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