Sales & Acquisitions

Spring Comments

As we approach the mid point to 2010, we can state with cautious optimism that the recovery in the business aircraft industry is well under way. After a slow 2009 in the aircraft resale business, we have been busy in the first several months of the year with numerous transactions coming to a close. Sales activity has increased across all categories of aircraft with strong interest and activity on all listed aircraft in the first quarter. During the quarter we concluded the sale of a Hawker 800XP, acquired a 1999 Lear 45, a 2008 Citation Sovereign and added a 2009 Gulfstream G150 to our fleet. We have added a second Lear 45 to our sales inventory (see details in this issue) and a number of acquisition projects are under way. Aircraft resale dealers across North America report a marked increase in activity and the number of transactions during 2010 to date, indicating a general sense that the bottom of the market has been reached. With the exception of certain later model large cabin jets such as Global’s, Falcon 900’s and G450/550’s, which have seen a rebound from historic price drops last year, prices generally remain stagnant as inventories of new and used aircraft are slow to reduce. Manufacturer’s of new aircraft are still suffering as demand for new business aircraft is slow to recover and major production cuts have not been made. Canadian buyers are in an excellent position to take advantage of a high Canadian dollar and a large inventory of low priced new and used aircraft to choose from.

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Sunwest Aviation has a proven track record in the new and resale aircraft marketplace. We buy and sell aircraft on behalf of management customers, for our own requirements and for third parties. We have many years of experience with aircraft transactions and can offer you professional advice pertaining to the commercial and technical aspects of these transactions.

Aircraft Sales

If you are selling an aircraft, you should consider an Exclusive Aircraft Sales Agreement with Sunwest Aviation.

Such an agreement entitles you to the following services:

A market review for the aircraft type being sold
Aircraft valuation based on equipment, condition and market data
Aircraft listings in the most effective industry print and electronic publications
Direct contact with locally based aircraft management prospects
Direct contact with other aircraft dealers and operators
Coordination and support of all pre purchase inspections
Review and recommendations regarding all offers and purchase agreements
Coordination of closing.

Aircraft Acquisition

If you are considering the purchase of a new or used aircraft, an Acquisition Agreement with Sunwest will ensure a thorough and unbiased approach to the selection of an appropriate aircraft.

Our services include:

A thorough review and evaluation of buyer's requirements based on mission requirements and budget.
An evaluation of appropriate aircraft types available
Performance analysis and comparison of appropriate types
Recommendation of an appropriate type
Research of new and/or used marketplace for type selected
Research requirements for Canadian registration
Prepare offer to purchase aircraft with appropriate conditions.
Negotiate acceptance of offer to purchase.
Review and negotiate detailed purchase agreement.
Arrange for visual inspection, records inspection, pre-purchase inspection.
Coordinate test flight.
Monitor pre-purchase inspection.
Resolve discrepancies/deficiencies identified in pre-purchase inspection.
Monitor rectification of discrepancies.
Research airframe modifications for Canadian acceptance.
Coordinate title search, closing and transfer of title, warranty, etc.
Coordinate delivery flight.
Complete importation and Canadian registration

Whether buying or selling, contact us today to find out how Sunwest can help you with your decision.

To contact our sales team:
Telephone: 1-888-291-4566
Email: sales@sunwestaviation.ca