As international businesses grow, airspace regulations loosen, and diplomats and celebrities take a bigger world stage, demand for private aviation around the globe builds. And while many people see the need to charter, lease or purchase aircraft, the selection of an inappropriate aircraft can become a safety and financial nightmare. In my line of business, I hear all sorts of stories of aircraft owners getting burned by undisclosed damage history, inaccurate market valuations and unscrupulous advice. Since I’m a huge advocate of using business aircraft as a competitive advantage, these tales turn my stomach. Truthfully, there are few standards to protect the consumers of these large ticket assets....
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