Posts by David Norton

What is an Aircraft ‘Dry’ Lease Anyway?

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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…

WHO IS REALLY IN CONTROL?

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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…

The Problem of Illegal Charter in the On-Demand Air Transportation Industry

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Extracted Text — “The Problem of Illegal Charter” Page 1 Aviation Business Journal | 1st Quarter 2018 The Problem of Illegal Charter in the On-Demand Air Transportation Industry Aircraft “Damp” Leasing: Operators Who Use Aircraft “Dry” Leases that Aren’t So Dry and…

Improper Aircraft “Dry” Leasing and Other Illegal Charter

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AMERICAN BAR ASSOCIATION VOLUME 34, NUMBER 2, 2021 Published in The Air & Space Lawyer, Volume 34, Number 2, 2021. © 2021 by the American Bar Association. Reproduced with permission. All rights reserved. This information or any portion thereof may not be…

The (State) Tax Man Cometh

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While it’s tempting to focus only on federal tax issues when buying a personal or business-use aircraft, state taxes need to be considered as well, because many states impose various types of sales, use and property taxes that can be significant. And…

Don’t Put Your Client’s Shiny New Corporate Jet Into A Sole-Asset L.L.C. (Unless You Really Want to Create an Airline)

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Don’t Put Your. Client’s Shiny New Corporate Jet Into A Sole-Asset L.L.C. (Unless You Really Want to Create an Airline) By David T. Norton © 2005 ALL RIGHTS RESERVED As Published in the April, 2002, edition of the Texas Bar Journal You…