With statistics showing the number of first-time aircraft buyers to be at perhaps an all-time high, David Mayer, a Partner at the Shackelford, Bowen, McKinley & Norton law firm, discusses what first-time private aircraft buyers need to know. This conversation touched on numerous topics, including:
- The types of entities seeking to acquire an aircraft for the first time, and what is motivating their acquisition.
- The private flying familiarity shared by first-time buyers, and their level of knowledge about buying an aircraft.
- How far a first-time buyer's aircraft search is likely to have progressed before they turn to an aviation attorney for assistance.
- The top three topics first-time buyers most want to discuss.
- Guiding a first-time buyer through the acquisition process.
- The top three issues aircraft owners are likely to face once their purchase has closed.
- Services an aviation attorney can provide to first-time buyers that they need to consider.
