Acquisition · Aviation Glossary

LOI (Letter of Intent)


Definition

An LOI is a non-binding document expressing a buyer's serious intent to purchase an aircraft at a specified price, subject to pre-buy inspection and other conditions.

Why LOI (Letter of Intent) Matters

LOI (Letter of Intent) is a term used in private aviation that affects how flights are planned, operated, or priced. Understanding LOI (Letter of Intent) gives you context when reviewing charter proposals, evaluating operators, or making acquisition decisions.

Related Terms

Frequently Asked Questions

8 questions about LOI (Letter of Intent)

An LOI is a non-binding document expressing a buyer's serious intent to purchase an aircraft at a specified price, subject to pre-buy inspection and other conditions.

In private aviation, LOI (Letter of Intent) isn't academic — it translates to real operational or financial implications for your flight. Understanding it helps you participate in the planning process rather than delegating every decision to your broker.

Charter pricing reflects operational complexity, and LOI (Letter of Intent) is one factor that contributes to that complexity. Depending on how LOI (Letter of Intent) applies to your specific itinerary, it could influence the quoted rate, required crew configuration, or aircraft selection.

The core concept behind LOI (Letter of Intent) is recognized internationally, but implementation varies. The FAA, EASA, and national aviation authorities each apply their own regulations, which means LOI (Letter of Intent) 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 LOI (Letter of Intent) affects your charter or acquisition, contact our team directly.

You don't need to be an expert in LOI (Letter of Intent) to book a charter. But clients who understand aviation terminology tend to get better service, because they can communicate their requirements precisely and evaluate proposals with confidence.

LOI (Letter of Intent) falls under the regulatory authority of the FAA (US), EASA (Europe), and equivalent national authorities worldwide. ICAO coordinates international standards. Your charter operator is responsible for compliance with all applicable regulations related to LOI (Letter of Intent).

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

Questions?

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