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Independent Contractor Pilots: Should You Jump On The Bandwagon?

Many aircraft operators hire their pilots as “independent contractors” instead of as employees. This may save on administrative costs, but is there a downside? In short: yes. Most pilots are not properly classified as independent contractors. Although treating pilots as independent contractors is common practice in the aviation industry, recent revenue shortages have triggered government [...]

By |2017-07-20T07:27:17-07:00February 6th, 2014|Articles|0 Comments

Warning: Use Caution With 50% Bonus Depreciation on Aircraft

Many aircraft manufacturers and brokers are now urging potential customers to sign contracts for or take delivery of newly manufactured aircraft before December 31, 2012, in order to take advantage of additional first-year tax depreciation—popularly known as “50% bonus depreciation.”  However, before jumping in and signing a letter of intent or purchase agreement, potential aircraft [...]

By |2017-07-20T07:27:17-07:00October 26th, 2012|Articles|Comments Off on Warning: Use Caution With 50% Bonus Depreciation on Aircraft

IRS Releases Final Regulations on Aircraft Used for Personal Entertainment

On August 1, 2012, the Internal Revenue Service published final regulations on disallowance of deductions for personal entertainment use of business aircraft by so-called “specified individuals.”  Click here to download a copy of the final regulations as published in the Federal Register.  The final regulations are effective for tax years beginning after August 2, 2012.  [...]

By |2017-07-20T07:25:43-07:00October 23rd, 2012|Articles|0 Comments

Emerging Growth

Aero Law Group attorneys’ experience in Aviation, Venture Equity and Debt Financings and Emerging Growth Company representation makes the Aero Law Group the logical choice among participants in the Internet B2B marketplace for aviation related goods and services.

By |2017-07-20T07:24:17-07:00April 30th, 2010|Articles|0 Comments

Corporate Aviation

The economic changes of the past decade have generated a corresponding need for safe, efficient and productive business air travel. Acting on this need, our clients, leading entrepreneurs, venture capitalists, investment bankers, financial and research institutions and technology based private and public companies, have acquired ownership interests in a variety of corporate and executive aircraft [...]

By |2017-07-20T07:24:17-07:00April 30th, 2010|Articles|0 Comments

Commercial Aviation

Aviation deregulation has resulted in both growth and diversity in the commercial aviation industry. This includes those who are willing to make major financial investments in the industry’s future. Aero Law Group clients include both emerging and established commercial airlines and the nation’s largest investment bankers in their aircraft, airline and Internet travel related investments. [...]

By |2017-07-20T07:24:17-07:00April 30th, 2010|Articles|0 Comments

Five New Additions to Cape Town Treaty

March, 2009 — Planned on April 1, 2009 four new countries will accede to the Cape Town Convention. Included are Cuba, Kazakhstan, Singapore and Tanzania. As of June 1, 2009 China will also add itself to the treaty. For more information please visit our Cape Town Information Page.

By |2017-07-20T07:24:18-07:00March 8th, 2009|Articles|0 Comments