Stephen Kelly, Global Sales Director for Global Aviation Exchange Limited, or Global AVX, discusses the online auction platform his company has developed for aircraft brokers, as well as direct sellers, as a mechanism for purchasing, selling, and leasing aviation assets. Topics covered include:
- The company's mission to provide a transparent and accountable platform the aviation industry can trust.
- Market reaction to Global AVX's services given the "new normal" under the global pandemic.
- How Global AVX's offering fits into a Broker's, or Acquisition Consultant's, toolbox.
- The platform's process for filtering genuine buyers such that sellers are only dealing with financially qualified bidders.
- The time required to complete the actual auction process.
- How sellers can secure against a final bid that does not meet their minimum sales figure.
- The types of fees that interested parties are required to pay to utilize Global AVX's platform.