Looking to purchase a 703 Operating Certificate

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skip
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Looking to purchase a 703 Operating Certificate

Post by skip »

I'm looking to purchase a 703 Operating Certificate. If you are willing to part with yours or know anyone who is please let me know.
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DougRonan
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Re: Looking to purchase a 703 Operating Certificate

Post by DougRonan »

Call me re looking for a 703 OC - 1-888-353-6257 anytime
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Lost Lake
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Re: Looking to purchase a 703 Operating Certificate

Post by Lost Lake »

If it's a float operation and you need help writing an ops manual or MCM, PM me. I've done a few.
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Big Bird Anonymous
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Re: Looking to purchase a 703 Operating Certificate

Post by Big Bird Anonymous »

AOC's cannot be purchased per se. You can purchase an existing company lock stock and barrel but there are many certification and CTA rules that must be met for it not to be considered a new entity.
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Re: Looking to purchase a 703 Operating Certificate

Post by DareDevil »

also be careful who's selling! Theres a few guys out there that are devils in disguise that want to rifle off a messed up op! Stay away from a certain operator 703 in YSN who had C208, C206, C172….he's a cancer of this industry!
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Re: Looking to purchase a 703 Operating Certificate

Post by niss »

Is it that difficult to get a new OC?
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Re: Looking to purchase a 703 Operating Certificate

Post by x-wind »

Yes, it's a fair amount of work to write an operations manual. Go look at the regulations & standards and then the requirements. One doesn't half to reinvent the wheel so to speak though- there are examples found on the web. But yes I would probably classify it as "it's difficult to get an OC".

I'm working to get in line with the new regulation for 604. One plane one pilot. I got a quote from a former TC staffer that does these manuals for a living. $20K.
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Re: Looking to purchase a 703 Operating Certificate

Post by photofly »

x-wind wrote: I got a quote from a former TC staffer that does these manuals for a living. $20K.
One can't help but think this explains everything.
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Colonel Sanders
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Re: Looking to purchase a 703 Operating Certificate

Post by Colonel Sanders »

Exactly how does this $20,000 tax - which looks
suspiciously like a well-engineered retirement
plan for retired TC Inspectors - contribute to
aviation safety?

In the USA, there is none of this bureaucratic
lunacy. You buy a King Air, part 91, off you go.

Canadians need to grow a spine. More tax and
bigger government is not always better, despite
what the CBC and David Suzuki and Margaret
Atwood will tell you.
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Big Bird Anonymous
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Re: Looking to purchase a 703 Operating Certificate

Post by Big Bird Anonymous »

photofly wrote:
x-wind wrote: I got a quote from a former TC staffer that does these manuals for a living. $20K.
One can't help but think this explains everything.
I think the 20k is the consultant rate for developing an AOC. The TC fee for a 703 AOC is $2700. The approval process is completely dependent on the quality of the entire submission. That's why a good consultant would be advisable, and would likely get an approval in half the time saving many $$$ in lost revenue.
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Bede
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Re: Looking to purchase a 703 Operating Certificate

Post by Bede »

I think there is a consultant in YXL who does it for a lot less. I can't remember her name, but could probably find out.
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Re: Looking to purchase a 703 Operating Certificate

Post by rigpiggy »

Problem is there's no consistency from office/office, inspector, or even same inspector different company. Everybody needs to put a thumbprint on it..... Give a reason why a generic setup couldn't be posted, he'll even bought for a reasonable cost from Them with pdf fillable specific fields. Problem is TC will stick to its schedule of 90-120 days to change so much as 1 sentence. A 702/703 1-2 airplane operation need not have an sms, qa dept, just a qualified inspector dropping in several times unannounced to keep them on their toes.
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Re: Looking to purchase a 703 Operating Certificate

Post by Colonel Sanders »

Spiro Agnew
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Re: Looking to purchase a 703 Operating Certificate

Post by ScudRunner »

Wasn't he a vice president?

Anyway

The thing is even using a consultant to help you put one together the onus is still on you to know every page and line in the COM and what it means. VFR single engine 703 Air Taxi is very straight forward, so I would advise you even though this might be shooting myself in the foot for my side business to grab an example or COM MCM you might have found laying around your current company and start making it your own.

Get very familiar with the CARs because its not going to be the consultant running the show (unless that is part of the deal to get you on your feet but that =$$$)

VFR Single Engine is not very complex and if you cannot draft a COM you should not be running an airline. Sorry that is just my opinion I could be wrong.
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Re: Looking to purchase a 703 Operating Certificate

Post by rigpiggy »

Tricky ricks vp name was an insult amongst the military, rearrange the letters and "grow a p@+",!"
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Navajo Flyer
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Re: Looking to purchase a 703 Operating Certificate

Post by Navajo Flyer »

I've got a Limited company along with a 702 operating certificate for sale!! The 702 certificate could be changed into a 703 with a few amendments. PM me if interested.
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rex19
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Re: Looking to purchase a 703 Operating Certificate

Post by rex19 »

Navajo Flyer wrote:I've got a Limited company along with a 702 operating certificate for sale!! The 702 certificate could be changed into a 703 with a few amendments. PM me if interested.
Could you send more me more info regard your 702? thx. martin19@gmail.com
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Re: Looking to purchase a 703 Operating Certificate

Post by HiFlyChick »

Big Bird Anonymous wrote:
photofly wrote:
x-wind wrote: I got a quote from a former TC staffer that does these manuals for a living. $20K.
One can't help but think this explains everything.
I think the 20k is the consultant rate for developing an AOC. The TC fee for a 703 AOC is $2700. The approval process is completely dependent on the quality of the entire submission. That's why a good consultant would be advisable, and would likely get an approval in half the time saving many $$$ in lost revenue.
Not sure what type of operation that would be for, but for a multi-IFR 703 op, it's actually $4700.
Not sure how much the consultant would cut down on the time - it's so dependent on what inspector gets assigned to you. One may love your manual and then the next can find 20 points that need correcting. It's a real crap shoot....
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cncpc
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Re: Looking to purchase a 703 Operating Certificate

Post by cncpc »

Big Bird Anonymous wrote:AOC's cannot be purchased per se. You can purchase an existing company lock stock and barrel but there are many certification and CTA rules that must be met for it not to be considered a new entity.
You're right. You can't just buy the licences and certificates. It used to be that if you bought the assets (lock, stock, etc) they would allow the transfer, but that was a long time ago.

Now you buy the shares, and notify them of any change of personnel in the holy triangle, ops mgr, cp, dom. If none of that changes, you have to notify the CTA or whatever they are now, and prove that the Canadian content of ownership remains within the law, i.e. 75%.

An OC is worth what a consultant would charge you to do the paperwork, and what value you place on being able to start next week over next summer.

Don't pay for goodwill unless it is a going concern.

So it isn't possible to get in cheap this way. You have to buy the shares of the company, which at a minimum represent the net worth of the company.

Why do you want an OC?
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cncpc
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Re: Looking to purchase a 703 Operating Certificate

Post by cncpc »

x-wind wrote:Yes, it's a fair amount of work to write an operations manual. Go look at the regulations & standards and then the requirements. One doesn't half to reinvent the wheel so to speak though- there are examples found on the web. But yes I would probably classify it as "it's difficult to get an OC".

I'm working to get in line with the new regulation for 604. One plane one pilot. I got a quote from a former TC staffer that does these manuals for a living. $20K.
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Re: Looking to purchase a 703 Operating Certificate

Post by cncpc »

. wrote:VFR Single Engine is not very complex and if you cannot draft a COM you should not be running an airline. Sorry that is just my opinion I could be wrong.
Yep, but a whole lot are and you're not wrong.

If you're an airline, and you need to hire a consultant to draft an ops manual, you definitely shouldn't be an airline.

Starting out, that is a different thing. If you're doing it for 50 years, and need a consultant, Transport should be asking questions. Which may be why it takes so long.
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Re: Looking to purchase a 703 Operating Certificate

Post by co-joe »

Unless TC doesn't like you, or you get off on the wrong foot in any way shape or form, in which case forget about it...
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Re: Looking to purchase a 703 Operating Certificate

Post by single_swine_herder »

cncpc wrote:
Big Bird Anonymous wrote:AOC's cannot be purchased per se. You can purchase an existing company lock stock and barrel but there are many certification and CTA rules that must be met for it not to be considered a new entity.
You're right. You can't just buy the licences and certificates. It used to be that if you bought the assets (lock, stock, etc) they would allow the transfer, but that was a long time ago.

Now you buy the shares, and notify them of any change of personnel in the holy triangle, ops mgr, cp, dom. If none of that changes, you have to notify the CTA or whatever they are now, and prove that the Canadian content of ownership remains within the law, i.e. 75%.

An OC is worth what a consultant would charge you to do the paperwork, and what value you place on being able to start next week over next summer.

Don't pay for goodwill unless it is a going concern.

So it isn't possible to get in cheap this way. You have to buy the shares of the company, which at a minimum represent the net worth of the company.

Why do you want an OC?

One additional caution is buying out the former owner also means you are taking over their obligations which may not have been described.

If the former owners have screwed over some people and stiffed them for the money, lease payments, tax problems, or whatever, you are the one now on the hook as he slithers off laughing his way over the horizon.
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Re: Looking to purchase a 703 Operating Certificate

Post by bobm »

If you buy the "shares" of the company then you are taking on the liabilities that may be lurking out there. The other thing you will be buying is the "tax position" of the corporation. That might be more expensive than you think....
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rex19
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Re: Looking to purchase a 703 Operating Certificate

Post by rex19 »

Any one could recommend an good consultant for vfr 703 in Ontario or know any 702 or 703 businesses for sell? thx
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