Contents
- 1 How do I become an aviation broker?
- 2 Are aircraft brokers licensed?
- 3 How much do aircraft brokers make?
- 4 How much do private jet brokers make?
- 5 What does a private jet broker do?
- 6 What is an aircraft dealer?
- 7 What is the cheapest private jet?
- 8 Can you make money chartering a jet?
- 9 How do you buy and sell a plane?
How do I become an aviation broker?
An aircraft broker should have some experience in aviation e.g. pilot, flight instructor or mechanic. Sales and marketing experience is also very important along with account management and business development. One year as a broker is often a pre-requisite as is strong knowledge of business software.
Are aircraft brokers licensed?
You may need an ‘ aircraft dealer’ license, but that is simply a license that allows you to acquire aicraft for inventory without paying sales tax.
How much do aircraft brokers make?
Aviation Broker Salary
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $400,000 | $33,333 |
| 75th Percentile | $86,500 | $7,208 |
| Average | $99,536 | $8,294 |
| 25th Percentile | $45,000 | $3,750 |
How much do private jet brokers make?
While ZipRecruiter is seeing annual salaries as high as $90,500 and as low as $19,000, the majority of Private Jet Charter Broker salaries currently range between $32,000 (25th percentile) to $65,500 (75th percentile) with top earners (90th percentile) making $83,000 annually across the United States.
What does a private jet broker do?
Jet brokers know industry standards and they know safety inspections and certificates. They have access to this information regarding each aircraft. They can pull FAA records and confirm that the private jet has passed inspections and is certified for air travel. In addition, brokers also have access regarding pilots.
What is an aircraft dealer?
Aircraft dealers are typically businesses that take in airplanes in trade, or proactively buy inventory for the purpose of resale. Dealers are granted Dealer Registration Certificates from the FAA which exist as temporary registration documents during the period between buying and selling the plane.
What is the cheapest private jet?
The cheapest private jet on the market is the small but mighty Cirrus Vision Jet at $1.96 million. The Vision Jet is the world’s first single-engine private jet, powered by a Williams International FJ33-5A turbofan engine that produces 1,800lbs of thrust.
Can you make money chartering a jet?
When the owner is not using their aircraft, it can be earning revenue by flying charter. You will generate revenue that will offset the cost of owning and operating the aircraft. An aircraft that charters for $3,200 per hour can cost about $1,700 pr hour for the variable expenses.
How do you buy and sell a plane?
How to Buy and Sell Used Aircraft
- Analyze Your Needs. Impulsivity is one of the most common mistakes in purchasing a used aircraft.
- Insurance. Find a good insurance company and discuss your plans.
- Financing. GET FINANCING APPROVAL EARLY IN THE PROCESS.
- Factors that affect Aircraft Value.
- Pre- Purchase Inspection.
- Transfer of Ownership.
- Escrow.
- Bill of Sale.