Why we buy before we sell

There are two kinds of firms in the aircraft business. The first is hired to represent a transaction, the way a real estate agent is hired to sell a house. The second buys the aircraft itself, takes title, and resells it. Peregrine is the second kind, and the difference shows up in every deal we touch.

The majority of our transactions have been aircraft we owned. We buy on our own line of credit, from corporations, from families, and from aircraft that come to us in trade. When we purchased two Falcon 900EXs directly from ENI, the Italian energy company, there was no listing period and no waiting on a buyer to appear. One negotiation, one closing, and the aircraft were ours to place.

That model disciplines everything else. A firm that puts its own capital into an airframe cannot afford a flattering valuation or a soft read on an inspection report. The judgment we apply to your aircraft is the same judgment we apply when the check being written is ours.

For sellers, it also means there is sometimes a faster path than the market. For the right aircraft, we will simply buy it from you. Call the evaluation line and ask.