by airlawoffice | Aug 14, 2020 | Uncategorized
You’ve set up your operational structure for your “large civil aircraft” and you have your Part 91 lease in place, what now? Whether you have purchased a new-to-you aircraft, or you are changing up your operational structure, you’ve found a new lessee to use...
by airlawoffice | Aug 5, 2020 | Uncategorized
The IRS is pretty strict when it comes to 100 Percent Bonus Depreciation under the 2017 Tax Act, especially on the fundamentals. Was your aircraft acquired and placed into service after September 27, 2017 and before January 1, 2027 – this one is fairly straightforward...
by airlawoffice | Sep 26, 2018 | Uncategorized
Perquisites, like the use of the corporate aircraft, are an attractive way to solicit corporate talent and, when properly categorized, a good way for a company to make use of its already existing assets to retain that corporate talent. Unfortunately, perks can...
by airlawoffice | Jul 20, 2018 | Uncategorized
NBAA Urges Review of Timesharing Regs Following FAA Enforcement Action NBAA suggests operators who are conducting timesharing flights should review the rules in Part 91 of the Federal Aviation Regulations (FARs) governing these flights. With the FAA’s recent...
by airlawoffice | Jul 20, 2018 | Uncategorized
NBAA Recommends Part 135 Operators Review Any Aircraft Interior Exemptions NBAA is encouraging members to review their records for exemptions related to aircraft interiors following a recent FAA InFo, which highlighted a safety situation that could impact some Part...
by airlawoffice | Jul 18, 2018 | Uncategorized
Business Aviation Market Overview – August 2018.July 31, 2018 What are the latest Business Aviation market trends, indicators, forecasts and analyses? As we reach mid-year, aviation analyst Rollie Vincent introduces the latest medley of industry reports for...