- Billy Meyer, Founder & CEO, Texas Aero & First Texas Capital
Billy Meyer is the Founder and CEO of Texas Aero and First Texas Capital, bringing nearly four decades of leadership in aircraft sales, finance, and operations.

Buying a private aircraft—particularly a business jet—is one of the most significant capital decisions an entrepreneur, executive, or company can make. Unlike many high-value purchases, an aircraft directly impacts productivity, scheduling flexibility, privacy, and long-term financial strategy. It becomes an operational tool, not just a luxury asset.
After decades in aircraft sales and aircraft financing, I’ve found that successful acquisitions are never accidental. They are structured, deliberate, and aligned with a clearly defined mission. At Texas Aero, we guide clients through that process with a focus on protecting capital, minimizing risk, and preserving long-term value.
Define the Mission With Precision
Every aircraft acquisition should begin with a detailed mission analysis. Before narrowing the field to specific manufacturers or models, it’s critical to understand how the aircraft will truly be used over the next five to ten years—not just the next six months.
Consider:
- Average trip distance and longest expected stage length
- Annual utilization and projected growth
- Passenger count and cabin comfort expectations
- Baggage capacity and special equipment needs
- Runway performance and airport accessibility
- International travel requirements and regulatory considerations
Too often, buyers select an aircraft that fits their most exciting trip rather than their most common one. The result can be excess operating costs, underutilized capability, or operational limitations. The right aircraft is the one that performs efficiently for the majority of missions while maintaining flexibility for expansion.
Evaluating Aircraft Categories
Light, midsize, super-midsize, and large-cabin jets each serve distinct mission profiles. Larger aircraft provide range and cabin comfort but come with increased acquisition and operating costs. Smaller jets may offer efficiency but can introduce range or payload constraints.
A disciplined evaluation weighs:
- Acquisition price relative to long-term utility
- Direct operating costs per hour
- Maintenance program enrollment
- Market liquidity and resale strength
The goal is balance—capability that supports growth without overextending capital.
New vs. Pre-Owned: A Strategic Decision
New aircraft offer the advantages of customization, warranty coverage, and the latest avionics technology. They can also involve production lead times and higher upfront capital commitments.
Pre-owned aircraft, when properly vetted, often represent compelling value. Detailed logbook review, maintenance history, avionics upgrades, engine program status, and service center relationships frequently matter more than model year alone. A thoughtfully maintained pre-owned jet can offer both performance and financial efficiency.
Understanding total cost of ownership—including depreciation trends, inspection cycles, and future marketability—is essential to making a sound decision.
Due Diligence and Negotiation
Aircraft transactions involve far more than agreeing on price. Purchase agreements, pre-purchase inspections, escrow arrangements, and closing logistics must be handled with precision.
Earlier in my career, I competed as an NHRA drag racer. Racing taught me that preparation determines performance. The same principle applies in aviation transactions. Detailed preparation—technical review, market comparison, contract clarity—protects buyers from avoidable risk.
Professional representation ensures that each step of the acquisition process is aligned with the buyer’s objectives.
Why Texas Aero
Texas Aero combines aircraft brokerage expertise with in-house aviation lending knowledge through First Texas Capital. This integrated approach allows us to evaluate aircraft value, market timing, and financing structure simultaneously—providing clients with a comprehensive strategy rather than isolated advice.
Ready When You Are
Whether you’re exploring an aircraft, considering a sale, or looking for experienced operational support,
Texas Aero is here to help guide the next step with clarity and confidence.
