Ready to Buy & Fly? Best Practices & Teaming Strategies for Successful Aircraft Acquisition
On Thursday, May 28 at 1 pm EDT, GKG Law hosted the webinar Ready to Buy & Fly? Best Practices & Teaming Strategies for a Successful Aircraft Acquisition with guest presenter Essex Aviation President and CEO Lee Rohde.
During this one-hour event, attendees learned best practices to be undertaken by an aircraft purchaser in preparation for and during the process of an aircraft acquisition. The decision to acquire an aircraft involves a multitude of business, mission-specific, legal and tax considerations, particularly for first-time buyers. The presenters discussed best methods for assembling an efficient and collaborative aircraft acquisition team — from acquisition experts, brokers and bankers to tax professionals and legal advisors — and ways to ensure a smooth and seamless aircraft acquisition process. They also discussed ways in which to maximize spend, such as using Net Operating Loss (NOL) carryback as a tax planning tool in light of the CARES Act.
An audio recording of the webinar can be accessed HERE and a PDF of the presentation slides can be found below.