Posted by & filed under Exclusive Listings.

Serial Number 158, Registration Number N721HM

AIRFRAME

TOTAL TIME: 9252 HOURS

LANDINGS

4531 CYCLES

ENGINES

HONEYWELL TFE-731-5BR-1C
8571/8507/8242 HOURS TOTAL TIME
4169/4133/3999 CYCLES
EAP ENGINE PROGRAM

APU

5025 HOURS TOTAL TIME
EAP MAINTENANCE PLAN

AVIONICS

DUAL FMZ-2000 FLIGHT MANAGEMENT SYSTEM (VERSION 6.1.1 SOFTWARE) SPERRY SPZ-8000 FLIGHT CONTROL SYSTEM
HONEYWELL 5 SCREEN EFIS
TRIPLE COLLINS VHF-22C COMMS WITH 8.33 SPACING
DUAL COLLINS VIR-32 NAVS WITH FM IMMUNITY DUAL COLLINS DME-42
DUAL COLLINS ADF-60B
DUAL TDR-94D ENHANCED MODE S TRANSPONDERS COLLINS TCAS II VERSION 7.1
HONEYWELL MARK V EGPWS
DUAL HONEYWELL GPS
TRIPLE HONEYWELL LASEREF III INERTIAL NAV HONEYWELL PRIMUS 870 RADAR
DUAL KING KHF-950 HF
DUAL HONEYWELL RT-300 RADAR ALTIMETERS
L-3 FLIGHT DATA RECORDER AND COCKIT VOICE RECORDER HONEYWELL DL-950 SSDTU
HONEYWELL MARK III CMU
DUAL MID-CONTINENT MD-93 CLOCKS WITH USB OUTLETS TRUE NORTH IRIDIUM TRANSCEIVER
TELEDYNE ANGLE OF ATTACK SYSTEM
ARTEX 406 MHZ ELT

FEATURES

FANS 1/A, CPDLC
SKANDIA SOUNDPROOFING
GOGO/AIRCELL ATG-5000 WIFI
RSVM COMPLIANT
CONCORD 28AH LEAD ACID MAIN BATTERIES

MAINTENANCE

CAMP MAINTENANCE TRACKING
12/24 MONTH INSPECTIONS JULY 2023 36 MONTH INSPECTION FEBRUARY 2024 2C DUE MARCH 2033
1C DUE MARCH 2027
MLG OVERHAUL DUE JUNE 2027
NLG OVERHAUL DUE NOVEMBER 2025

EXTERIOR

NEW PAINT OCTOBER 2014. OVERALL WHITE WITH GREEN AND GOLD STRIPING

INTERIOR

REFURBISHED MARCH 2021. 13 PASSENGER EXECUTIVE INTERIOR PLUS JUMP SEAT. FORWARD 4 PLACE CLUB. MIDCABIN 3 PLACE DIVAN OPPOSITE 4 PLACE CONFERENCE GROUP, AFT 3 PLACE DIVAN OPPOSITE 2 PLACE DIVAN. FORWARD AND AFT LAVATORY. FORWARD GALLEY WITH CREW CLOSET, MICROWAVE, COFFEE MAKER. FORWARD/AFT VIDEO MONITORS. DVD/CD PLAYER. 110V CABIN OUTLETS WITH USB OUTLETS, LED CABIN LIGHTING. COLLINS AIRSHOW 400.

Contact:

Edward A. Vesely , Associate

713-385-6428 Cell
713-644-5100 Phone
713-644-6554 Fax

Posted by & filed under Exclusive Listings.

Serial Number 93, Registration Number N207BC

AIRFRAME

TOTAL TIME: 3494 HOURS

LANDINGS

3153 CYCLES

ENGINES

TFE731-40R-200G
3451/3479 HOURS TOTAL TIME
EAP ENGINE PLAN

APU

GARRETT GTCP 36-150W
2020 HOURS TOTAL TIME
EAP MAINTENANCE PLAN

AVIONICS

COLLINS PROLINE 4 AVIONICS
COLLINS 4 TUBE EFIS
DUAL COLLINS FCC-4000 FLIGHT DIRECTORS
DUAL UNIVERSAL UNS-1EW FLIGHT MANAGEMENT SYSTEM
DUAL COLLINS VHF-422C COMMS WITH 8.33 SPACING
DUAL COLLINS VIR-432 NAVS WITH FM IMMUNITY
DUAL COLLINS ADF-462
DUAL COLLINS DME-442
DUAL COLLINS TDR-94D TRANSPONDERS MODE S
DUAL KING KHF-950 HF WITH SELCAL
COLLINS APS-4000 AUTOPILOT
COLLINS TCAS-94 TCAS II WITH CHANGE 7
HONEYWELL MARK V EGPWS WITH WINDSHEAR
COLLINS WXR-850 COLOR WEATHER RADAR WITH TURBULENCE
COLLINS ALT-50B RADAR ALTIMETER
GLOBAL AFIS
WAAS/LPV
ADS-B OUT
JET STANDBY GYRO
ELT-14
DUAL COLLINS AHC-85E AHRS
DAVTRON M850A DIGITAL CHRONOMETER
DUAL COLLINS ADC-850C AIR DATA COMPUTERS
BF GOODRICH WX-1000+ STORMSCOPE
UNIVERSAL CVR-30A COCKPIT VOICE RECORDER

FEATURES

EXTENDED RANGE FUEL TANKS
HIGH SPEED DATA/WIFI
DEECS
XM WEATHER DATALINK
FAR PART 135
LEAD ACID BATTERIES
EXTERNAL BAGGAGE COMPARTMENT

MAINTENANCE

A/B CHECKS ACCOMPLISHED APRIL 2018 BY STANDARD AERO
C CHECK ACCOMPLISHED MARCH 2022 BY WESTSTAR AVIATION

REMARKS

WILL CONSIDER TRADE FOR FALCON 50

EXTERIOR

NEW PAINT BY WESTSTAR AVIATION MARCH 2022. OVERALL MATTERHORN WHITE WITH MEDIUM
GREY, BLUE HAZE AND BLACK TRIM.

INTERIOR

REFURBISHED 2021. 8 PASSENGER EXECUTIVE CONFIGURATION IN ANDES GREY SPINNEYBECK
LEATHERS. MUSKET PINSTRIPE CARPETING. EBONY WOODWORK. TAPIS ULTRALEATHER HEADLINER. FORWARD REFRESHMENT CENTER. AFT EXTERNALLY SERVICEABLE LAV. SUPER SOUNDPROOFING. ADDITIONAL CABIN POWER SUPPLY.

Contact:

Edward A. Vesely , Associate

713-385-6428 Cell
713-644-5100 Phone
713-644-6554 Fax

Posted by & filed under Exclusive Listings.

Serial Number 5266

AIRFRAME

1,455 hours since new — 343 cycles

ENGINES

Rolls-Royce BR700-710C4-11 S/N 15619 … 1,455 Hours Since New … Engines on RRCC
Rolls-Royce BR700-710C4-11 S/N 15618 … 1,455 Hours Since New … Engines on RRCC

APU

Honeywell RE220 … 1,284 Hours … APU on MSP

AVIONICS

Triple Honeywell AZ-200 Air Data Modules
Triple Honeywell AV-900 Audio Panels
Honeywell Primus II EPIC Integrated Avionics – PlaneView Cockpit
PlaneView Master Operating System Software (ASC-912C) ASC 84D
Enhanced Navigation (ASC 84D)
ASC 89A, Stage 4 Noise Standards Certification
ASC 105, Automatic Dependent Surveillance-Broadcast (ADS-B) Out ASC92
CMF-Satcom Direct
Gulfstream Enhanced Vision System (EVS) w/Cabin Video Monitor Display
Honeywell Head-Up Display (HUD)
Honeywell/Kollsman Visual Guidance System (VGS) Four (4)
Honeywell DU-1310 Flat Panel Display Units
Triple (3) Honeywell MC-850 Multi-Function Control Display Units
Dual Honeywell DC-884 Display Controllers
Triple VHF Communication System
Triple VHF Navigation System
Triple Honeywell Flight Management System
Triple IR-500 LASEREF V Micro Inertial Reference Units
Honeywell GP-500 Flight Guidance Panel
Dual Honeywell MRC-855 Modular Radio Controllers
Dual Collins HF-9034A HF Transceivers with SELCAL
Dual Honeywell RT-300 Radio Altimeters
Honeywell WU-880 Color Weather Radar
Dual Honeywell WC-884 Weather Radar Controllers TCAS: Level 3 RT- 951 TCAS 2000 w/7.1
Enhanced Ground Proximity Warning System (E-GPWS) w/Windshear Detection
Triple Honeywell MAU-913 Modular Avionics Units
SecuraPlane 500 Aircraft Security System
Airshow 4000 Passenger Flight Information System
Emergency Lighting
Emergency Vision Assurance System (EVAS, (Pilot & Co-Pilot))
Aircell Axxess II Iridium Telephone System (Sat phone)
ATG Injection Molded Elec window Shades
Broad Band Multi-Link System (BBML)
Gulfstream Cabin Management System
Passenger Oxygen system Control
Enhanced Vision System (EVS)
Synthetic Vision

ASCs

ASC 65A RAAS
ASC 71A Micro quick access recorder
ASC 83A Planeview Enhanced Certification Foxtrot
ASC 84D Enhanced Navigation (WAAS & LPV)
ASC 89A Stage 4 Noise Standard
ASC 092 CFM Satcom Direct Datalink
ASC 093A Aileron cable fairleads at sponson rib install
ASC 094B Landing gear door restrictor
ASC 96 CPDLC FANS 1/A
ASC 99A Aileron/Elevator power disconnect-removal
ASC 103 TCAS 7.1
ASC 104 Aileron cable rework FS576 floor beam rework
ASC 107 Planeview Enhancement
ASC 112 Elevator Hardover Prevention – Improvement
ASC 113A Planeview Enhancement
ASC 120 EDP case drain
ASC 122 Pressure line supply -mod
ASC 137B Horizontal Stab Cove Panel
ASC 908A Planeview Update (certification Foxtrot)
ASC 910 Planeview Update
ASC 911A Planeview Update

CB’S

All mandatory complied with
CB 941400 ADSB OUT Compliance
CB 941401 FAA NEXTGEN FANS 1/A+
CB 9910001 cabin interior STC

EXTERIOR

Overall Matterhorn White w/ Silver Platinum, Winfield Bronze, Ming Blue Pearl and Gray Stripes. Original

INTERIOR

Seventeen place interior including dual vacuum lavatories, forward galley, featuring a forward four place club in tan leather, mid-cabin with two individual chairs opposite a three place divan in tan leather, four place conference grouping in tan leather, large storage credenza and aft private section with a three place berthable divan opposite one single chair in tan leather. Airshow 4000, 20”LCD Rosen monitor forward, 9” LCD monitors at each seat, 20” LCD Rosen monitor in aft compartment, gold plated hardware, ATG electric window shades, two DVD players, galley features include TIA coffee maker, Enflite oven, Sharp microwave, refrigerator, dual ice chests. Walnut brown matte woodwork, tan leather, beige Corian counter tops.

Contact:

David W. Bausch

917-306-2802 Cell

Robert M. Hart

912 695-1555 Cell

Posted by & filed under Exclusive Listings.

Serial Number 1263, Registration Number N147X

AIRFRAME

TOTAL TIME: 7895 HOURS

LANDINGS

3714 CYCLES

ENGINES

ROLLS ROYCE TAY MK611-8
7871/7712 HOURS TOTAL TIME
3700/3587 CYCLES
MIDLIFES DUE MAY 2024
ROLLS ROYCE CORPORATE CARE

APU

GARRETT GTCP-36-150
5520 HOURS TOTAL TIME
MSP GOLD MAINTENANCE PROGRAM

AVIONICS

PLANEDECK PRIMUS ELITE DU-885 4 TUBE EFIS
DUAL COLLINS VHF-422C COMMS
DUAL COLLINS 462 ADF
DUAL COLLINS DME-442
RVSM CERTIFIED (ASC-380 COMPLIED WITH)
RNP 5/10
HONEYWELL TCAS 2000 WITH 7.1
HONEYWELL PRIMUS 880 RADAR
HONEYWELL LASERTRAK/AHRS
FAIRCHILD A100 COCKPIT VOICE RECORDER
ARTEX 406 ELT
DUAL COLLINS HF- 9000 HF WITH SELCAL
ENHANCED FLIGHT ID
HONEYWELL NZ-2010 FMS WITH 6.1 SOFTWARE
DUAL COLLINS VIR-432 NAVS
DUAL COLLINS TDR-94D MODE S TRANSPONDERS
DL-100 DATA LOADER
8.33 HZ SPACING
HONEYWELL MARK V EGPWS WITH RAAS UPGRADE
ALLIED SIGNAL AFIS WITH SATCOM LINK
DUAL HONEYWELL LASEREF II IRS
DUAL HONEYWELL 12 CHANNEL GPS
FAIRCHILD F1000 FLIGHT DATA RECORDER
HONEYWELL SPZ-8400 AUTOPILOT
DUAL HONEYWELL AIR DATA COMPUTERS
DUAL HONEYWELL RADIO ALTIMETERS

FEATURES

FANS 1A/CPDLC
CABIN BRIEFING SYSTEM
LONG RANGE OXYGEN
WATER LINE RIBBON HEATER UPGRADE
CABIN TEMPERATURE CONTROL PANEL
PULSE LIGHTS
WING TIP TAXI LIGHTS
AERIAL VIEW CAMERIA
ADS-B
AIRCELL GOGO BIZ INTERNET
CABIN FLOOR HEATING
20 GALLON POTABLE WATER SYSTEM WITH STERILIZATION
115 VAC/60HZ AND 220VAC/50HZ POWER THROUGHOUT
RECOGNITION LIGHTS
TAIL LOGO LIGHTS
PART 135 CERTIFIED

MAINTENANCE

HONEYWELL AVIONICS PROTECTION PLAN (HAPP)
FLIGHTDOCS AIRFRAME MAINTENANCE PROGRAM
FRESH 24/48 MONTH INSPECTIONS MARCH 2024
144 MONTH INSPECTION APRIL 2019
72 MONTH DUE MAY 2025

EXTERIOR

REPAINTED MAY 2019. OVERALL MATTERHORN WHITE WITH MEDIUM GREY, CREAM AND CRIMSON RED ACCENTS.

INTERIOR

REFURBISHED MARCH 2019. TASTEFUL 13 PASSENGER EXECUTIVE INTERIOR IN PEARL LEATHERS AND FRENCH COTTONS. BUTTERMERE SIDE PANELS. ALMOND ULTRASUEDE HEADLINER. ALDEN PLUSH CARPETING. HIGH GLOSS BIRDSEYE MAPLE WOODWORK WITH POLISHED GOLD PLATING. FORWARD 4 PLACE CLUB WITH FOLD OUT TABLES, MIDCABIN 3 PLACE BERTHABLE DIVAN OPPOSITE DOUBLE CLUB, AFT 4 PLACE CONFERENCE GROUP WITH RETRACTABLE DINING TABLE CAPABLE OF PROVIDING ADDITIONAL BERTHING AREA. CREDENZA WITH STORAGE, 9” SONY MONITOR, ENTERTAINEMENT SYSTEM AND CONTROLS. 6” ROSEN MONITOR. FULL AFT LAVATORY WITH SINK AND AMPLE STORAGE. FORWARD CREW LAV WITH SINK AND STORAGE CLOSETS. AFT GALLEY WITH SINK, OVEN, MICROWAVE AND 2 COFFEE MAKERS. FORWARD CREW GALLEY WITH COFFEE POT AND ICE DRAWER. NEW LED LIGHTING. UPGRADED AIRSHOW.

Contact:

Edward A. Vesely , Associate

713-385-6428 Cell
713-644-5100 Phone
713-644-6554 Fax

Posted by & filed under Welsch Aviation News.

September 5, 2018, Washington, D.C. – Welsch Aviation is proud to announce and welcome Chris Baillargeon, as the company’s newest Director of Business Development.  Chris will be responsible for developing new clients, tracking aircraft market activity and providing value to analysis for current and future clients.

Chris brings over 11 years of Aviation industry experience, having originally started in aircraft management and charter sales, Chris decided in 2010 to make the switch to aircraft brokerage and acquisition.  His experience gives him a unique ability to understand aircraft from both an operational and value perspective. Chris graduated from Daniel Webster College in 2006 with a Bachelors Degree in Aviation Aircraft Traffic Management

Posted by & filed under Welsch Aviation News.

Some insight on staying engaged from Welsch Aviation’s Director of Sales Dave Bausch.

As the newest member of the the Welsch Team, I am privileged to continue my passion of flying Gulfstream Aircraft as a contract pilot for Fortune 100 companies and all the while holding the position of Director of Sales. Currently qualified on both the G-650 and G-550 (they are superb aircraft), I can tell you first hand they are the ultimate in ultra long distance travel. Both aircraft deliver beyond advertised performance. The customers (Passengers) are looking for reliability and comfort and that’s what they get! On my recent G-550 trip the aircraft traveled west coast to east coast and, after a crew exchange, continued on deep into Southern Europe all without a single issue. These aircraft have the highest reliability rating in the industry.

Continuing to fly as a crew member keeps me operationally connected to the corporate aviation industry, up to date on a myriad of aircraft market related data, and the opportunity to observe directly what the customer is expecting and experiencing.

I invite perspective buyers an/or sellers to contact the Savannah Sales Team for any assistance to meet your aviation needs.

All the Best,

Dave Bausch
Director of Sales

Posted by & filed under Welsch Aviation News.

Welsch Aviation President, Hunter Weiss, recently appeared as a board member of the Greater Washington Business Aviation Association (GWBAA) to present sponsorship for the National Aeronautics Association certification of Shaesta Waiz’s global solo flight. Shaesta Waiz recently became the youngest woman (30) to fly solo around the world in a single engine aircraft as part of her project, Dreams Soar, aimed at inspiring women worldwide to explore the fields of aviation and STEM (science, technology, engineering, and mathematics).
Hunter Weiss meets Shaesta Waiz of Dreams Soar
On May 13th, 2017 Shaesta departed Daytona Beach airport (where she went to Embry-Riddle Aeronautical University) for her global flight. In 30 stops, she visited 22 countries, hosted 32 outreach events and motivated 3,000 young girls and boys. The route (shown below) totaled 24,816 nm in 176 hours of flight time over 4.5 months in a G36 Bonanza, N364ER. Young professionals in countries such as India, Singapore, Egypt, Sri Lanka, and Australia, were all eager to listen to her message. She landed back home in Daytona Beach on October 4th, 2017. Now, with her global solo completed, Shaesta hopes to start a STEM school for girls in her home country of Afghanistan. Read more about Shaesta and her endeavors at DreamsSoar.org.
Shaesta Waiz's Route for Her Global Solo

Posted by & filed under Welsch Aviation News.

On April 21st, Southwest Schools Board Member Ed Vesely served as copilot on a B-17 aircraft at the Gulf Coast Salute Airshow at Tyndall AFB in Panama City, Florida.

Mr. Vesely, Senior Sales Director at Welsch Aviation, is a seasoned pilot with 40 year’s flying experience. He is also a respected member of the Board of Directors at Southwest Schools and continuously provides valuable insight and guidance to our district.

Mr. Vesely is one of the few people that are lucky enough to fly the aircraft known as “The Flying Fortress”. Primarily used as a military plane in WWII and then as a civilian aircraft for several years after, there are currently only 12 of the 12,731 originally produced, flying today.

 

B-17 Flying Fortress

Posted by & filed under Uncategorized.

JimWelschJames C. Welsch, Jr. of Huntington, NY flew west Friday, January 20, 2017 at Huntington Hospital after a short illness.

Jim Welsch was President and Partner of Welsch Aviation until 2014 continuing as a Partner until his final flight. Jim began his career in 1960 at a firm founded by his father in 1949 and together they pioneered the aircraft brokerage business. Jim built upon the corporate aircraft legacy of his father through sales of DC-3s, Convairs, Lockheed Jetstars and subsequently the full product line of Gulfstream aircraft which enabled Jim to grow Welsch Aviation’s aircraft brokerage business.  Over time, he expanded the reach of Welsch Aviation to include four offices across the United States. Jim led Welsch Aviation through the jet age and six decades of sometimes-turbulent air in the aviation business. This dedication allowed Welsch Aviation to be the original and most respected aircraft sales and acquisition organization in the United States.

James C. Welsch, Jr. was born in Cincinnati, Ohio on October 12, 1935 to James, Sr. and the former Effie Mae Bowser. The senior Mr. Welsch, a pioneer of aviation, and his wife welcomed their new son into their family and three months later took him up in an open cockpit, single engine bi-plane for his maiden voyage in the skies.

After graduating from Hofstra University Jim married Gail A. Samuelson of Great Neck, NY. Soon afterwards he began his active duty service as a volunteer in the Army. He joined his father’s aircraft firm at the end of active duty, a move he said, “…was good fortune, the right place at the right time.”

Jim Welsch is survived by Gail, his wife of 58 years, his daughter Kristin and her husband Matthew of Amagansett, NY, daughter Leslie of Huntington, NY and his two beloved grandchildren, Kate and Kamden.

In lieu of flowers, donations can be sent to the Little Shelter Animal Rescue, Post Office Box 1805, Huntington, NY 11743 or The American Heart Association.

 

Posted by & filed under Welsch Aviation News.

Ed Vesely Helldiver

Of the five World War II Curtiss SB2-C Helldivers that still exist, only one is airworthy. Edward Vesely, SBA ’79, is one of only two pilots qualified to fly it.

Vesely, the senior director of sales for Welsch Aviation’s Houston office, is flying in air shows throughout the country, giving spectators the opportunity to see, hear, smell and touch a piece of history. While he calls it an honor, a privilege and a responsibility to fly the Helldiver, his background makes him uniquely suited for the task.

The son of a U.S Air Force mechanic, Vesely was 11 when his family moved from Ohio to Michigan, where his father took a job with the U.S Department of Defense assigned to the Warren Chrysler Tank Plant. Living one mile away from (then) Big Beaver Airport at 16 Mile and John R roads, Vesely would ride his bicycle to watch airplanes on the weekends. His “ramp rat” tenacity paid off when he stumbled upon a 1940 Piper J-3 Cub, abandoned and in disrepair, and set about restoring it back to flight in what he called the “ultimate father-son project.”

Now a resident of Texas, Vesely and his wife and fellow pilot, Carole, still fly the Cub for fun. “In addition, my wife and I use our Beech A-36 Bonanza for domestic travel and support for our corporate jet sales business,” he said. “When your vocation and avocation merge it can make for a satisfying and rewarding career and life.” That certainly seems the case for Vesely, who carved out a career in corporate aircraft sales with his bachelor of science in business management/economics and lifetime love of aviation.

Vesely started flying light WWII-type aircraft early in his flying career. He and his wife of 36 years met as flight instructors in Pontiac, Michigan, and moved to Houston in 1980, shortly after Vesely received his degree from Oakland University. From there, Mitsubishi Aircraft hired him as a sales/demonstration pilot, followed by the launch of his career as a jet broker for the sale and acquisition of corporate aircraft. During that period, he began volunteering with the Lone Star Flight Museum and its WWII flying collection. This led to the invitation to fly the Commemorative Air Force (CAF) West Texas Wing’s Helldiver in 2005.

A carrier-based bomber produced from 1943 to 1945 for the U.S. Navy, the Helldiver was not always loved by its crew. The “Big-Tailed Beast” was considered underpowered, more difficult to maneuver and, in the Battle of the Philippine Sea, 45 were lost because they ran out of fuel returning to their carriers. Yet 7,140 Helldivers were produced, and they were heralded for delivering bombs and depth charges with pinpoint accuracy. Helldiver squadrons contributed greatly toward winning the war in the Pacific.

Although he has flown many WWII-era warbirds, including the Grumman F6F Hellcat, Grumman TBM, P-51 Mustang, B-25 Mitchell and S2 Tracker, his favorite is the Helldiver.

“As far as the mechanical aspects of the airplane, it is a very enjoyable airplane to fly. Roll is very light, pitch is medium in pressure and the rudder is extremely heavy,” said Vesely, his direct voice ticking off the principal axes. “We don’t deploy dive brakes, as we have to respect the fact we are flying a one-of-a-kind airplane that is 70 years old.” The CAF does, however, allow opportunities for flight enthusiasts to take a historic flight in the Helldiver to experience the thrill of a lifetime facing backward in the gunner’s seat.

Vesely said that because of his Oakland University education, his satisfying career in corporate jet sales and extensive volunteer work, he has traveled to five continents and enjoyed associations with people at all levels of society.

“These experiences have helped me to recognize the importance of quality education which led me to such a vast array of opportunities,” he said.

Through his educational leadership as a board member of Southwest Schools, a local charter school in Houston, and involvement with the CAF in perpetuating living history, Vesely hopes to help the next generation understand the importance of education and the role that history serves. When young people can honor the lessons of “The Greatest Generation” and experience living history, perhaps they will better understand how to avoid errors of the past.

“History doesn’t come alive until you see it alive,” said Vesely. “That is why we fly these aircraft.”

 

Helldiver

Posted by & filed under What Do You Need to Know Before Buying Your Jet?.

The Pre-Purchase Inspection of Your Jet:
What to Look Out For

In private jet sales, the pre-purchase inspection is the critical time when the aircraft is scrutinized and reviewed for sale. It is the penultimate step before the aircraft is accepted and delivered to the buyer.

After the purchase agreement has been signed, the pre-purchase inspection is conducted. This is because the correction of discrepancies, often referred to in the purchase agreement as rectification, uncovered in the pre-purchase inspection is agreed upon in the purchase agreement. It is standard for the seller to be responsible for airworthy and operational issues while cosmetic items are typically forgiven. A typical pre-purchase inspection for an executive aircraft such as a Gulfstream or Dassault Falcon takes three to five weeks including discovery, correction of discrepancies, and return to service.

What Does It Involve?

The pre-purchase inspection has two main components: (1) the physical aircraft inspection and (2) the aircraft records inspection. All aircraft are not the same. The pedigree of an asset has intrinsic value. An aircraft without logbooks of sufficient detail is worth significantly less than the same aircraft with proper records. For instance, Bob Zuskin of Jet Perspectives in Herndon, Virginia believes that a Gulfstream G550, under 10 years old with no logbooks, would be worth approximately 50% of its normal value. If the aircraft was even older, the depreciation could be up to 95%, he added. In a standard transaction, the records inspected include logbooks, maintenance history, damage history, and relevant FAA forms. These FAA forms include 8110s, 8130s, and 337s; these encompass airworthiness to major alteration or repair. The value of the aircraft depends upon whether these forms exist in the records of the aircraft. Their absence can make the aircraft un-airworthy or worse, devalue the aircraft. A manufacturer-authorized inspection facility will check for complete documentation. It will also check that all Airworthiness Directives (ADs) and Service Bulletins have been adhered to. Typically, the seller assures that ADs and mandatory Service Bulletins with compliance dates on or before the day of closing will be satisfied.

Gulfstream G550 InteriorThe scope of the physical inspection of the aircraft varies by make and model. It is tailored to the components and age of the aircraft. A manufacturer-authorized maintenance facility knows exactly what needs to be covered. Typical checks include the airframe, the engines/APU, the avionics suite, the systems, and an interior and exterior cosmetic review.

Undisclosed damage history discovered after a sale will come back to haunt the new owner either at the time of the discovery or when he tries to sell the aircraft because it devalues the aircraft. For this reason, it is vital to inspect every logbook entry as well as perform due diligence on the aircraft because sometimes, damage history is not explicitly revealed in the logbooks. There have been instances where damage history was covertly hidden amidst the copious logbook entries and even totally excluded!

Location

There are two avenues when choosing the inspection location: (1) an independent shop, (2) or a manufacturer-authorized service center. Holding the inspection at an authorized service center offers the honed expertise of personnel who deal with your aircraft make on a daily basis. Furthermore, fixing discrepancies covered under warranty, or otherwise, may be accomplished without having to move the aircraft. Independent shops, while less expensive, might not know the common historical problems of the aircraft in question and offer no warranty service. Additionally, the seller must be cautious with independent shops because those unfamiliar with a jet and its particular systems and nuances can be more prone to breaking items. In our view, manufacturer-authorized service centers with a proven track record are the way to go.

We heard of a situation where an independent shop was power washing the engines on a Global Express. Rather than mixing water with the cleaning detergent, the shop mixed water with adhesive. This ruined the engines. Two brand new engines and $14M later, the aircraft was ready to fly again! Another unfortunate time, a shop took the forward galley out of a jet that shifted the CG so far aft that the aircraft’s nose wheel raised into the air and the tail struck the ground.

Results

After the results of the inspection are submitted to the buyer, they will either: (1) reject the aircraft, (2) accept the aircraft as is, or (3) accept the aircraft pending rectification of discrepancies per the purchase agreement. If the aircraft is accepted, whether pending rectification or not, the deposit becomes non-refundable. At this point, the closing is imminent.

Check back next week for insight on the acceptance, closing, and delivery of the aircraft.

Read about the LOI and Purchase Agreement here.

Subscribe to the Welsch Aviation Blog here.

Posted by & filed under What Do You Need to Know Before Buying Your Jet?.

 Private Jet Sales:
The Letter of Intent and Purchase Agreement

The letter of intent (LOI) and purchase agreement are the two formal written arrangements between the buyer and seller in the aircraft sales transaction. A buyer indicates serious interest by sending an LOI to the seller. The LOI is step one in a transaction and structures the deal. The purchase agreement is a legally binding sales contract that must be reviewed and carefully agreed upon by all parties involved. The LOI is to the proposal as the purchase agreement is to the wedding.

The LOI is a concise document of engagement which may or may not be legally binding in your respective state. Typically, for the absence of doubt, we explicitly state that it is not binding. The LOI lays out the framework for the transaction. Standard points include the purchase amount, a clear title status, the airworthiness and operational status of the aircraft, and the timeframe for both the pre-purchase inspection and deposit placement. Sometimes, we will receive an LOI which has been written by the buyer which addresses specific “what if” instances. While these particular callouts are useful when those instances do occur, an experienced broker knows that it is more useful to make generalized statements that encompass even more than the “what if” instances. It is not uncommon to omit a prudent statement at a later date. You might ask, “If the LOI isn’t binding, then why even have one?” Because it encourages the buyer and seller, who are engaged, to work together in a timely manner to place a deposit, work out a binding purchase agreement, and carry out a pre-purchase inspection.

The purchase agreement is often the most time-consuming and complex nut and bolt part of a deal. It is the user manual for the transaction, ideally covering all possible scenarios in black and white. Elements that must be addressed include price, deposits, closing details, contingencies, delivery, title transfer and warranties, taxes, pre-purchase inspection and verification of equipment, aircraft condition and modifications, and the state of jurisdiction. The best advice is to seek professional guidance, with an accountant, aircraft attorney, and broker to assist in the many facets of the transaction.

The most consequential contract verbiage pertaining to the physical aircraft is the terms and conditions of the pre-purchase inspection of the aircraft and the logbooks, where most of the value sits. The location, duration, scope, and resolution of discrepancies should be addressed. If the inspection does not take place in a flyaway state, (where there is no sales tax on airplane sales) then the aircraft must be moved where a closing would occur in conjunction with a title & escrow company and the FAA. We routinely give the buyer ample time to inspect the aircraft and examine areas of their choosing, thereby reducing risk on the seller’s part. In virtually all contracts, the only warranty surviving after closing is the clear title. This is because of the “AS IS” clause which states how, after closing, the purchaser is responsible for the care and custody of the asset.

Next week, we will discuss the pre-purchase inspection in detail.

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Posted by & filed under What Do You Need to Know Before Buying Your Jet?.

 What Do You Need to Know Before
Buying 
Your Private Jet?

The world of executive aircraft sales is an especially difficult market to grasp with numerous factors driving a price point on the order of millions of dollars. Over the next few weeks, we will walk you through the steps needed to get you flying.

Why Use a Broker?

Developing a relationship with a professional broker is an essential requirement in buying your jet. An experienced broker knows all the market intricacies and will make buying your new business tool a delight rather than six months of headache and possible overpayment. Motivated individuals might think they can acquire their jet by themselves without a broker’s guidance. But, there are traps for the unwary that must be avoided in the acquisition process.

Suppose there is a used aircraft listed for sale at $10M. The avid, unrepresented buyer researches the internet and calls around the published listings for similar aircraft. Be aware professional brokers often mingle and share that they have interest in their listings. Due to the calls from the prospective buyer, the brokers believe that there is interest in their listing, but are unaware this market activity is all from one buyer. A false market is created, and the $10M aircraft that would have sold for $9M (by negotiation) is now going to sell for $9.5M because of the perceived market demand increase. The buyer has unknowingly overpaid by half-a-million dollars for his aircraft. Using a broker can help prevent misfortunes like this and others. With proper representation, you will be provided with a current and complete scope of available aircraft worldwide, allowing you to select the best aircraft that suits your mission profile.

Pedigree, damage history, and logbooks. Avionics, accoutrements, and engine/airframe care plans. These are only a few items to navigate that, if not properly investigated, can result in millions of dollars in consequences and reduced residual value. Combine these risks with the lack of published sale prices that no individual’s research can uncover, and it becomes clear why three-quarters of transactions are completed with representation on both sides.

A professional broker does way more than help you find the best airplane. There are several steps in the acquisition process which must be completed. A proper letter of intent must be written, negotiated, and signed. Then, a complete purchase agreement must be drafted and reviewed by all parties involved. The logbooks of the aircraft must be scrutinized. A pre-purchase inspection is next; the location of the maintenance facility as well as the scope of the inspection, specific to the aircraft, must be chosen. The findings of the inspection must be negotiated. The proper FAA title paperwork and closing must be arranged. Finally, the delivery must be organized.

Read about the Letter of Intent and Purchase Agreement here

Read about the Pre-Purchase Inspection here

Posted by & filed under Welsch Aviation News.

Hunter Weiss

Hunter Weiss, President & Partner, Welsch Aviation, shares his Business Aviation market observations

To gain from their vast industry experiences, AvBuyer interviewed Hunter Weiss, President & Partner of Welsch Aviation, Inc. for his thoughts about the current state of Business Aviation…

According to a Chinese proverb, “If you would know the road ahead, ask someone who has traveled it”. In the profession of brokering business aircraft, few practitioners have traveled more miles than the associates at Welsch Aviation. Founded over 67 years ago by James C. Welsch, Sr., a sales professional for venerable companies such as Aeronca and Stinson from the late 1920s and for Cessna immediately following World War II.

Welsch Aviation began its current brokerage business with a single office at LaGuardia Airport’s Marine Air Terminal in 1949. Before there were business jets—fully a decade before the Gulfstream G-I turboprop entered the corporate scene—Jim Welsch was brokering converted military and airline aircraft, such as Douglas C-47s, Consolidated Convairs and Lockheed Constellations to corporate America. US Steel purchased its first company aircraft, a modified Lockheed Lodestar, utilizing the services of Welsch Aviation in the early 1950s.

As a candidate for the US Presidency in 1960, John F. Kennedy was provided access to a Convair 240 that Jim Welsch brokered to his father, Joseph P. Kennedy.

Named after JFK’s daughter, the “Caroline” was the first aircraft to be used by a presidential candidate and continued to serve the Kennedy family until 1967.

As Welsch Aviation grew—its operation currently includes offices in Washington, DC, New York, Georgia and Texas—management transitioned to James Welsch, Jr. In 1987 K. Hunter Weiss joined the firm as an Associate, in 1996 became a Partner, and assumed the title of President in 2014.

Hunter, based out of the headquarters office in Washington, DC, is also a member of a venerable line of Business Aviation professionals. His father joined Welsch Aviation in the early 1980s following a number of years as a US Air Force fighter pilot and extensive experience with corporate aircraft manufacturers. Continuing his family’s commitment to aviation, Hunter devoted his career to the concept that business aircraft are essential tools for business development. Supporting Welsch Aviation clients, he practices an in-depth and straightforward approach to professional representation.

Others at Welsch are passionate practitioners of aviation. Robert Hart, Senior Director of Sales in Welsch Aviation’s Georgia office has enjoyed success in the sales arena for almost 40 years. Moreover, Senior Director of Sales Edward Vesely manages Welsch Aviation’s Texas Office as his day job, yet finds time to fly the only operative Curtiss SB2C-5 Helldiver in airshows for the Commemorative Air Force. The least tenured of Welsch’s brokers has 23 years of service with the firm.

Brokerage Only

Since its inception, Welsch Aviation has engaged solely in brokering a client’s aircraft. The firm neither buys nor holds inventory, focusing instead on securing exclusive contracts to be the client’s representative. No funds are exchanged until a transaction occurs; Welsch Aviation assumes the risk that its efforts on behalf of its client will result in a successful sale.

All aspects of the process are managed by Welsch’s team of experts. Among its four offices, Welsch handles between one and two dozen engagements simultaneously. The typical period for a sale to be consummated is about 180 days. Most of Welsch’s relationships are repeat business, and new clients typically are referred from its existing customer base. The firm is proud of its tradition for reliability, integrity and hands-on dealing with its clients.

Market Prospects?

Hunter Weiss is confident that Business Aviation will remain a vital aspect of a corporation’s transportation solution. “There is always going to be a need for business aircraft,” he told AvBuyer, recently. “The Scheduled Airlines do not serve many city pairs—in fact only one-fifth of the airports that entrepreneurs typically need to reach.

“After 67 years supporting the Business Aviation community, our firm has seen many cycles. The current cycle appears to be an overcorrection. We feel that the loss of residual value currently being experienced will shrink. The need for a business aircraft is real and growing.

Just consider the difficulty of servicing and growing a corporation’s market without the advantages that business aircraft offer. There are many companies that would not have been successful without the use of Business Aviation.

“Admittedly,” continued Hunter, “the brokerage business has become more complicated as we conduct searches and evaluations of every type of aircraft throughout the globe to find the exact make, model, avionics suite and accouterments for our clients. We deal with many experts, from accountants to tax specialists to aviation lawyers with experience in domestic and international transactions. Pre-purchase inspections that once required a day or two now consume several weeks. Business Aviation has matured, and our capabilities have grown to meet the challenges.

“In particular, Welsch faces the challenge of differentiating our firm from the dealer community. Being a broker is not the same as being a firm that sells either its own inventory and/or a client’s aircraft,” observed Hunter. “Being a pure broker is in fact the antithesis of the dealer-broker. We feel there is a conflict of interest when a dealer represents inventoried and represented aircraft, even if the firm has the best of intentions.

“We take our tag line—‘A higher plane since 1949’—very seriously,” he concluded.

Posted by & filed under Welsch Aviation News.

 

Kevin_Page

A Tampa, Florida native, Kevin is a fourth year student at Georgia Tech where he studies Aerospace Engineering. He is an avid pilot with single engine land, sea, and instrument airplane ratings. He recently worked at the Honda Aircraft Company as an engineer in the acoustics and structural methods departments. Additionally, he spent a summer working as an A&P Mechanic apprentice at renown seaplane shop, Amphibians Plus, in Bartow, Florida. Kevin has a keen interest in private jet sales and will learn the ropes of the industry during his time at Welsch Aviation, focusing on client acquisition and marketing. Kevin joins our Herndon office near Washington D.C. where he is eager to explore the restaurants and coffee shops unique to the district.

 

 

Posted by & filed under Welsch Aviation News.

Welsch Aviation recently launched a comprehensive rebranding campaign which featured:

  • An redesign logo and brand image
  • A new tagline: “A Higher Plane Since 1949,” which reinforces the company’s competitive positioning of being the premier aircraft broker since its founding
  • A revamped website which reflects the firm’s new brand image