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Lane Powell PC - Aviation Law

IRS to Extend 7.5 Percent Federal Excise Tax to Cover Business Aircraft...

If your aircraft is managed by a third party (or potentially by a related entity), or if your company manages aircraft, the IRS’s recent guidance expanding the applicability of federal excise tax will significantly impact your…more

| Administrative Law, Business Organizations, Commercial Law & Contracts,...

FAA Proposes Sweeping New Rule to Address Pilot Fatigue

On September 10, 2010, the Federal Aviation Administration ("FAA") introduced a Notice of Proposed Rulemaking ("NPRM") to address fatigue among commercial pilots by setting new flight time, duty and rest requirements. Please…more

| Personal Injury, Transportation

Washington State Considering New Aircraft Tax

Your aircraft may soon be subject to a new annual Washington State tax based on the aircraft's fair market value. This new tax is part of House Bill 3176, which is scheduled for a public hearing before the House Finance…more

| Commercial Law & Contracts, Elections & Politics, Taxation

FAA Proposes to Change Pilot Training Requirements

On Monday, August 31, the Federal Aviation Administration ("FAA") issued a notice of proposed rulemaking ("NPRM"), proposing to modify numerous pilot training requirements and pilot school certification rules. These changes…more

| Transportation

Is your aircraft lessee sufficiently compensating you for fuel?

Many of our clients entered into lease agreements years ago, when jet fuel prices were a bargain compared to today’s prices. It is increasingly common for jet fuel to cost nearly $8 per gallon across the United States, whereas…more

| Business Organizations, Commercial Law & Contracts, Transportation

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