- published: 23 Sep 2014
- views: 5560
Aircastle CEO Ron Wainshal explains why the momentum in the airline industry is a great opportunity for his aircraft leasing company. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News on Instagram: http://cnb.cx/InstagramCNBC Aircraft Leasing Flying High | CNBC
Why is leasing so common for aircraft? | Advocate Consulting Legal Group, PLLC | http://www.advocatetax.com/ | Toll Free: 888-325-1942 | email@example.com Leasing is really common for aircraft operations because aircraft are high liability items, and we always want to be very careful about who is in operational control of the aircraft. The FAA tells us that as well, that is, there is different levels of safety regulation on aircraft depending on whether or not the FAA believes that you're trying to sell air transportation services. Leasing vehicles allow us to own the aircraft in a single purpose LLC, and isolate out different operators, so that if one operator when using the aircraft has an incident every other operator may not be implicated because we can clearly find who's in ...
If you are paid to provide a pilot and airplane for the purpose of transporting people or goods, chances are you must operate under part 135 of the Federal Aviation Regulations. 135 operators are held to standards that closely resemble those found in the airlines. These include approved maintenance programs, pilot minimum hours, drug and alcohol testing programs, and a rigorous pilot training requirement. The FAA has outlined other types of commercial operations that do not require a Part 135 certification. These are found in Part 119.1, paragraph "e" and include aerial photography, skydive operations, banner towing, crop dusting and scenic flights among others. While these types of operations all require a commercially rated crew, they do not require all of the particulars of maintaini...
What is a fair market value aircraft lease? | Advocate Consulting Legal Group, PLLC | http://www.advocatetax.com/ | Toll Free: 888-325-1942 | firstname.lastname@example.org Aircraft are commonly leased between companies or individuals in order to comply with FAA regulations. Increasingly, states have been taking a look at whether or not what's being charged for the aircraft lease is a "fair market value" lease. Fair market value for aircraft leasing is just like any other good or service that as you look at what's actually being rented to the party and whether or not they're paying a rate that would be consistent with the third party rate. It can be a little bit tricky with aircraft because generally they're being leased by the flight hour which is the industry standard and they're being leas...
What is a dry lease? | Advocate Consulting Legal Group, PLLC | http://www.advocatetax.com/ | Toll Free: 888-325-1942 | email@example.com The terms "wet" and "dry" for aircraft leases can be a source of confusion. The way most people in the industry use the term "wet" refers to a lease that includes that includes the cost of fuel while "dry" means that the leasee must purchase the fuel themselves. However, the FAA uses wet lease to refer to leasees that include a crew for the aircraft while dry lease refers to just the aircraft as a piece of equipment and the leasee providing the crew. Many FAA publications cover restrictions on wet leasing, and it is important to understand that they mean leases that include a crew, not fuel.
Legendary aviation entrepreneur, Steven Udvar-Házy, who invented the aircraft leasing industry discusses what makes a good leader and a successful entrepreneur, in this exclusive interview at Farnborough International Air Show 2016
KPMG is recognised as a global centre of excellence for the aviation finance and leasing industry and is proud to act as industry partner to the UCD Smurfit Graduate School’s MSc in Aviation Finance. Find out more about a career in the sector in this short video.
http://www.aviaam.com/ AviaAM Leasing is an integrated aviation company engaged in the aircraft leasing and management business. We offer innovative and individually tailored solutions in the field of fleet structuring and aircraft management for airlines, tour operators and aircraft investors. Our primary focus is on the mid-life mainline narrowbody and regional jet aircraft and we work thoroughly to deliver the right aircraft fleet solution for each customer. For more information, visit: http://www.aviaam.com/