One of the biggest challenges posed by FAA regulations is how to pay for a flight on a non-commercial aircraft.
Money » Taxes, Laws & Finance
August 1, 2010
July 1, 2010
Business jet finance probably hit bottom in early 2009. Loans have become much more available since then, but we've yet to return to the halcyon days of 2007, when you could readily arrange 100 percent financing for aircraft at purchase prices that today seem grossly inflated. As Bank of America's Michael Amalfitano pointed out, "The days of aggressive deals at thin pricing are over."
July 1, 2010
After three straight years of historically low premiums and greatly expanded coverage offerings, the struggle among aviation insurance companies to gain or hold market share has begun taking its toll. Last year the industry experienced one of its worst for aviation claims since 2001, and 2010 continues the trend.
June 1, 2010
When searching for a specific aircraft tail number, it's easy to conclude that all the good ones are taken. The folks who operate the FAA registry in Oklahoma City, however, think they've found a way to make many of these "unavailable" registration numbers magically accessible to the rest of us.
April 1, 2010
An oft-cited benefit of business jets is that they provide greater security than the airlines. This same benefit can reduce your taxes, too.
February 1, 2010
The business jet finance field is unique because business jets are unique. For one thing, they move around-fast. A Gulfstream G550 that's in Zurich this morning could be in Tehran tonight.
December 1, 2009
If you own an aircraft and lease it out, can you be liable for damages caused when the lessee is operating it? The answer reminds me of a joke my securities law professor, Louis Loss, used to tell about a client wanting to hire a one-handed lawyer so the lawyer couldn't say: "Well, on the one hand...but on the other hand."
August 1, 2009
You may have heard that is almost impossible to secure business jet financing these days, but to paraphrase Mark Twain, rumors of its demise are greatly exaggerated. Though the feeding frenzy among aircraft lenders is over, you can still find financing if you know where to look.
June 1, 2009
One seemingly enticing opportunity for business jet owners presented by the Federal Aviation Regulations (FARs) is the interchange agreement. The rule lets you "interchange" your jet with someone else's, allowing you, in the FAA's words, "to augment or more fully utilize" your aircraft.
April 1, 2009
Nobody likes a tax audit. Even Internal Revenue Service agents would probably rather go fishing.
“You are so motivated to make sure the trip goes smoothly, because you know that the organs of these two kids are now going to save the lives of more than just a handful of other kids.”
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