AVIATION & BUSINESS LAW

BusinessAir Magazine

2018 Aircraft Transactions–Final Quarter Countdown!

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

2018 Aircraft Transactions–Final Quarter Countdown — Originally published in BusinessAir Magazine, September 2018, Volume 28, No. 9. As we approach the last quarter of 2018, analytical data and industry experts are predicting a quarter that will be extremely busy with both aircraft purchases and sales. 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...

Read More

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...

Read More

Charting New Directions in the Life Cycle of Private Aviation Usage

Posted by on Mar 28, 2018 in Articles, BusinessAir Magazine, The Latest

Charting New Directions in the Life Cycle of Private Aviation Usage — Originally published in BusinessAir Magazine, March 2018, Volume 28, No. 3. When I began my career in the aviation industry 20 years ago, the “life cycle” of private aviation consumers was fairly straightforward and predictable: first, they sampled non-commercial aircraft travel by chartering, then they moved into fractional ownership and, eventually, whole aircraft ownership...

Read More

Aircraft Documents: an Important Factor when Purchasing an Aircraft

Posted by on Feb 28, 2018 in Articles, BusinessAir Magazine, The Latest

Aircraft Documents: an Important Factor when Purchasing an Aircraft — Originally published in BusinessAir Magazine, February 2018, Volume 28, No. 2. One important component of most aircraft transactions is the gathering and assessment of all pertinent maintenance records for the aircraft (“Aircraft Documents”). Aircraft owners are required to maintain Aircraft Documents in accordance with 14 C.F.R. § 91.417. The regulations strictly dictate how...

Read More

2018 Federal Tax Changes Related to Business Aviation

Posted by on Feb 16, 2018 in Articles, BusinessAir Magazine, The Latest

2018 Federal Tax Changes Related to Business Aviation — Originally published in BusinessAir Magazine, January 2018, Volume 28, No. 1. The Tax Cuts and Jobs Act of 2017 (“TCJA”) contains several significant changes that impact business aviation. Some of the changes are merely clarifications that the aviation industry has sought for years, while the other changes have many people speculating that the modifications will stimulate the sales of both...

Read More

BUYER BEWARE: Prepaid Charter Programs

Posted by on Dec 13, 2017 in Articles, BusinessAir Magazine, The Latest

BUYER BEWARE: Prepaid Charter Programs — Originally published in BusinessAir Magazine, November 2017, Volume 27, No. 11. In the past six months, I have had three separate clients with problematic issues related to three separate prepaid charter programs. It is disturbing to have so many concerns in such a short period of time with three different private jet service providers. In the first matter, my client paid in advance for a card program...

Read More