AVIATION & BUSINESS LAW

BusinessAir Magazine

Innovative Private Aviation Options

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

Innovative Private Aviation Options — Originally published in BusinessAir Magazine, October 2018, Volume 28, No. 10. In 1986, when Richard Santulli created NetJets, it was considered revolutionary. NetJets opened up private aviation to a new segment of customers. Flexjet followed in 1995. The pool of potential private aircraft users was made even greater with the advent of Marquis Jet in 2001. Now more than 15 years after the launch of Marquis...

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Purchasing an Aircraft with Maintenance Programs and Subscriptions: The Details Matter

Posted by on Oct 23, 2018 in Articles, BusinessAir Magazine, The Latest

Purchasing an Aircraft with Maintenance Programs and Subscriptions: The Details Matter — Originally published in BusinessAir Magazine, August 2018, Volume 28, No. 8. Aircraft that are enrolled in maintenance and subscription programs, such as those covering airframes, engines, and maintenance tracking, are often more marketable, and sometimes more valuable, than comparable aircraft that are not covered by such programs and subscriptions. There...

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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...

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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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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...

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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...

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