Corporate Aviation Articles

Title Summary
Replacing Your Aircraft? 8 Factors To Consider Many current aircraft owners have decided that 2017 is the year to replace their aircraft. With pre-owned prices and residual values for their current aircraft skewing lower, many owners are upgrading to larger, newer preowned aircraft. When replacing a current aircraft with another aircraft, there are a number of important factors to consider: Ownership structure – Presumably, when the...
What should lessors realize to gain 20% ROI from mid-age aircraft? The civil aviation market is expected to grow by 5% annually, creating the demand for around 40,000 aircraft in the next two decades, according to estimates of both Airbus and Boeing. This provides plenty of opportunities for lessors, but the aircraft leasing market is a highly competitive field, and high returns are not always possible. How to be successful in such a challenging market? AviaAM...
Your Learjet. Your Legacy. The annual NBAA Business Aviation Convention and Exhibition typically marks the end of the year from most in Business Aviation. Even though we still have a few months of business after the event, it’s certainly a time of reflection and comparison if we’re honest. Where were we last year during this time? What has happened since the NBAA conference last year? Taking it back to the...
Wheels Up A Revolution Has Taken Flight In 2013, Kenny Dichter saw an opportunity to further democratize private aviation, creating a membership model that leverages technology, value and exclusivity on the King Air 350i. In just four short years, Wheels Up has positioned itself as a viable competitor in the industry, growing from a small disruptive start-up to a category leader that has broadened the addressable market, making it...
Aerlex Law Group Aircraft Owner Trust Succession Over the past several months, many aircraft owners who own their aircraft through an owner trust have been notified that the trust company that serves as the trustee of the trust (“Owner Trustee”) is resigning as trustee. The standard trust agreement allows the Owner Trustee to resign upon 30 days written notice to the Trustor (the ultimate aircraft owner). In a situation such as...
Aerlex Law Group The Letter of Intent to Purchase an Aircraft: What’s the Purpose? Is it Necessary? The most common first step in the acquisition of an aircraft is for one of the parties, usually the buyer, to prepare and submit a letter of intent (“LOI”) to the other party. The main reasons for using an LOI are to express each party’s understanding of the basic terms of the transaction and to commit those terms to writing, at the outset, to confirm that the parties really...
Aircraft Lending – A Niche Market Lately I’ve noticed that most aircraft lenders seem intent on carving out their own niche for lending. By that, I mean that most lenders are catering to a certain type of transaction rather than trying to be available to finance all types of aircraft transactions. Some lenders are focusing on aircraft transactions that are for turboprop or light jets valued at less than $1 million, while...
The Chao Report - A Status Report of Aviation in China - June 2017   2017 SICHUAN AIRSHOW The 2017 Sichuan International Aerospace Exhibition 2017 will be held from September 29th to October 3rd at the Chinese Civil Aviation Flight University in Deyang City. The two venues for this year’s airshow will be the Guanghan Airport and the Deyang International Exhibition Center. This year’s guest nation of honor is the Czech Republic.   94...
Aerlex Law Group Preparing for an Aircraft Purchase: How to Become the Most Prepared and Qualified Buyer As the supply for quality pre-owned aircraft inventory has begun to shrink (especially in certain large cabin models), I see more buyers devoting time to advance preparations to ensure that they are perceived by sellers as the most qualified, attractive buyer. If you are in the market for an aircraft and want to expedite your purchase and closing, consider taking the following steps prior to...
Chao Report The Chao Report - Monthly Status Report of Aviation in China for May 2017 China’s National Development and Reform Commission Announces GA Demonstration Centers in 26 Cities Hoping to realize what it sees as the enormous potential of the general aviation industry, China’s National Development and Reform Commission (NDRC) recently published “Ideas Regarding the Construction and Implementation of General Aviation Demonstration Centers”. The new...