Pilots don’t the privileges and limitations of their certificates are separate and distinct from operational rules required to conduct a flight.
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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.
“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
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
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
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
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
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