Keeping Your Business Aircraft
At The Top Of The "Most Wanted" List
Whether it’s for the best cars, restaurants, or vacation spots, everybody loves a good Top 10 list. And that goes for business aircraft buyers too.
According to our friends at BCA Digest, the top 10 selling business aircraft for 2022 were: (drum roll please)
#10: Bombardier Challenger 350/3500
#9: Pilatus PC-24
#8: Bombardier Global 7500
#7: Gulfstream 650-series
#6: Citation C680 Latitude
#5: Piper PA-46-500TP/600TP
#4: Daher TBM 900-series
#3: Embraer Phenom 300
#2: Pilatus PC-12
#1: Cirrus Vision Jet
But why would anyone care about the Top 10 list? Well, if you’re in the market for a new airplane, I’d guess you could get some boost in your confidence that the aircraft you’re considering is popular with so many other owners.
Also, knowing the airplane you choose is among the more desired models today, there’s a good chance that if you take care of it, it’ll draw more interest when it’s time to get the next one. And by “interest,” I mean a quicker sale at a higher price.
Still in the “top 10” five years from now. At first glance, beyond the obvious, it may be hard to find similarities between aircraft models in
the 2022 list. What could a Piper or Cirrus have in common with a Global? Well, a lot more than you think.
New or older, top 10 or not, no matter what type of aircraft you buy, sooner or later, you’re going to want to sell it. And that’s where all the little things you’ve done while owning that airplane will add up to putting it at the top of the next buyer’s most wanted list.
Take how you manage your aircraft’s operating and maintenance logs. For example, even if you’ve kept meticulous logbooks noting every turn of a screw when it comes to pre-buy time, someone is going to have to go through each page of every logbook, 8130, and STC form to verify every action, alteration, or upgrade on that aircraft.
But what if one of those logs, or even a single page, is lost or damaged beyond recognition? Do you have any idea what it would cost to go back and re-verify that information? Or how said missing information would impact the overall value of your aircraft. It could run into hundreds of thousands of dollars.
Even in the best situations where every logbook and record are accounted for, manually auditing each page is a time-consuming task ripe for errors and omissions. And, like missing information, any mistake could well make a significant negative dent in the final selling price.
The present solution.
Aircraft owners who take the proactive step to digitize, organize, and store all of their aircraft’s records and logbooks on Bluetail’s secure cloud-based platform eliminate all those worries forever.
Anything and everything that you could ever want to know about that aircraft’s back-to-birth history is just a click away.
Talk about protecting your investment. Talk to any qualified aircraft broker or dealer, and they’ll tell you that it's commonly accepted that complete logs account for 30 percent or more of an aircraft’s ramp value.
An airplane with incomplete, or heaven-forbid, missing logs has little or no market value – at least not amongst reputable buyers and sellers. While that’s pretty extreme, good airplanes have been scrapped because of the high cost of replicating any missing information. And that’s a shame!
Even in much less drastic instances, in the minds of most informed buyers, sloppy, incomplete, and disorganized logbooks are unmistakable signs that the airplane wasn’t maintained to the highest standards – and that will cost you. At best, you won’t get top dollar, and at worst, you will lose the deal.
Bluetail makes it so simple, easy, and cost-effective to eliminate all those issues forever. All you have to do is take the first step and schedule your free personalized demo: