Aircraft Trading
Aircraft Trading can be used as a way of removing from an owner the worries and problems associated with disposing of an aircraft on the open market.
If Viation and the owner can agree a Net Purchase Price, Viation is prepared with its partners to stand in and purchase the aircraft from the owner (subject to the normal caveats) and onward sell it in the open market.
This route for owners is often simple as they know Viation has the understanding to close the transaction.
Viation has also traded aircraft under "back-to-back" arrangements to also facilitate the simultaneous purchase of a new aircraft and sale of a current aircraft. The structure although often extremely complicated and reliant on the various parties to understand the process, allows for an immediate resale of an asset and implementation of a replacement aircraft.
In the US, on occasions it is covered under a 1031 Like Kind Exchanges. Under this ruling, many companies can benefit from completing a tax deferred 1031 like-kind exchange when buying a new aircraft to replace their current aircraft. Viation is equipped to handle the documentation and contracting needed to complete a like-kind exchange.