Letter of Intent (LOI)

An LOI in aircraft acquisition outlines the buyer's intent to purchase at a specified price, subject to satisfactory pre-buy inspection. It provides exclusivity during the evaluation period.

Letter of Intent (LOI) directly influences operational decisions in private aviation. Whether it affects routing, pricing, aircraft selection, or regulatory compliance, awareness of Letter of Intent (LOI) helps charter clients evaluate proposals and operators with greater precision.

Letter of Intent (LOI) may affect charter pricing through its influence on operational requirements, aircraft availability, or regulatory compliance costs. The specific impact depends on your route, aircraft type, and timing.

The core concept behind Letter of Intent (LOI) is recognized internationally, but implementation varies. The FAA, EASA, and national aviation authorities each apply their own regulations, which means Letter of Intent (LOI) may carry different specific requirements depending on where you're operating.

The Jet Finder's aviation glossary covers 200+ terms. For specific questions about how Letter of Intent (LOI) affects your charter or acquisition, contact our team directly.

No — your broker and operator handle the technical details. But understanding Letter of Intent (LOI) helps you evaluate what you're paying for, ask informed questions, and distinguish between operators who meet minimum standards and those who exceed them.

In the United States, the FAA sets standards related to Letter of Intent (LOI) through Federal Aviation Regulations (FARs). In Europe, EASA provides the regulatory framework. Internationally, ICAO establishes the baseline standards that member states adopt and enforce.

Yes. Our aviation advisors can explain how Letter of Intent (LOI) applies to your specific situation, whether you're chartering, buying, or selling an aircraft.