Buying a Jet? Get your Letter of Intent Right!

जेट ख़रीदना? अपना आशय पत्र ठीक से प्राप्त करें!

The Aircraft Letter of Intent (कानून) is a crucial initial step in negotiating commercial terms between aircraft sellers and buyers. Though typically non-binding, a well-crafted LOI sets the stage for exclusive negotiations toward a definitive purchase agreement. It outlines key details, such as purchase price, deposit, deal type (‘hardor ‘soft’), inspection scope, and delivery