When you’re buying a jet, months of work culminate the moment you sign the papers. You’re finished with research, analysis, due diligence and inspections. You’ve had the last of your consultations with brokers, attorneys, accountants, pilots and mechanics. The marathon has been run and now you can reap the rewards.
Bizav Basics » Ownership
August 4, 2014
June 26, 2012
Preowned aircraft prices and financing costs remain at historically low levels, and business jet manufacturers continue to offer incentives to boost sales. That’s changing the access equation for private fliers, leading some to forgo charter, jet cards or fractional shares in favor of buying an aircraft outright.
March 26, 2012
中文内容请参看下面的PDF文件 As with real estate, the options available to business jet travelers fall into two main categories: rent and own. Civil aviation regulations around the world dictate this.
April 1, 2010
An aircraft starts to deteriorate as soon as it leaves the factory. Parts wear out and corrosion sneaks into hard-to-reach corners. Expensive engine components tick off their allowed lifetime operating cycles and hours each time you fly. There's only one way to combat this entropy, preserve airworthiness and maximize safety, and that is by performing maintenance.
February 1, 2010
Managing a multimillion-dollar aircraft isn't just another chore, it's a full-scale business-a business many owners want help with. "We're overwhelmed right now," said Scott Phillips, whose company, Jet 1 Charter, provides management and charter services in Naples, Fla.
April 1, 2009
Anyone who has owned an airplane knows that finding the right place to keep it is no small task. In fact, the job is likely much more involved than first-time buyers ever imagine when they begin to consider aircraft ownership. Obtaining financing, finding insurance, hiring a crew, arranging maintenance-even redoing the interior and paint job-are likely all high on their list of things to do.
December 1, 2008
Aircraft owners often take pleasure in contemplating federal aviation taxes. That's because much federal tax planning in this area focuses on deductions and thus on taxes the aircraft owner might save. Comparable deductions are frequently available for state tax purposes, but when the spotlight shines on state tax it usually illuminates how much the owner must pay.
August 1, 2008
Registering your aircraft in the U.S. is a seemingly minor paperwork item that you may not think about during the heady hunt for a business jet. But unless the registration is properly handled, that aircraft you buy might not be legal to fly.
August 1, 2008
With jet-A fuel costs reaching record highs, business aircraft owners and their flight departments are feeling a big pinch in their budgets. The good news is that they are receiving some relief from an unlikely source-aircraft-insurance companies. The aviation-insurance industry equivalent of a heavyweight title fight is in full swing, and the big winner is the aircraft owner.
July 1, 2008
Managing construction of a hangar or leasing an existing one isn't as easy as you might think. You may face obstacles ranging from local zoning laws to FAA regulations to insurer mandates. Here's what you need to consider.
“You’re absolutely right—and you can’t stand up in your [expletive] Rolls-Royce, either.”
-William Lear, in the early '60s, replying to a man who complained that he couldn't stand up in the original Lear Jet
February 1, 2012
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