Procedures for aircraft acquisition Through our esteemed affiliates we are authorised to offer new aircrafts for your flight departments or for your clients. These include Airbus models A320-200 and A330-200. The following outlines the procedure to follow for the acquisition of an aircraft: An Attorney may be used to Administer the entire transaction instead of an Escrow Agent. Upon request by Purchaser/Representative, Technical Specifications will be provided to the Purchaser. Fee Agreements to be entered into between parties involved in transaction. Non Circumvention Non Disclosure Agreement (NCNDA) entered into by parties involved in the purchase of an Airliner. Name of Leasing Company/Bank or End User to be provided. If an Airline, AOC number and Location of Airline to be provided to the Seller. Letter of Intent (LOI) & Escrow Agent/or Attorney agreed upon, between Buyer and Seller. Buyer makes refundable deposit, provides POF, and agrees to Disbursement of Funds to Escrow/Attorney. Proof of Funds is to be a recent formal letter from Purchaser’s Banking Institution (which is internationally recognized), confirming that such Bank is holding the amount in Purchaser’s Banking Account to purchase the agreed number of Airliners. This is to be verified by Seller’s Escrow/Attorney. (Unless Proof of Funds is provided together with LOI, refundable deposit in agreed account i.e. Escrow / Attorney’s account, the transaction to purchase an Airliner will NOT commence. NO MSN OR PHOTOS, will be provided). Aircraft Inspection is Scheduled within 10 days. Within 10 Days, Technical Acceptance & Aircraft Inspection Reports Provided to Seller by Buyer. Within 10 Days Aircraft Purchase Agreement & Discrepancies Completed. Final Test Flight by Buyer and its Technical Representatives, at Buyers cost, if required. Delivery of Aircraft and Closing. Seller documents needed for closing agent: Technical Data & Serial Number Aircraft. Bill of Sale. Release of Lien (if needed). Payoff Letter & Wire Transfer Instructions For Lien (if needed). Disbursement of Funds Letter with Wire Transfer Instructions. Buyer documents needed for closing agent: Purchase Agreement. Aircraft Registration Application Statement In Support of Registration of LLC (if purchaser is LLC) Letter of Authorization to Escrow Agent by Buyer, to Disburse entire Funds to the Seller. We do hope that the above meets with your approval, as this is the standard procedure to follow, for the PURCHASE of any aircraft. Do not hesitate to contact us on any questions.
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Inquiries If you or your business operate in any of the mentioned fields or, if you are interested in expanding your business in new areas, like we do, please feel free to contact us at any time. We are more than willing to listen to new proposals and establish a mutually beneficial long term partnership. Although we prefer to use our own well-established network, new business proposals are always welcome. You will find all the necessary contact information in the above menu.  
Our commitment is to provide excellence across every aspect of your relationship with Grandway Group, anywhere in the world. Through the years, we have excelled in many sectors by identifying the needs of the various markets around the world. Our aim is to provide top quality, efficient, profitable and accurate services and products to all our partners. We want to make it as easy as possible for you to do business with Grandway Group and take both our and your business to the next level. Details on the procedures for aircraft acquisition, are described here below. Please contact us for further details or specifications.
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