On May 19, 2023, Greensboro, North Carolina-based fractional aircraft program operator Jet It ceased all operations of its Honda Jet aircraft. The HondaJet is a light-jet aircraft seating up to six passengers and features a unique design where its engines (developed jointly by Honda and GE) are mounted—not on the fuselage—but on pylons mounted on [...]
When Aero Law Group attorney Cheryl Kringle is not advising the firm on internal legal and business affairs, she is busy serving on the Board of Trustees for Little Bit Therapeutic Riding Center, “a community where horses transform the bodies, minds, and spirits of people with disabilities.” Cheryl became involved with the organization after gaining [...]
More than two million corporations and limited liability companies are created in the United States every year. Only a handful of these entities are subject to public disclosure of details of their activities, either for the protection of investors or as part of regulating particular industries. Concerned that most U.S. states do not require reporting [...]
Recently our firm has reviewed numerous “dry” leases for aircraft which would likely be considered illegal part 135 charter operations, and not part 91 dry leases. Operators which engage in illegal air charter expose themselves to FAA and civil liability, as well as negate their insurance coverage, and expose their air crew to FAA certificate [...]
Many aircraft owners are surprised to learn that their aircraft and associated ownership information is available to the general public, simply for the asking. They are often even more surprised to learn that this information is mined, published and sold through subscription services. In addition, every aircraft now operating in ADS-B Airspace must continually broadcast [...]
The attorneys at Aero Law Group have handled a wide variety of aircraft transactions and have dealt with just about every issue that can occur in the process of acquiring and owning an aircraft. We understand that an aircraft can be an invaluable business tool, but buyers must make careful plans prior to signing a [...]
Pilots that are arrested for suspicion of driving under the influence of alcohol (DUI) need to be extra cautious following the arrest on their next FAA medical certificate application. Unlike many employment applications, the FAA asks pilots whether they have been arrested for driving under the influence. Even if a pilot is later found not [...]
Under the Tax Cuts and Jobs Act of 2017, Congress introduced 100% bonus depreciation for pre-owned aircraft purchased for use in a “trade or business.” (Previously, bonus depreciation was available only for aircraft delivered new from the manufacturer.) The bonus depreciation percentage phases out over several years, decreasing in yearly 20-percentage-point chunks (80%-60%-40%, 20%) before [...]
Most aircraft owners are familiar with the FAA’s 2010 rule requiring aircraft to be re-registered with the FAA’s aircraft registry every three years, but few owners are aware of the extreme consequences for failing to re-register the aircraft prior the registration’s expiration date. The current backlog of work at the FAA’s aircraft registry means that [...]
As an Office Administrator at Aero Law Group, Meredith Clifford wears a lot of hats. First and foremost, she provides legal assistant support to the attorneys along with calendaring meetings; arranging local and international travel; various administrative tasks as well as overseeing the firm’s marketing efforts. At this time of year her main focus is [...]
