Transcript: Leasing is extremely common in the aviation industry. Some useful guidelines are that the lessor generally provides the plane solely as a piece of equipment. Meaning, they do
Transcript: The FAA severely limits compensation a private pilot can receive and for this purpose, reimbursement counts as compensation even if the pilot’s still loses money. However, some reimbursement
Transcript: There can be some limitations on the operation of experimental aircraft being flown for business. That said, the FAA’s primary concern is about the safety of any passengers.
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