The Global Aircraft Dealers Association (GLADA) this week unveiled its broker training program, which will go live on October 20. Geared for aircraft sales brokers of all experience levels, the program is “designed to elevate standards of professionalism, knowledge, and ethical conduct across the aircraft sales industry,” according to GLADA.
While it plans to expand the training program’s curriculum, the first phase will cover best practices and ethics; letters of intent and aircraft purchase agreements; pre-purchase inspections; import/export procedures; escrow processes; and closing the transaction. Each phase can be used for training and as a reference guide, and training and testing is available on the GLADA member portal. The education committee will expand the curriculum as regulations and market conditions change and to reflect emerging best practices.
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