Perimeter Business | 7
FEBRUARY 2020 ■ www.ReporterNewspapers.net
of “planes, trains, and automobiles.” Private aviation also addresses security and priva
cy, critical to many corporations and UHNWI [ultra-high-net-worth individuals] alike.
Imagine the value of departing Atlanta and flying direct to a meeting at facilities in, say
Houma, Louisiana, and then to meet a client for lunch in Mena, Arkansas, and then an
afternoon meeting at a facility in Knoxville, and still be home for their daughter’s dance
recital and dinner with the family - priceless. This is what private aviation looks like ev
ery day, all over the world - something commercial travel simply cannot accommodate,
except maybe over two to three days.
Q: If we wanted to buy a new or used jet, what sort of budget should we have in mind?
What is the financing like?
That’s a hard question to answer, akin to asking what sort of budget should one have
when buying a house. There are so many variables at play; however, in a broad scope,
“business jets” can range from $500,000 to $75,000,000. Relative to other pieces of cap
ital equipment, aviation residual values are fairly predictable and buyers are typically
very strong credits, all affording strong finance opportunities.
Q: Do buyers typically fly the plane themselves or do they have to find pilots? How
does finding a pilot work?
It depends. While we do serve some owner-pilots, most operations engage two or
more pilots. Corporations and large private enterprises often run flight departments
with a team of pilots, dispatchers, maintenance and management. Other clients opt for
a management company to outsource the day-to-day operations of their aircraft.
Q: How significant is DeKalb-Peachtree Airport to your business? Is any of your inven
tory kept there?
PDK is generally considered the heartbeat of Atlanta with respect to general aviation
and local as well as transient business aviation. That said, Atlanta businesses are blessed
to be served by five significant airports in addition to Hartsfield.
Over the last 40 years, OGARAJETS has developed a significant number of local cli
ent relationships, many have completed several transactions with our team as their
needs developed over the years. We cherish our local clientele and their Southern values,
where we often still do business on a handshake and appreciate agreeing to deal terms
over a meal at Waffle House.
As an inventorying dealer, we do purchase aircraft on speculation. Most of these pur
chases require investments in refurbishment of the exterior paint and interior cabin,
(SPECIAL)
A Gulfstream G280 jet is among those in the OGARAJETS inventory.
modernization of avionics and systems, and maintenance. We enjoy many trusted local
partners in each of these fields. Most of our inventory is stored in private facilities locat
ed at Falcon Field in Peachtree City.
Q: Do you own a plane yourself? Do you get to fly in the planes as part of the business?
As an inventorying dealer, we do own aircraft for resale and often fly to prospective
clients to personally demonstrate the features and benefits. Most of our team are pilots,
but while we all hold a passion for flying, we typically engage professional crew mem
bers for these demonstration flights. I spend approximately 200 nights per year on the
road and most of my movements are via commercial service, usually making Diamond
status with Delta by the end of each summer.
Q: Tell us about how the business came to be in Sandy Springs.
We moved to our current location in Sandy Springs in 2012. We love the communi
ty and its convenient location in relation to the private airports throughout the Atlan
ta area.
I am an Atlanta-native and my wife Laura and I are lifelong parishioner of Holy Inno
cents’ Episcopal Church with all three of the foster children “Alpha Omegas” of Holy In
nocents’ Episcopal School.
HUMIDOR ' COCKTAILS ' KITCHEN
PREMIER CIGAR LOUNGE
Experience the art and style of cigar smoking.
We can accomodate your private or corporate events.
■— Contact Management for details. -
Cuban and American Cuisine
Cuban Sandwiches/Steak Specials/ Tapas/
Ensaladas/Seafood
ENJOY LIVE JAZZ
ENTERTAINMENT,
EASY LISTENING,
CLASSIC VOCALS...
Tuesday & Wednesday
6pm - 9pm
Friday & Saturday
8pm - 11pm
Sports Viewing
in a Relaxed
Atmosphere
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Additional new lounge seating
State of the art exhaust system
Convenient, free parking
Winter Seasonal Hours
Monday-Thursday 4pm until Midnight
Friday - Saturday 4pm until lam
Kitchen Monday - Saturday 5pm-11pm
www.thehavanacigarlounge.com
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Find us on
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6010 Sandy Springs Circle
Sandy Springs, GA 30328 1404-500-2483
