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To get started in this job, become a licensed pilot. Learn how to fly as many types of aircrafts as possible. Contact banks about jobs or make contacts with a repossession company. Besides planes, many companies also dabble in boat repossessions.
Lender's guide to aircraft repossession Sign a tripartite agreement beforehand. ... Establish a good relationship with the operator. ... Carry out as many inspections as possible. ... Know where the records are. ... Assess whether repossession is really worth the cost. ... Think about the resell. ... Hire a repossession specialist.
To supplement their income, some of those pilots have done a little freelance work on the side?and when you have a skill set as specialized as theirs, airline repossession is a natural fit. For the work, pilots get anywhere from $500 to $1,700 per day?plus expenses.
To supplement their income, some of those pilots have done a little freelance work on the side?and when you have a skill set as specialized as theirs, airline repossession is a natural fit. For the work, pilots get anywhere from $500 to $1,700 per day?plus expenses.
He chose to follow only one piece of the advice that his father gave him, and got his pilot certificate at the age of 16 ? being a pilot ?might come in handy,? his father said. For Nick Popovich, it all started when a bank loaned a company enough cash to buy a couple of Boeing 747s.
Get a commercial driver's license If you plan to conduct repossessions of aircraft or boats, you may also want to get a pilot's or mariner's license. Each state may have different requirements, but here are the general steps for getting a CDL: Be 21 years of age.
UAL T38 Phlyer concluded it was ?staged, mindless spectacle for the uninformed? while rightside02 added: Totally staged and a joke, I would guess about 14 percent of what you see is really true. The rest is drama for ratings, which I understand, the public wants drama.
Georgia law requires that you receive notice within 10 days of your car being repossessed. Although some states have rules that require a repo agent to have a license, Georgia does not, so there is not much use in asking the repo agent for their license.