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New Reality Show: Aircraft Repo Man

Barbara Cockburn
 on July 22, 2009 10:17 AM | | Comments () | TrackBacks (0) |
When times are bad, repo men benefit. When times are really bad, repo men benefit and turn their job into a TV show.

From Variety:

"Dirty Jobs" exec producer Craig Piligian has nabbed the rights to turn the dangerous work of airplane repo man Nick Popovich into a TV series.

Popovich is the co-partner of Sage-Popovich, a repossession firm that specializes in taking back big-ticket items -- mostly airplanes. According to a recent profile of Popovich by Salon.com, the company's clients include Citibank, Transamerica and Credit Suisse, and the firm nets $600,000-$900,000 per job.

Popovich's business is booming in this weak economy, as he travels the globe to grab Gulfstreams, Learjets and even 747s from cash-strapped owners who have defaulted on their payments. 

"Every case is different," Piligian said. "Maybe it's a small airline in Scandinavia that bought a 747. He has to figure out how to get past airline security and grab the plane. He plans it like a military operation. Sometimes he's in disguise. Often it gets a little hairy."

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