Transaction Checklist

https://www.glada.aero/wp-content/uploads/2021/11/Transaction_Checklist.pdf

 

TRANSACTION CHECKLIST

ACQUISITION
1.     Sign acquisition agreement
2.     Receive retainer
3.     Determine suitable models
4.     Preliminary research
5.     Narrow down to 2-3 planes for offers
6.     Make offer(s)
7.     Sign LOI
8.     Determine PPI Scope and Location
9.     Send deposit to escrow
10.  Negotiate APA
11.  Sign APA
12.  Relocate Aircraft to Service Center
13.  Prepay PPI Costs
14.  Begin PPI
15.  Hire Management and/or Pilots
16.  Obtain insurance
17.  Secure hangar space
18.  Tax planning
19.  Secure financing
20.  Review PPI
21.  Schedule post-closing improvements
SALE (pre-closing)
1.     Present offer to seller
2.     Negotiate offer
3.     Sign offer
4.     Receive deposit
5.     Negotiate APA
6.     Sign APA
7.     Approve PPI work scope
8.     PPI prepayment
9.     Deliver aircraft to service center
10.  Begin PPI

Transaction Checklist

 

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