Insights

Trusts, which are fiduciary arrangements that enable a third party (trustee) to hold assets on behalf of a beneficiary (trustor), are often used for estate planning, property transfer, asset preservation and so on.

An aircraft pre-purchase inspection, or a pre-buy inspection, refers to the process by which a qualified entity or inspector examines an aircraft during a potential sale or transaction. The inspection aims to identify any pre-existing damage, potential maintenance issues, non-conformity of aircraft records and so on in order to protect the buyer’s interests.

Change is the only constant.  This holds true in all areas of our lives.  As an aviation leader, you will experience many changes: team changes, aircraft changes, regulatory changes, and company changes just to name a few.  But a change in the executive responsible for aviation, or Reporting Executive, can have a significant impact on you and your team.

When aircraft age becomes a consideration for you, there are several aircraft-specific factors that influence a sound replacement strategy.

The application and use of Flight Attendants (FAs) or Cabin Safety Attendants (CSAs) is commonly debated in business aviation.  VanAllen ‘s recent LinkedIn poll results highlighted the range of policies associated with flight attendant usage.

When purchasing an aircraft, you want to be sure you’re getting a fair or current market price. You’d also like to be confident that the seller is being candid about their valuation; you don’t want to find out after the fact that you could have paid far less than the aircraft was worth.

For private aircraft owners, deciding how you intend to manage and operate your aircraft is every bit as important as whether you decide to purchase new or pre-owned and which aircraft make or model you choose.

As appealing as aircraft ownership can be, it doesn’t make practical sense for every client, especially if their utilization falls below a certain number of hours per year.

When purchasing an aircraft, you want to be sure you’re getting a fair or current market price. You’d also like to be confident that the seller is being candid about their valuation; you don’t want to find out after the fact that you could have paid far less than the aircraft was worth.

For many people, the thought of acquiring one’s very own private aircraft is an alluring but distant dream.

Like any mechanical piece of equipment, business aircraft must undergo routine maintenance in order to ensure proper operation and airworthiness.

Businesses that own private aircraft (or, in some cases, a fleet of aircraft) find themselves faced with two options when deciding how best to manage their assets: Either hire a management company to take over operations or establish their own in-house flight department.