Brad Harris, Founder and CEO of Dallas Jet International is the Chairman of the National Aircraft Resale Association (NARA)
We’re republishing this article that originally appeared on NARA’s website to promote awareness of the association and its initiatives.
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Welcome to the first edition of The NARA Perspective from the National Aircraft Resale Association (NARA). Twice monthly, we will share business aviation views and information of interest to aircraft buyers, sellers, owners and operators. The NARA Perspective will be written by industry insiders, journalists and other experts from across the spectrum of business aviation.
With this edition of The NARA Perspective, we would like to introduce you to some developments in ongoing efforts to protect the interests of business aircraft buyers, sellers, owners and operators.
Not just an aircraft broker, a NARA Certified Broker/Dealer
Perhaps the most significant news are the new standards for aircraft broker and dealer certification that were announced at NBAA2013, the National Business Aircraft Association’s annual meeting and convention.
Because there is no governing body to license or regulate aircraft brokers and dealers, anyone with an aircraft to sell and a desire to make money can call himself a broker. Prospective clients never know what they’re getting in the bargain. Their broker/dealer could be highly experienced and honest. Or he could be incompetent and even unscrupulous.
NARA Certification assures someone in the market to acquire or sell a previously owned business aircraft that they have found a qualified broker/dealer who will always look out for their best interests, treat them fairly and deliver the fastest transaction at the best possible price.
- All prospective Certified Aircraft Brokers/Dealers must pass a rigorous application process, demonstrating their reputation for honesty, integrity, transparency, and a commitment to maintaining the highest ethical standards.
- Certified Aircraft Brokers/Dealers must strictly adhere to the NARA Code of Ethics that guarantees they will always conduct themselves honorably and represent the best interests of their clients.
- They must participate in our program of ongoing education to remain current on best practices and new developments in order to constantly improve the quality of their services, products and operations.
Look for the NARA Certified logo when you search for an aircraft broker or dealer.
When you see this emblem on an aircraft broker or dealer’s website, you’ll know that they subscribe to the principles, rules and regulations of the National Aircraft Resale Association, ensuring that you are working with one of the most respected and highly experienced professionals in business aviation.
NARA Products and Services Members.
In addition the 35 Certified Aircraft Brokers and Dealers, 39 business aircraft products and services providers promise the highest professional quality and best return on your business aviation investment through their adherence to the Code of Ethics.
These NARA Products and Services Members specialize in:
- aircraft analysis and data
- financing and leasing
- hourly cost maintenance
- insurance
- IRS 1031 Like-Kind Exchange
- legal, tax and title
- maintenance, repair and overhaul
- maintenance tracking software
- training and publishing.
Find a NARA Member at NARAaircraft.com
Along with our new direction, we’re introducing a new website to make it easier for you to find a NARA Member: NARAaircraft.com. Just by using your computer or smartphone, you will instantly be able to find a NARA Certified Broker/Dealer or NARA Products and Services Member. You’ll also be able to read the NARA Code of Ethics and NARA Certification process in detail. You can read bios of NARA Member companies and keep up on all the latest news and events from the National Aircraft Resale Association.
Find a NARA Member today. And, while you’re at it, sign up to automatically receive The NARA Perspective in your inbox.
