Post by Jarred Alexandrov
Private Aviation Advisor at Magellan Jets | Helping Frequent Flyers Navigate Charter, Jet Cards & Ownership Strategically
One of the biggest mistakes I see in private aviation is people becoming obsessed with the airplane. The airplane is not always the most interesting part of the decision. The below article discusses the increasing use of financing within private aviation. What caught my attention was that sophisticated business leaders are asking good questions like: "Does owning a jet create enough value to justify the investment?" During my years in mortgage financing, I saw something similar. The most successful borrowers weren't focused solely on the interest rate. They focused on how the financing fit into a larger financial strategy. Private aviation is similar in that the smartest fliers don't start with airplane specs...they start with analyzing which model (or models) fit into their travel patterns. Here are some examples of questions I encourage private aviation clients to think about: 1. What am I trying to accomplish? 2. How often do I fly? 3. Is charter sufficient? 4. Does a jet card make more sense? 5. Would fractional ownership be more efficient? 6. Does ownership actually create enough value to justify the complexity? Yes, we all love to talk about cool aircraft, but the most sophisticated buyers are talking about capital allocation. That's where being an advisor looking out for your money can make all the difference. https://lnkd.in/eEJzAZga #PrivateAviation #BusinessAviation #AircraftOwnership #JetCard #ExecutiveTravel #Leadership #Entrepreneurship #BusinessStrategy #CapitalAllocation