Jet Talk - Insights & Articles
The latest news and information on private aircraft ownership and operations
Select a Category
Pilots don’t the privileges and limitations of their certificates are separate and distinct from operational rules required to conduct a flight.
I compete in Formula One air racing, so one week out of each year, CFR means “Crash, Fire, Rescue” instead of “Code of Federal Regulations.” Each year at the air races in Reno, NV, the safety team repeats their mantra that “Maydays are Free!” The safety folks remind us that
Effective January 19, 2021, new tax regulations clarify how the charter industry should address the Commercial Aviation Federal Excise Tax (“FET”) with managed aircraft. The new regulations will give the charter industry a new sales tool: charter flights for owners in their own aircraft will not be subject to FET.
“No bucks, no Buck Rogers.” This quote from The Right Stuff neatly sums up the interrelationship between business aviation and the tax code. Many years ago, Bob Dole was a Senator from the airplane-building State of Kansas. Senator Dole was a commanding presence in the Senate, particularly when it came
In September, the NTSB published a Final Report with a very simple determination of probable cause: “The pilot’s loss of helicopter control as a result of fatigue during cruise flight at night.” The flight was a “tail-end ferry flight.” Unlike FAR Part 121 operations, charter operators under FAR Part 135
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
Prior to 2009, Aircraft financing was generally straightforward and often generous. With a virtual shortage of aircraft (new and used) on the market, lenders did not shy away from supporting what are sometimes characterized as “risky,” high-dollar assets. In fact, financiers went so far as to seek out aircraft financing
The days of boilerplate aircraft purchase agreements are long over. (If they were ever here in the first place.) New regulations – whether from the FAA, IRS or from financial institutions – are continually added or change on a regular basis. Your first line of defense against unexpected difficulties at closing is
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