Should I buy an aviation business or start one?
Buying gives you what is slow to build: aircraft, airport space, trained staff, customers and an operating history. Starting gives you a clean slate and your own choices. Weigh the two against your skills, your savings and your patience, and ask your lawyer how certificates are handled in each route.
Aviation is a business where much of the early work is waiting: for aircraft, for space at the airport, for approvals, for staff. That is why some people look at buying a flight school, a maintenance shop or a small charter or aerial operator instead of starting one. Neither route is better in every case. This page sets out what each gives you and what each asks of you.
What buying can give you
An existing business may come with aircraft, a lease, equipment, trained people, customers and years of records. You can see how it really ran before you commit. You may also inherit its habits, its deferred maintenance and its problems, which is why careful review matters. Our page on buying a bus company or starting one weighs the same question for another transport trade.
What starting can give you
A start-up lets you choose the aircraft, the site, the people and the way you work. You carry no old liabilities. You also carry the full risk of the slow early period, when costs run before customers arrive. Starting suits someone with a clear plan, strong industry contacts, and enough funds to last through quiet months without borrowing under pressure.
Approvals and timing
Aviation businesses work under approvals from aviation authorities. How long it takes to obtain them from scratch, and how they carry over in a purchase, are legal and regulatory questions. Ask a lawyer who knows aviation to explain both routes before you decide, and do not build a plan on a guess about timing.
A way to decide
List what you can do yourself, what you would hire and what you must have on the first day. Compare each route against that list, and ask your accountant to model both on your own numbers. Reading a few equipment condition checks will also show you what a used fleet really needs.
Related reading
11 pages on the same subject, grouped by topic.
Buying
- Expert answerShould I buy a bus company or start one?
- Expert answerShould I buy a language school or start one?
- Expert answerHow do I find a bus or coach company for sale?
- Expert answerWhat should I check before buying an indoor playground?
- Expert answerWhat should I check before buying a private school?
- Expert answerWhat should I check before buying a swim school?
- Expert answerHow do I find a music store for sale?
Due diligence
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Government of Canada (Department of Justice)GovernmentCanadian Aviation Regulations (SOR/96-433)
- 02Business Development Bank of CanadaGovernmentWhat are the steps to buying a business?
- 03Business Development Bank of CanadaGovernmentHow to conduct due diligence when buying a business
- 04Business Development Bank of CanadaGovernmentMajor pitfalls to avoid when negotiating a purchase agreement
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