• NC Software is having a Black Friday Sale Event thru December 4th on Logbook Pro, APDL - Airline Pilot Logbook, Cirrus Elite Binders, and more. Use coupon code BF2020 at checkout to redeem 15% off your purchase. Click here to shop now.
  • NC Software is proud to announce the release of APDL - Airline Pilot Logbook version 10.0. Click here to view APDL on the Apple App store and install now.

Repo Man

Cheebs501

Active member
Joined
Oct 21, 2005
Posts
28
Total Time
5000
Has anyone had the company plane they are flying get reposessed? What were the warning signs? Do they take it without you knowing or will there be some warning?
 

mxpilot2

Well-known member
Joined
Dec 26, 2007
Posts
59
Total Time
11300
I don't know about nowadays, but I know of one in the 90s that we knew they were coming to get it. Also of one in the 80s where the crew came from the hotel from an overnight and the plane had been repo'ed during the night.

Could go both ways, I suppose.
 

bravo

Active member
Joined
Jan 22, 2002
Posts
41
Total Time
17,500
The last company I worked for had our Lear 55 repoed by GE-Captial. The repo pilots and a suit came to our FBO with a court order. My boss thought he would be a smart guy and have the 55 all locked up and removed one of the batteries. All the pilots had to turn in there keys and were instructed no to cooperate if the Sheriff called. No Dice. When the repo boys come the airplane will be flown out.

The repo boys hired a local locksmith that drilled out the lock. They flew it out with one battery,VFR and no flight plan. Those guys do not mess around.
 

Fly91

Registered Pilot
Joined
Jul 31, 2008
Posts
635
Total Time
lots
Has anyone had the company plane they are flying get reposessed? What were the warning signs? Do they take it without you knowing or will there be some warning?

I've gone on a couple repos. Took a Lear 55 from Naples Municiple back to FLL and left it at Bombardier and took a Citation VII from Jacksonville Craig to Houston.

Did it very late at night and nobody knew a thing. The repo guy I went with made sure both airplanes were flying recently so he knew they were in airworthy shape. He went there a couple nights before hand to watch the planes operate and spoke with certain people on the airports about the planes, and I came the night before the repo flight.

Only times that make it hard is when the aircraft owners install a Medeco key lock. Then he would use the cops to stand by while a locksmith drills it out. If the owners show up in the process the cops tell them to piss off.

This was back in 2000.
 

Flex-ible

JAFO
Joined
Jan 12, 2008
Posts
264
Total Time
40+
Big article on an airplane repo man in the New York Times a couple of weeks ago. His business is way up!
 

Diesel

TEB Hilton resident
Joined
Nov 25, 2001
Posts
4,394
Total Time
696969
I had a friend that had a plane repo'ed on them.

They had a charter request to xyz airport. They ferry over and 3 guys are standing there. Thanks for the plane. Its repo'ed.

Didn't even have to fly it, they flew it to them. HA
 

bizjet800

Well-known member
Joined
Jan 3, 2005
Posts
2,279
Total Time
6000+
Are any repo companies hiring? LOL
 

avbug

Well-known member
Joined
Dec 14, 2001
Posts
7,602
Total Time
n/a
You'll do well so long as you don't have to repo out of KTEX.
 

realmanofgenius

midget wih a big penis
Joined
Dec 19, 2007
Posts
117
Total Time
7000
repo guys work at night..in the middle of it... they come with court orders or copies of security interest like a bank note... (you'll be fast asleep)

the warning... the owner dodges phone calls, or the secretary has a pile of pink phone messages the owner hasn't picked up. or his desk is a pile with those phone messages on top.

pardon the humor, but it is true...you'll never know... the system works like this for a reason.. if you do check the incoming mail, look for alot of the same letters from the bank, or the biggest hint


a certified letter on a cream envelope with
" robertson, comerford, hinshaw and feldstein " on it
 
Top