Hey folks, Happy 4th of July!
This month our topic is aviation safety. We know that our clients and customers that receive The Pulse are counting on good quality market data and insights, sprinkled with a JetSwiss perspective. So, let’s dive in…
What is aviation safety really about?
From my perspective, a pilot and operator can know every stitch of FAA regulations, procedures, and rules–but, in reality, aviation safety comes down to four things:
- Good Habits
- Reliable Protocols
- Comprehensive Checklists
- Best Practices (decisions/common sense)
If you consistently excel in these four components, you’ll live to be an old aviator. Ask yourself: the last time you screwed up that instrument approach or didn’t land properly at an uncontrolled field, what was this a result of? The answer is a weakness in one of these four areas.
Now, let’s be honest—whether you are flying, or buying, there is risk involved in aviation.
So, how does aviation safety equate to buying, selling, and managing aircraft?
A simple answer—no surprise here—is the same four components!
Good Habits – Taking the time to regularly check up on and understand the market landscape, engage experts and assemble a team, ask questions, be patient, etc., are all good habits that serve buyers and sellers very well.
Reliable Protocols – Good habits combined with good procedures, create reliable protocols. This involves experience, discipline, and sometimes a little trial and error. After years of building up these aspects, congratulations, you’ve just given life to reliable protocols!
Comprehensive Checklists – Really, checklists involve aircraft certification, aircraft systems, a POH, and TIME to develop. At JetSwiss, we have over 20 checklists, and it feels like we add something to them with each project. With two decades of experience and meticulous consideration of every detail involved in buying and selling aircraft, we’ve developed these checklists.
Best Practices – This is a cumulation of it all! Where the instincts, habits, protocols, checklists—and, yes, ethics—all reside to create general “best practices” for the buying, selling, and managing of aircraft.
Let’s apply these principles to the current market. The availability of Pilatus aircraft has surged by 78% compared to last July. Whereas last year at this time there were only 59 Pilatus available, today there are 105 on the market. While there are more Pilatus aircraft to choose from, it doesn’t necessarily mean better options are available. When considering buying or flying, starting with these four components is essential. Identify any gaps and fill them with effective solutions. If you have all the answers, no need to call me. However, if you recognize what you don’t know, let JetSwiss assist you in your process. It might even enhance your aviation safety along the way.
Fly safe,
The JetSwiss Team