Aircrafts

News & Analysis as of

FAA Selects Unmanned Aircraft Systems Test Sites; Regulatory Questions Remain

FAA Action - On December 30, the Federal Aviation Administration (FAA) announced that it has selected six public entities to serve as research and testing sites for unmanned aircraft systems (UAS). In selecting the...more

Export Control Reform Regulations to Become Effective October 15

As described in our April 25, 2013 International Trade & Compliance Advisory, the U.S. government is engaged in a broad export control reform initiative. On October 15, 2013, the first regulatory amendments implementing...more

Training is expendable, until it’s not – PART II

Recently we took time to recall not only why we should listen to what the flight attendant is telling us about the safety features on our aircraft, but also what 2009’s Miracle on the Hudson tells us about corporate...more

A Few Good Questions to Ask When a Customer Seeks Financing for an Aircraft

An eight-seat Pilatus PC-12 turboprop or a six-seat Eclipse 500 jet, both of which were manufactured in 2008, can be purchased for less than $1.5 million. These are just two examples from a fleet of aircraft options available...more

Export Control Reform Series Episode II: The First Change – Reevaluating your ITAR Aircraft Parts

In Episode I: The Basics we noted that U.S. Export Control Reform may be causing confusion and consternation among those who will have to take the first theoretical rule changes and apply them in real and practical...more

Florida Federal Court Orders $137 Million Forfeiture for Investment Fraud and Money Laundering Scheme

The US District Court for the Middle District of Florida recently ordered one participant in a sophisticated investment fraud and money laundering scheme to forfeit $137 million in assets including cash, real property,...more

What's Happening in Business Aviation? May 2013

This edition of the Burns & Levinson Business Aviation Report covers new developments in the following areas of business aviation: • Rentals from leasing aircraft may be subject to the new 3.8 percent tax on net...more

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