For U.S. Operators, charging someone for a ride in the company jet is a subject thick with claims and counterclaims, ignorance and outright bad behavior. The arguments are old, but some of the consequences are new. Today, the IRS may be more likely than the FAA to punish practitioners of
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For decades, FAR Part 135 charter operators have used their aviation expertise to manage aircraft for companies that own jets for their own use. The now-common practice of placing these managed corporate aircraft on a charter company’s operations specifications for charter by third parties evolved from this initial management service.
The Federal Election Commission has now revised its regulation to interpret and explain the “Honest Leadership and Open Government Act of 2007”. If your company wants to give a Senator a ride on the corporate jet, the first step is to review FAR Part 91.321. Click here to download full
The FAA believes that limiting the duration of a Certificate of Registration would be the most effective method of increasing the accuracy of its records. Expiration and re-registration within a specified time period is proposed. The proposal would supercede and eliminate the need for the information obtained via the Triennial.
There is no credit for registration or property taxes paid to other states. This makes little sense where the registration tax is essentially equal to the property tax. However, no one with the right facts has stepped forward to take this question to the Supreme Court. Click here to download
The NBAA recently won a quiet struggle to help “foreign” U.S. companies use their corporate aircraft as efficiently as, well, non-foreign U.S. companies. The NBAA petitioned for, and finally succeeded in obtaining a new rule, Part 375.37 addressing “Certain business aviation activities using U.S.-registered foreign civil aircraft.” Click here to
The Cape Town Treaty, signed and ratified by the United States and a handful of other countries, was created, essentially, to facilitate the financing and leasing of aircraft in Third World countries by making their repossession easier. A surprisingly broad group of aircraft and powerplants are affected. Companion to the