Aviation and Aircraft Acquisitions, Sales, and Fractional Ownership Programs
Our attorneys will assist you in all aspects of the purchase and sale of new or used aircraft, including preparing or reviewing and negotiating letters of intent, brokerage agreements, purchase and sale agreements, like-kind exchanges, and other transaction documents and structures. Prior to the transaction, we will advise you on the most advantageous ownership structure and delivery-related issues (including sales tax benefits by relying on a “fly-away” exemption), and on aircraft title registration requirements of the Federal Aviation Administration (FAA), the International Registry, and/or the jurisdiction in which the aircraft is to be based. If you are considering entering or exiting fractional ownership programs, we have significant experience working with the most well-known fractional aircraft ownership companies.