Jet Talk - Insights & Articles

The latest news and information on private aircraft ownership and operations

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Selling Used Aircraft

“As-is, where-is, with all faults accepted.” Although I believe that the origin of this phrase was an old English wedding vow for the serially betrothed, today it is common legal phraseology for the sale of used equipment without any warranty.  The simpler Latin phrase is “Caveat emptor”: Buyer beware. Click here

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Inflight Medical Emergencies

What are the practical and legal considerations when a passenger or crewmember becomes ill in flight? For the larger air carriers and operators of large business aircraft, a flight attendant is usually available to deal with the inflight medical emergency of a passenger or even a crewmember.  But what about

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Sharing Aircraft: Where is the line between FAR Part 91 and Part 135?

Congress recently clarified that aircraft management fees should not be subject to Federal Excise Tax (FET), nor should flights be operated by the aircraft owner.  However, there are still many gray areas for business flight operations that want to collect reimbursement for flights without taking on FAR Part 135 certifications.  Read

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What the Tax Law Means for Your Operation

The “2017 Tax Cuts & Jobs Act” made it through the U.S. Congress in the waning days of December.  The controversial bill has garnered so much attention.  There are, however, some important provisions relating to aircraft purchases, operations and federal excise taxes that drew little notice by the media as

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FBO Liability Hazards: What can go wrong on the road

Perhaps the most persistent FBO nightmare remains the February 2010 hangar collapse at Dulles Jet Center that damaged 19 aircraft. But snowmageddon hangar collapses are rare. Far more common are the dangers of a patch of ice at the bottom of an airstair, a harried lineman speeding in a fuel

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Air Charter Broker Rules: What Law Governs?

The DOT published a Notice of Proposed Rulemaking to require air charter broker disclosures. That was back in 2013. Prior to this proposal, the NTSB began calling for such a regulation after the 2004 charter flight crash in Montrose, Colorado.  How is the DOT regulating “unfair and deceptive practices,” which

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The Questions You Need To Ask Before Financing An Aircraft

After careful consideration, you have found the jet that fits your business and lifestyle goals. Competitive terms and rock bottom interest rates have once again made aircraft financing an attractive option.  Before making the decision to engage in or forgo financing, consider the following questions and discuss them with a

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