Transcript: Most general aviation aircraft are operating under federal aviation regulations part 91, entitled General Operating and Flight Rules. These are non-commercial rules, for people flying for their own […]
Transcript: Aircraft can be owned in trust vehicles, wherein one company owns the aircraft or the aircraft trust and another company or individual is the beneficiary of that trust […]
Transcript: An interchange agreement is one of the few arrangement allowed by the FAA where a non-commercial operator can provide flights for compensation. In this case, the compensation is […]
Transcript: An aircraft time share is one of the few cases where the FAA will allow an aircraft operator to charge for providing air transportation, even though the operator […]
Transcript: The terms “wet” and “dry” for aircraft leases can be a source of confusion. The way most people in the industry use the term “wet” refers to a […]
Transcript: It takes several weeks for the FAA to process an aircraft registration application. For up to 90 days during this processing window, the aircraft is legal to fly […]
Transcript: In thinking about aircraft task planning or purchasing a business aircraft, many aircraft owners have heard wind of or become concerned that their aircraft may be considered a […]
Transcript: In day to day use, a fractional share can seem much like purchasing a block of hours from a charter company, though there are differences. For example, the […]
Transcript: The FAA has really defined in sometimes confusing definitions of what it means for a company to be a US citizen. Many companies may not need that test, […]
Transcript: Aircraft are often shared among two or more co-owners. If you’re considering this, make sure you have a written agreement documenting your arrangement. This prevents disagreements later by […]