Do you own your aircraft with a limited liability company (“LLC“)? If the LLCs members and/or guests are flying on the aircraft, are you confident that you have structured your ownership and operation in a way that complies with the regulations? If not, you may want to reevaluate how you are doing things and seek some help to address your situation, and to bring your ownership/operation into compliance. With the FAA’s increased focus on “illegal charter”, “Part 134 1/2 operations”, and “flight department companyies”, improper structuring of aircraft ownership and operation can leave you in a position with lots of explaining to do to the FAA, and that could result in some unpleasant consequences.
Using an LLC to own an aircraft is perfectly legitimate. And the LLCs’ members and guests can use/fly on the aircraft, provided that things are structured the right way. If you would like to learn more on this issue, please read my latest article on the topic: Are You Using A Limited Liability Company To Own An Aircraft And Fly The Company’s Members/Guests? Be Careful.