The recent imposition of tariffs on imports has significant implications for the purchase of aircraft and aircraft components for both the commercial and private aviation market sectors. Unless exemptions are issued, the imposition of substantial tariffs on imported...
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Aviation Law
Should recent FAA shakeups deter you from buying a plane?
For individuals and businesses considering the purchase of an aircraft, recent changes within the Federal Aviation Administration (FAA) may – very understandably – raise concerns about safety regulations, oversight and long-term operational stability. The FAA has...
What to include in an aircraft co-ownership agreement
If you’re considering buying an aircraft with someone else or becoming part owner of an aircraft owned by a friend or associate, you need a co-ownership agreement. Whether you’ll be using the plane for personal or business travel or some other purpose, certain things...
When is the right time to buy an airplane?
Purchasing an airplane is a major financial commitment. Even on the resale market, an airplane can represent a major investment for an individual or a business. Those hoping to make use of a private pilot's license or to expand a small commercial fleet may put off a...
Can airplane owners sell their planes in as-is condition?
Purchasing an airplane is a major investment, and selling an airplane can be a significant undertaking. The law has to balance the interests of both parties. One of the ways the government protects those acquiring airplanes is through disclosure requirements....
Dealing with aviation liens when preparing to buy a plane
Purchasing an airplane is a major investment. Whether it is the first small plane an individual acquires or an addition to a small commercial fleet, the airplane may cost tens of thousands of dollars. Purchasing directly from a previous owner can sometimes lead to a...
New vs. Used aircraft for busy individuals
Does the allure of private aviation beckon you as a busy individual? You can save a great deal of time by skipping crowded terminals, security lines and layovers each time you have to attend a business meeting in another state, country or continent. Is it time to...
The FAA’s aircraft registration rules for new purchases
Purchasing a new aircraft involves several steps, not least of which is ensuring that the aircraft is properly registered with the Federal Aviation Administration (FAA). Compliance with the FAA’s aircraft registration rules is mandatory for operating an aircraft...
Considerations when purchasing a used aircraft for personal use
Buying an aircraft provides individuals who have a need or desire to travel with a faster, more convenient way to take longer trips, either for business or pleasure. In addition to being a major purchase, aircraft ownership comes with a range of considerations which...
Contingent purchase offers protect aircraft buyers
The acquisition of either new or previously owned aircraft is a significant transaction. Which course a buyer might choose will be largely dependent on their budget and how they want to use the aircraft. In either case, though, modern aircraft values typically run...