David Wyndham

Oct 26, 2023 | avbuyer.com | David Wyndham

When buying an aircraft, especially if it is a first-time acquisition, some buyers start and stop at the purchase price. That can be a critical financial error. The acquisition is just the start, meaning that would-be buyers need to do a full cost analysis to make sure the ongoing operating expenses won’t sink their finances. That will require a budget. The budget for owning an aircraft is like any other operational budget. The first, and most important step is to establish the assumptions.