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

  Transcript: It’s very common for businesses that are owning and operating aircraft to set up a special purpose entity or a subsidiary specifically to own and operate the aircraft,

Transcript: The sale of excess capacity on a business aircraft can be done in a variety of ways but FAA limitations in this area are extensive and strictly policed. The

  Transcript: For truth-in-leasing purposes a lease is considered to be any arrangement where an aircraft whether with or without crew is provided by one person to another for compensation