PROTECTING YOUR PRIVACY: Public Tracking of Private U.S.-Registered Aircraft

Posted by on Aug 15, 2018 in Articles, The Latest

PROTECTING YOUR PRIVACY: Public Tracking of Private U.S.-Registered Aircraft — Originally published in BusinessAir Magazine, May 2018, Volume 28, No. 5. Most of my clients who own whole aircraft want to avoid the public’s scrutiny of their ownership details and flight itineraries. Privacy is an important reason why they choose to travel noncommercially. Additionally, aircraft owners are sometimes public figures for whom privacy is key. Some...

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NBAA Regional Forum Returns to White Plains

Posted by on Jun 14, 2018 in Articles, The Latest

If you’re an aircraft owner or operator in the northeast, don’t miss the National Business Aviation Association’s (“NBAA”) White Plains Regional Forum, taking place on June 21, 2018 at Westchester County Airport (HPN) in White Plains, New York. Aerlex Partner Amanda Applegate will be at the forum that day, meeting with existing and prospective clients. The exhibits and static display will be open to attendees from 9:00am to 4:00pm. “I always...

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Capitalizing on the TCJA

Posted by on Jun 6, 2018 in Articles, The Latest

Capitalizing on the TCJA — Authored by Amanda Applegate. Originally published in Business Aviation Advisor Magazine, May/June 2018.   How will the Tax Cuts and Jobs Act of 2017 (“TCJA”) affect business aviation lending? And what does this mean for you? ■ A surplus of capital/available funds will be created for many corporations by the decreased corporate tax rate. In 2017, C corporations were subject to graduated tax rates of 15% for...

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Posted by on May 24, 2018 in Articles, The Latest

The fifth annual Endeavor Awards took place Saturday evening, May 12, under the wings of the space shuttle Endeavor at the California Science Center in Los Angeles. The Endeavor Awards honor pilots and volunteer pilot organizations who dedicate their energies to charitable aviation. Proceeds of the event benefited Angel Flight West, a non-profit organization that has flown 75,000 missions of compassion since its founding in 1983, delivering...

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Employee or Independent Contractor Classification Update

Posted by on May 3, 2018 in Articles, The Latest

  EMPLOYEE OR INDEPENDENT CONTRACTOR UPDATE: A NEW CALIFORNIA RULING FURTHER LIMITS INDEPENDENT CONTRACTOR CLASSIFICATION   In 2015, Aerlex presented a two-part online series entitled “Employee or Independent Contractor?” which examined the question of whether pilots and cabin attendants could be treated as independent contractors rather than employees. At that time, we concluded that the State of California might be following the...

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Aircraft Upgrades Prior to Closing

Posted by on Apr 25, 2018 in Articles, BusinessAir Magazine, The Latest

Aircraft Upgrades Prior to Closing — Originally published in BusinessAir Magazine, April 2018, Volume 28, No. 4. For the past decade, the preowned aircraft market has been a buyer’s market. There has been an ample supply of inventory to choose from in all categories. After the first quarter of 2018, we are now seeing a more balanced market in most categories, and some categories are actually shifting further toward a seller’s market. In certain...

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