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 |