Is it safe to purchase a used jet?
Transcript: Aircraft are extremely long lived pieces of equipment. Due to the industry’s meticulous maintenance practices and great care in handling them, aircraft commonly have productive lives of 30
Transcript: Aircraft are extremely long lived pieces of equipment. Due to the industry’s meticulous maintenance practices and great care in handling them, aircraft commonly have productive lives of 30
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: When federal excise tax applies, it is charged at 7 and a half percent of the amount that needed to be paid in order to receive the air
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
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