Jet Talk - Insights & Articles

The latest news and information on private aircraft ownership and operations

Select a Category

Federal Excise Tax Changes For Charter

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. 

Read More >

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

Read More >

Avoid Boilerplate Aircraft Purchase Agreements

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

Read More >

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

Read More >

NBAA BACE

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

Read More >

Unmanned Aircraft Systems – Rules and Obstacles

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

Read More >

Making a Drone Work For You

Last month, the FAA gave businesses and industries across the country the legal ability to integrate an Unmanned Aircraft System (UAS) into their operations. Over 500,000 UAS are registered with the FAA, and more registrations are processed each day. Drone Safety + Security Measures The new rules regulate operations and

Read More >

UAS (Drone) Pilot Regulations

Tired of climbing into a cramped cockpit and contending with cumulonimbus and demanding passengers? Now you can make money piloting from the ground. Why not don a pair of fuzzy slippers, settle into a recliner and become a remote pilot in command (R-PIC)? Here is an overview of UAS Drone

Read More >

Buying Or Selling An Aircraft? 4 Reasons To Use An LOI.

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

Read More >

Get Ready For New FAA Rules For Drone/UAS Operations

Get Ready for New FAA Rules for Drone/UAS Operations They’re here… The FAA has released the new 14 C.F.R. Part 107 for Operation and Certification of Small Unmanned Aircraft Systems. The FAA has also published this summary of the new Part 107: The new Part 107 is effective in 30

Read More >