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A client fancies owning a private jet? Here's what you need to know to make the purchase...

Howard Ricklow, partner, Collyer Bristow, 18/09/2019

Business jets range from very light jets, mid-size jets, super mid-sized jets, large jets and long-range jets; with the price dramatically increasing across that spectrum. This article will discuss the main legal, commercial and technical ramifications involved in the purchase of a pre-owned business jet, which is the most common transaction-type for most UHNW clients. 

It is essential to manage the client’s expectations. Clients used to the relative simplicity of buying a trophy asset such as a Ferrari or an expensive piece of art need to be advised of the relative complexity of acquiring a pre-owned business jet. The pro...


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