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Aviation advisor Mike Mikolay joined The Aerospace Executive Podcast to share his journey into entrepreneurship and insights on the ever-evolving business jet market. He discussed the challenges and opportunities of launching his own firm, the strategies behind successful aircraft transactions, and what buyers and sellers need to know in today’s market.

Aviation advisor Mike Mikolay is a trusted partner in business aviation, guiding clients with integrity, market insights and expertise.

Today, with commercial airlines’ capacity limited and fares rising, private aviation for corporate travel continues to offer programs a premium value in security, convenience and comfort. Plus, often, the greatest luxury is the luxury of time, and managing it better can be the biggest savings of all. Therefore, the return on investment of flying private can be calculated by analyzing the costs and benefits associated with private aviation compared with the expenses and outcomes of commercial air travel.

Business jets, often called "time machines," are extremely valuable because they boost productivity for aircraft owners and business travelers. But what about when the unexpected happens? Michael Mikolay shares strategies to minimize aircraft downtime while maximizing value.

PRESS RELEASE: After two decades of building and growing one of the world’s premier business aviation consulting and brokerage firms, Michael Mikolay has launched Mikolay Jet Group (mikolayjet.com) – a new aircraft sales and acquisitions firm delivering unmatched client experiences. Based in Guilford, Connecticut, Mikolay Jet Group’s mission is to redefine the aircraft brokerage experience. This means that Mikolay and his team will serve in an advisory role to improve the way aircraft are bought and sold, making the unregulated brokerage process smoother, more efficient and more effective for their clients.

It's been almost two months since I took the leap and started my own aircraft sales and acquisitions firm, Mikolay Jet Group. And it's just the beginning.