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
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
Join 27,000 industry professionals for the most important three days of business aviation. Ranked as the sixth largest trade show in the United States, the Business Aviation Convention & Exhibition (NBAA-BACE) will be held Nov. 1-3, 2016, in Orlando, Florida, bringing together current and prospective aircraft owners, manufacturers and customers
If you’re interested in buying or selling aircraft, your intentions may be clear to you, but not necessarily to the other party. When you’re the buyer, a Letter of Intent (LOI) establishes you as a seriously interested buyer but without necessarily committing you to complete the transaction. When you’re the
Best Practices: Managing an Aircraft Management Company 5 Scenarios that could cost you money, and impact safety Let’s start with two questions to ask yourself: How qualified is this aircraft management company to adapt to the changing needs of my business and the marketplace? Am I paying fair prices and
Owning an aircraft free-and-clear is often the ideal. But, there are situations where shared aircraft ownership can work economically and logistically. When appropriately structured, a shared aircraft ownership arrangement can prove to be mutually beneficial. However, before entering into a multiparty ownership arrangement, it’s important to understand the potential downside,
Selling a used jet “As Is, Where Is, With All Faults” is an age-old practice. It is the plain English version of caveat emptor: Let the buyer beware. Click here to download full article.
When to Negotiate and When to Say ‘No’; A charter operator’s guide to the best agreement possible. Click here to download full article.
Before entering into an aircraft purchase agreement, it’s imperative to understand that sales and use tax requirements are state-specific. Failing to account and plan for sales and use taxes can result in an unexpected tax bill including substantial penalties and interest. Many states are increasingly prone to audit jet aircraft
International aircraft transactions can spiral out of control fast. How can you protect your investment and avoid costly mistakes? Collaborating with an aviation attorney should be your first step. They can expertly guide you through all the complex international buy/sell events, all requiring flawless execution to guarantee a successful closing.
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