AVIATION & BUSINESS LAW

BusinessAir Magazine

2019 Aircraft Transactions – It is not too early to plan for a successful 2019 Closing

Posted by on Sep 12, 2019 in Articles, BusinessAir Magazine, The Latest

2019 Aircraft Transactions – It is not too early to plan for a successful 2019 Closing — Originally published in BusinessAir Magazine, August 2019, Volume 29, No. 8. As we move into the last several months of 2019, whole aircraft transaction volume will increase, particularly in December. Personally, I have a number of clients who are ready to proceed immediately with a purchase or sale once either the right inventory can be sourced or once a...

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Ongoing Privacy Concerns with Implementation of ADS-B

Posted by on Aug 13, 2019 in Articles, BusinessAir Magazine, The Latest

Ongoing Privacy Concerns with Implementation of ADS-B — Originally published in BusinessAir Magazine, July 2019, Volume 29, No. 7. ADS-B stands for Automatic Dependent Surveillance – Broadcast. By January 1, 2020, the majority of aircraft operating within the United States will be required to have ADS-B Out capabilities – and for aircraft registered internationally, some compliance deadlines are even sooner. Aircraft lacking ADS-B Out...

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Closing before the Aircraft is in the Delivery Condition – Exploring the Risks

Posted by on Jul 15, 2019 in Articles, BusinessAir Magazine, The Latest

Closing before the Aircraft is in the Delivery Condition–Exploring the Risks — Originally published in BusinessAir Magazine, June 2019, Volume 29, No. 6. More often than I would have thought possible, buyers and sellers are motivated by a variety of reasons to close on the purchase and sale of a pre-owned aircraft before the pre-purchase inspection is complete or before the inspection discrepancies are rectified. Sometimes it is because...

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Preparing for an Aircraft Purchase: How to Become the Most Prepared and Qualified Buyer

Posted by on Jun 4, 2019 in Articles, BusinessAir Magazine, The Latest

Preparing for an Aircraft Purchase: How to Become the Most Prepared and Qualified Buyer — Originally published in BusinessAir Magazine, May 2019, Volume 29, No. 5. As the supply for quality pre-owned aircraft inventory has begun to shrink (especially in certain large cabin models), I see more buyers devoting time to advance preparations to ensure that they are perceived by sellers as the most qualified, attractive buyer. If you are in the...

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Preparing your Aircraft for Sale

Posted by on May 8, 2019 in Articles, BusinessAir Magazine, The Latest

Preparing your Aircraft for Sale — Originally published in BusinessAir Magazine, April 2019, Volume 29, No. 4. Once a decision has been made to sell an aircraft, there are certain steps that should be taken in order to make sure the aircraft is ready to be sold. By taking these steps in advance, you will make the sales process easier and will avoid losing a potential sale. 1. Company Status. A business search should be done on the secretary of...

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Preserving your anonymity as an Aircraft Owner in 2019

Posted by on Mar 27, 2019 in Articles, BusinessAir Magazine, The Latest

Preserving your anonymity as an Aircraft Owner in 2019 — Originally published in BusinessAir Magazine, March 2019, Volume 29, No. 3. When an aircraft is bought or sold in the United States, two documents must be filed with the Federal Aviation Administration (“FAA”) – a bill of sale and registration application, which are both public records. Other documents may be required depending on the ownership structure and if financing is involved. On...

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