow-up on findings.
What it covers
The essentials
Records review
Logbooks, maintenance history, damage history and compliance with airworthiness requirements.
Physical inspection
An inspection at an approved facility, scoped to the type and age of the aircraft.
Engines and programmes
Engine condition and the status of engine and airframe maintenance programmes.
Title and liens
Confirmation of ownership and that no undisclosed charges sit on the aircraft.
Findings and rectification
Which findings are fixed by the seller, priced in, or accepted.
How EDAERO coordinates it
Step by step
- Inspection scope agreed with you
- Facility and dates coordinated with the seller
- Findings reviewed as they arrive
- Rectification and acceptance terms coordinated
Before you start
What to prepare
- A signed letter of intent or purchase agreement with inspection terms
- Your technical representative, if you have one
- Agreement on who pays for what during the inspection
Watch for
Common mistakes
- Narrowing the inspection scope to save time
- Not checking that records are complete before the aircraft goes into the hangar
- Unclear agreement on how findings are handled
Where to go from here
Next steps
Aircraft Registration & Delivery CoordinationCoordinating aircraft registration, export and import steps, and delivery to the new owner.→Sale Agreement, Closing & DeliveryCoordinating the aircraft purchase agreement, escrow, closing and delivery for buyers and sellers.→Financing & Ownership StructuresHow aircraft ownership and financing are commonly structured, and how EDAERO coordinates the specialists who set them up.→Market Assessment & ValuationHow EDAERO assesses the aircraft market and an aircraft’s value before you buy or sell: comparable aircraft, condition, programmes and timing.→Aircraft AcquisitionAircraft selection, market assessment, valuation, due diligence, purchase negotiation and delivery.→
EDAERO Aircraft Transactions
Discuss pre-purchase inspection & due diligence with EDAERO.
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