What is an Aircraft “Dry” Lease Anyway? The Growing Concerns About (and FAA Enforcement Against)  Improper Aircraft Dry Leasing and Other Illegal Charter Operations We have an incredibly safe air transportation system in the United States, but owning and operating an aircraft…

When asked what had been keeping him busy re-cently, an attorney in theFederal Aviation Administration’s(FAA) regional counsel’s office replied: ‘inappropriate cost sharing for flights.’ He noted that they would occasionally see—especially during times of economic stress—an increase in operators trying to mitigate…