If you are an avid reader of aviation trade magazines, as I am, you have probably read the ads in several of the aviation magazines suggesting that aircraft buyers should “incorporate in Delaware” etc. But what does it mean to form a corporation, or limited liability company for that matter, to own an aircraft? Does this make sense? For a discussion of this topic and the answers to these questions, please read my latest article on the topic here.
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Choosing An Entity For Aircraft Ownership
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Greg Reigel
Greg has more than two decades of experience working with airlines, charter companies, fixed base operators, airports, repair stations, pilots, mechanics, and other aviation businesses in aircraft purchase and sale transactions, regulatory compliance including hazmat and drug and alcohol testing, contract negotiation, airport grant assurances, airport leasing, aircraft related agreements, wet leasing, dry leasing, FAA certificate and civil penalty actions and general aviation and business law matters.
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