brokering services

Aircraft Acquisition Services by TCA

March 7, 2018 (Ellington Field in Houston, Texas) — Third Coast Aviation LLC (“TCA“) announces the addition of aircraft acquisition services and integration with its flight training services, hence adding an important customer value proposition.  Our aircraft acquisition services follows our business plan implementing a documented process with measurable results, integrating our other offerings into our service.

Aircraft Acquisition services process

Our TCA Aircraft Acquisition Services documented process looks like:

  1. Initial interview with customer / pilot
    1. Sign TCA agreement and fee ($800)
    2. Define “wants
    3. Pilot skills interview with one of our Certified Flight Instructors (CFI)
    4. Review Pilot insurance history
    5. Explore financial capabilities
  2. Interaction
    1. Customer selects 1 to 3 aircraft candidates from aircraft inventory presented (usually 10 or more)
    2. Submit requested financial documents to TCA if financing
  3. Report customer presentation
    1. Negotiated aircraft offer
    2. Gap analysis” between pilot skills and those required for aircraft selected
    3. Training plan
    4. TCA proposal for implementing training plan
    5. Financing options, including
      1. Financing institutions meeting customer’s needs
      2. Options for terms & interest
    6. Escrow options
    7. Possible income generating options for acquired aircraft
  4. Escrow
    1. Submit customer documents to financial institution
    2. Customer escrow deposit (customer paid)
    3. A&P aircraft inspection directed by TCA (customer paid)
    4. Presentation to customer of inspection report and “gap analysis
  5.  Closing
    1. Execution / signing

Our fees reflect industry standards at six (6%) to eight percent (8%) and are based on a sliding scale associated with the aircraft’s acquisition cost.  Because this service has been delivered without the documented process previously, we believe the added value is an exciting addition to the aviation community.

I followed this process with my students for a number of years, but this is exciting to be able to deliver a documented process to future customers,” said Third Coast Aviation’s Chief Pilot.  “Most of all, I believe that our services will have an impact on students’ ability to be successful and realistic with their aircraft purchases.

Updates

In a bid to keep its constituents – students, CFI’s, and aviation enthusiasts – up to date on happenings with TCA, here’s a list of recent changes at TCA:

March 2018

  • TCA offers aircraft acquisition services

February 2018

January 2018

  • our first IFR rating students start
  • we completed the acquisition of a group of flight students

December 2017

  • our customized TCA pilot kits in stock

About Third Coast Aviation LLC

Founded in January 2017, Third Coast Aviation LLC is a general aviation company serving the Texas Gulf Coast region, providing CFR Part 61 flight training, aircraft acquisition services, and  aircraft sales services.  With ranks of seasoned Certified Flight Instructors (CFI, CFII, and MEI), we deliver services to student pilots, from Discovery Flights through their Private Pilot License (PPL) and beyond – creating safe, competent pilots!  We don’t stop there, but continue serving pilots with TCA Group Ground School Workshops, BSA Aviation Badge Workshops, and a TCA Student Association.

Third Coast Aviation EFD / headquarters
11200 Blume Avenue, Houston, TX 77034
info@thirdcoastaviation.com
(979) 473-9822


© 2018 by Third Coast Aviation LLC, all rights reserved.

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