AVIATION & BUSINESS LAW

BusinessAir Magazine

Aircraft Insurance Considerations in a Tightening Insurance Market

Posted by on May 12, 2020 in Articles, BusinessAir Magazine, The Latest

Aircraft Insurance Considerations in a Tightening Insurance Market — Originally published in BusinessAir Magazine, March 2020, Volume 30, No. 3. The recent uptick in insurance claims in the commercial airline world and in general aviation have caused a tightening of the aviation insurance market. As a result, many of my clients are seeing an increase in insurance premiums, limitations on conditions previously granted, and in some cases are...

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An Aircraft’s Final Sale

Posted by on Apr 9, 2020 in Articles, BusinessAir Magazine, The Latest

An Aircraft’s Final Sale — Originally published in BusinessAir Magazine, February 2020, Volume 30, No. 2. As more aircraft reach the end of their useful life, understanding the process for the final sale of an aircraft is becoming more important. If there are no buyers for an aircraft or if an aircraft is more valuable for its parts than as a whole unit, then the aircraft owner should endeavor to find the best possible solution for the...

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Mitigating Risks When Improving an Aircraft Prior to Ownership

Posted by on Mar 11, 2020 in Articles, BusinessAir Magazine, The Latest

Mitigating Risks When Improving an Aircraft Prior to Ownership — Originally published in BusinessAir Magazine, January 2020, Volume 30, No. 1. More often than expected, I have clients who want to do work on an aircraft before they own it. It is logical, since often times the aircraft is already down for a pre-purchase inspection or is undergoing a major inspection. The purchaser is often anxious to have the enhancements made to the aircraft as...

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Preparing your Aircraft for Sale

Posted by on Jan 6, 2020 in Articles, BusinessAir Magazine, The Latest

Preparing your Aircraft for Sale — Originally published in BusinessAir Magazine, December 2019, Volume 29, No. 12. 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...

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FAA Addresses Privacy Concerns Related to ADS-B

Posted by on Dec 10, 2019 in Articles, BusinessAir Magazine, The Latest

FAA Addresses Privacy Concerns Related to ADS-B — Originally published in BusinessAir Magazine, November 2019, Volume 29, No. 11. With the FAA compliance date approaching, the privacy concerns of aircraft owners and operators related to ADS-B (Automatic Dependent Surveillance – Broadcast) had been increasing, but the FAA has recently announced a solution to alleviate the apprehensions. What is ADS-B Out? ADS-B is technology that uses an...

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The Closing: The Final Step to Completing the Aircraft Acquisition!

Posted by on Nov 19, 2019 in Articles, BusinessAir Magazine, The Latest

The Closing: The Final Step to Completing the Aircraft Acquisition! — Originally published in BusinessAir Magazine, October 2019, Volume 29, No. 10. At long last, you have found the aircraft that fits your needs, the pre-purchase inspection is complete and the discrepancies have been remedied. It is now time for the closing. What does this mean and what needs to be done? For many first-time aircraft buyers, they think the closing will be a long...

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