Month: November 2013
Options for Limited Aircraft Usage / Issues Relating to the Purchase and Ownership of an Interest in a Fractional Program Aircraft
This webinar consisted of two parts. In Part 1, Chris Younger provided an overview of various “limited aircraft usage” options including on-demand charter, block charter, cards programs and fractional ownership, including a comparison of the pros and cons of each alternative. In Part 2 he gave a detailed overview of important issues that purchasers and owners of fractional interests in aircraft need to consider in connection with the purchase and continued ownership of a fractional interest including program parameters, legal rights, documentation issues, choice of program and aircraft, and similar issues.
Acquiring a Business Aircraft 101 (Part 1)
Legal advice and tax planning support are essential in every business aircraft acquisition, notes attorney Keith Swirsky. In all aircraft transactions, documentation should clearly detail the rights and obligations of the individual parties involved.