Ownership Considerations for Private Aircraft

- 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.

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Owning a private aircraft offers unmatched flexibility, discretion, and operational control. For many executives and entrepreneurs, it becomes a competitive advantage. But aircraft ownership is also a responsibility that demands planning, structure, and ongoing oversight.

In my experience, the most satisfied owners are those who treat ownership as a long-term strategy rather than a short-term convenience.

Fixed and Variable Costs Explained

Understanding the cost framework is foundational.

Fixed costs typically include:

  • Hangar or storage fees
  • Insurance premiums
  • Crew salaries and recurrent training
  • Management fees (if professionally managed)
  • Data subscriptions and regulatory compliance expenses

Variable costs often include:

  • Fuel
  • Routine maintenance and parts
  • Engine and APU program contributions
  • Consumables and trip expenses

Budgeting should account not only for average annual costs but also for scheduled inspections and long-term maintenance events. A proactive financial plan reduces volatility and enhances ownership confidence.

Maintenance Strategy and Asset Preservation

Maintenance discipline is one of the strongest indicators of long-term aircraft value. Detailed recordkeeping, adherence to inspection schedules, and participation in engine and parts programs significantly influence resale strength.

Buyers gravitate toward aircraft with predictable maintenance status and transparent documentation. Conversely, deferred maintenance often results in price adjustments or extended time on market.

Treating maintenance as an investment rather than an expense preserves optionality and strengthens negotiating leverage when it’s time to sell.

Operational Structure and Risk Management

Ownership structure affects liability exposure, tax considerations, and operational control. Common structures include individual ownership, single-purpose entities, and professionally managed arrangements.

Selecting the right structure requires coordination with aviation counsel and tax advisors. A well-designed structure aligns operational flexibility with regulatory compliance and financial strategy.

Planning for Exit

Ownership should always include an exit strategy. Marketability depends on maintenance status, cosmetic condition, avionics relevance, and accurate pricing. Planning for resale begins on day one of ownership.

Why Texas Aero

Texas Aero supports clients throughout the ownership lifecycle—from acquisition to operational advisory to resale strategy—ensuring that decisions made today support value tomorrow.

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.

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