Corporate Aviation Articles

Title Summary
Global Jet: "Always A Step Ahead" 2018 has nearly started and Global Jet can already draw-up a positive report for the year to come. The European Leader in Business Aviation keeps on growing; its expansion strategy is based on a regular scale. Our goal is the satisfaction of our customers and no compromise will be made on the quality of service the company  is known for since 18 years' states Abner Tato, Vice President...
Aerlex Law Group Aircraft Upgrades Prior to Closing? For the past decade, the preowned aircraft market has been a buyer’s market. There has been an ample supply of inventory to choose from in all categories. After the first quarter of 2018, we are now seeing a more balanced market in most categories, and some categories are actually shifting further toward a seller’s market. In certain aircraft categories, it is difficult to find high...
Aerlex Law Group Charting New Directions in the Life Cycle of Private Aviation Usage When I began my career in the aviation industry 20 years ago, the “life cycle” of private aviation consumers was fairly straightforward and predictable: first, they sampled non-commercial aircraft travel by chartering, then they moved into fractional ownership and, eventually, whole aircraft ownership if the demand existed. Later in the life cycle, when the consumer’s travel...
American Aero FTW American Aero FTW Defines the FBO of the Future To some, an FBO is simply a gas station for private aviation customers—a place to refuel, park a plane for a night or two, and move on. In fact, not much has changed since the first such operations opened in the early 1920s, when pilots and mechanics who made their living navigating the airways began looking for permanent, fixed-base operations. Until now. American Aero FTW at Meacham...
Aerlex Law Group Aircraft Documents: an Important Factor when Purchasing an Aircraft One important component of most aircraft transactions is the gathering and assessment of all pertinent maintenance records for the aircraft (“Aircraft Documents”). Aircraft owners are required to maintain Aircraft Documents in accordance with 14 C.F.R. § 91.417. The regulations strictly dictate how long Aircraft Documents must be kept, but do not mandate the format or forms...
Aerlex Law Group 2018 Federal Tax Changes Related to Business Aviation The Tax Cuts and Jobs Act of 2017 (“TCJA”) contains several significant changes that impact business aviation. Some of the changes are merely clarifications that the aviation industry has sought for years, while the other changes have many people speculating that the modifications will stimulate the sales of both new and pre-owned aircraft for the next several years. First, a new...
Aerlex Law Group Critical Issues with the Pending Federal Tax Reform Legislation With the recent passage of the Tax Cuts and Jobs Act by the United States Senate, many in the aviation industry have been discussing the impact the new legislation may have on business aviation. Aircraft buyers and sellers will both be impacted by the bill. Until the discrepancies between the House of Representatives and Senate versions of the bill are resolved and signed into law, we will not...
Aerlex Law Group Buyer Beware: Prepaid Charter Programs In the past six months, I have had three separate clients with problematic issues related to three separate prepaid charter programs. It is disturbing to have so many concerns in such a short period of time with three different private jet service providers. In the first matter, my client paid in advance for a card program run by a charter operator which had received a high rating from a third...
Book a Private Jet Charter to Find Your Ideal Aircraft Book a Private Jet Charter to Find Your Ideal Aircraft With so many private jets for sale, the best way to find your ideal aircraft is to try before you buy with a private jet charter from Air Charter Service (ACS). With over 50,000 available, we’ll find the exact model you’re after. Here are some of the best jets for sale on Business Air that you can try for yourself with ACS. Hawker Beechcraft 900XP The Hawker Beechcraft 900XP is...
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...