When is it time to renew an aircraft’s registration?
Transcript: Aircraft registrations expire every 3 years and need to be renewed. The easiest way to renew is to follow the instructions included in the letter the FAA sends
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What taxing authorities should I be aware of when operating an aircraft?
Transcript: When operating an aircraft there’s a bunch of authorities that we’re always paying attention to. We want to make sure we’re FAA compliant and DOT compliant. There’s also
What is truth-in leasing?
Transcript: The truth in leasing rule requires that any time use of a large aircraft, meaning one greater than 12,500 pounds gross takeoff weight is sold. The terms of
What is the typical rental period for an aircraft dry lease agreement?
Transcript: Aircraft dry lease agreements are very common in the industry, but there’s a lot of misunderstanding of what a typical lease period might be when state or local
What is the purpose of an aircraft Letter of Intent?
Transcript: Once a buyer and seller have struck a deal for an aircraft purchase, they will often want to move quickly ahead with the pre-purchase inspection. Too quickly, to
What is the NBAA small aircraft exemption?
Transcript: FAA regulations allow certain types of flying for compensation to be conducted only on qualifying aircraft, i.e. fractional aircraft, multi-engine jets, and aircraft larger than 12,500 pounds gross
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