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Selling Used Aircraft
November 16, 2018

“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 for full article

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Financing Business Aircraft: Exploring options after the Great Recession
May 9, 2018

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 opportunities by aggressively marketing low […]

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Avoid Boilerplate Aircraft Purchase Agreements
January 27, 2017

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 the aircraft purchase agreement. You […]

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The Questions You Need To Ask Before Financing An Aircraft
November 15, 2016

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 trusted advisor.To Finance or Not […]

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Unmanned Aircraft Systems – Rules and Obstacles
September 23, 2016

The last week of July, 2016 saw our attorneys attending Experimental Aircraft Association’s 64th AirVenture event in Oshkosh, Wisconsin. The event hosted approximately 563,000 attendees and brought together about 10,000 aircraft. AirVenture is where “new aviation technology and innovations are unveiled to the world,” said EAA Chairman, Jack Pelton. This year showcased commercial drones, also known as […]

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Future Flight
August 2, 2016

In the 1900’s, whilst the Wright brothers were changing the world as we knew it, wide-eyed people- children and adults alike, were seen dotting the outdoors, gazing into the skies each time an “air vessel”, as Lord Byron speculatively called it, passed them by.Not much has changed since- birdflight is still the basis of aviation, […]

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