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...
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Aviation Law
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...
Don’t let aircraft liens ruin your purchase
Buying an aircraft can be an exciting experience. Whether you are about to purchase your first privately-owned aircraft after obtaining your pilot's license, or are adding to a company fleet, the purchase of a new or pre-owned aircraft is often a sound investment, and...
Why due diligence is crucial when buying an aircraft
Acquiring an airplane can be an exciting moment for either a business or an individual. Whether someone with a private pilot license wants their own plane to pursue their current favorite hobby or a business that offers aviation-based services wants to expand its...
Remember these critical points when buying used aircraft
Buying used aircraft is an exciting venture. It provides an opportunity to enjoy the freedom and convenience of flying on your terms. However, the process involves several steps and considerations to better ensure a smooth purchase and a safe flying experience. From...
Regulatory considerations when buying an aircraft
Most of us are familiar with the process of buying, owning and operating a car. We know where to look to shop for one, we know how to choose what we want, and we know the rules, regulations and laws we must follow for insurance and registration. When we got our...
Can you buy an airplane with a lien on record?
One of the most opportune times to buy an airplane is likely when the owner can no longer utilize or maintain that plane. Those looking to upgrade will want maximum returns on the sale of their airplane, while those hoping to end their financial responsibility for the...