Financing in a changed market
What today’s business jet buyers must know
... Read NowLessor Liability
If you own an aircraft and lease it out, can you be liable for damages caused when the lessee is operating it? The answer reminds me of a joke my secu
... Read NowFinancing a Business Jet in Today’s Market
Yes, it's a new world out there, but you can still get a loan
... Read NowAircraft Interchanges
One seemingly enticing opportunity for business jet owners presented by the Federal Aviation Regulations (FARs) is the interchange agreement. The rule
... Read NowWatch out for excise tax audits
Nobody likes a tax audit. Even Internal Revenue Service agents would probably rather go fishing.While no audit is fun, a transportation excise tax aud
... Read NowAircraft Finance 2009
The worldwide financial malaise that arose out of the subprime mortgage mess has finally infected business aviation. The industry initially appeared i
... Read NowIs your airplane a hobby?
What do a business jet and a stamp collection have in common? According to the Internal Revenue Service, both may be hobbies. If the IRS considers you
... Read NowBack-to-back transactions
A prominent aviation lawyer complained to me recently when his outraged client discovered he was being “back-to-backed.” The lawyer wasn’t pleased eit
... Read NowThe Demo Flight
You probably wouldn't dream of buying a car without test-driving it. Yet people sometimes purchase airplanes they have never flown in–or even seen. So
... Read NowCapitalize or expense?
Proposed IRS regulations would make it tougher to write off heavy maintenance costs when you incur them
... Read Now
