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Aviation News and Articles

GAO Report: FAA Needs to Better Prevent, Detect, and Respond to Fraud and Abuse Risks in Aircraft Registration
GAO Report: FAA Needs to Better Prevent, Detect, and Respond to Fraud and Abuse Risks in Aircraft Registration

Scott McCreary, Vice President at McAfee & Taft, an IADA Verified Member, brings attention to a recent GAO report.

 Today the U.S Government Accountability Office...

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IADA website records $5.4bn of sales though ‘service and protection’
IADA website records $5.4bn of sales though ‘service and protection’

Wayne Starling, IADA's Executive Director, sits down with Alud Davies with Corporate Jet Investor as IADA celebrates AircraftExchange's one year anniversary.The simplest of ideas can often turn out to be the best. Take the International Aircraft Dealers Association’s (IADA) Aircraft Exchange website. Having gone live in February 2019, the website...

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Are You Covered? The Insurance Risks of Illegal Charter
Are You Covered? The Insurance Risks of Illegal Charter

IADA Verified Member, Steve Johns, President of LLJohns Aviation Insurance speaks to aircraft insurance coverage and the risks of illegal charter operations.

You’ve read about the safety and financial risks of illegal charter. (See: “Global Warning,” BAA Jan/Feb 2020) What impact might these activities have on your aircraft insurance coverage?

Generally,...

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2020 Views & News With Lou Seno
2020 Views & News With Lou Seno
IADA Verified Member, Lou Seno, Jet Support System, Inc (JSSI) Chairman Emeritus shares a conversation on the Above and Beyond Podcast, listen below


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Deposits
Deposits

IADA verified member, Adam Meredith, President of AOPA Aviation Finance Company, discusses when a deposit is required and why during your aircraft deal.

Typically, larger airplane transactions require deposits, specifically, deals of a million dollars or more. Why do lenders ask for a deposit? As the old saying goes, “Trust,...

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Why Use An Accredited Aircraft Appraiser?
Why Use An Accredited Aircraft Appraiser?

IADA verified member, Louis Seno, ASA, Chairman Emeritus and Special Advisor to the Jet Support Services, Inc. Board of Directors, discusses why using an accredited aircraft appraiser is best.

Keeping a finger on the pulse of your aircraft’s current valuation is crucial, both for tax and depreciation purposes, and when...

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Hourly Cost Maintenance Programs Offer Unexpected Benefits
Hourly Cost Maintenance Programs Offer Unexpected Benefits

IADA Verified Member, Anthony Kioussis, president of Asset Insight, LLC discusses the unexpected benefits of hourly cost maintenance programs.

As OEMs sought to expand aircraft deliveries to Business and General Aviation (B&GA) during the early ’80s, they encountered two hurdles. One was the perceived, if not real, inability of certain engines...

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Aircraft Insurance Considerations In A Tightening Insurance Market
Aircraft Insurance Considerations In A Tightening Insurance Market

IADA verified products and service member Amanda Applegate, Partner with Aerlex Law Group, discusses what to consider when deciding on aviation insurance coverage.

The recent uptick in insurance claims in the commercial airline world and in general aviation have caused a tightening of the aviation insurance market. As a result,...

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Why 'Pre-Owned' Private Jets Can Be Surprisingly New
Why 'Pre-Owned' Private Jets Can Be Surprisingly New

IADA Member and Accredited Dealer, Chad Anderson, President of Jetcraft, discusses why you should buy a pre-owned aircraft and where to find them.

Pre-owned, vintage, used…from sports cars to designer clothes and beyond, these words don’t usually indicate ‘new’.

But, according to Jetcraft, the world’s leading aircraft sales specialist, pre-owned private...

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Why Does An Aircraft Loan Take Longer Than A Car Loan?
Why Does An Aircraft Loan Take Longer Than A Car Loan?

IADA Member, Adam Meredith, President of AOPA Aviation Finance Company, explains the differences between aircraft loans and car loans.

Most of us have gone through the car buying process and may think buying an aircraft would or should be similar. So, when it takes a day or two to approve...

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Multi-State Aircraft Use Tax: How to Navigate Complexities
Multi-State Aircraft Use Tax: How to Navigate Complexities

IADA Member, Keith Swirsky, President of GKG Law, P.C., discusses how to navigate complexities of multi-state aircraft use tax.

Given the large amount of money involved with the purchase of corporate aircraft, many aircraft owners are rightfully concerned with sales tax and the complementary use tax. GKG Law’s Keith Swirsky...

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Aircraft Insurance Trends Upward
Aircraft Insurance Trends Upward

Competition among underwriters has kept aviation insurance rates low for more than a decade – unsustainably low. That’s why those good times have come to an end, resulting in fewer insurers, tighter underwriting standards, and more scrutiny of pilot experience and training – creating today’s hard market with increased rates.

But...

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ACASS Names Sunil Chahal Sales Director - Asia Pacific
ACASS Names Sunil Chahal Sales Director - Asia Pacific

ACASS Names Sunil Chahal Sales Director – Asia Pacific

Montreal, 15 October 2019 — Montreal-based business aviation support services leader ACASS has named Sunil Chahal as its new Sales Director – Asia Pacific.

Based in Kuala Lumpur, Mr. Chahal brings years of industry experience and regional knowledge to this new...

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OIG Reports on FAA Registry Update - What Does It Mean?
OIG Reports on FAA Registry Update - What Does It Mean?

IADA member, Debbie Mercer-Erwin, President of Wright Brothers Aircraft Title, discusses the OIG, the FAA Registry Update, and what it means for the aviation industry.

The Situation

There are changes ahead that will modernize the Federal Aviation Authority (FAA) – bringing it up to date with the latest technology and security...

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Business Aviation Industry Set To Grow In Size, Scale And Strength Over The Next Five Years
Business Aviation Industry Set To Grow In Size, Scale And Strength Over The Next Five Years

IADA member Chad Anderson, President of Jetcraft, discusses the two major differences between this year's market forecast and those from previous years.

Last month we released our 5-Year New & Pre-Owned Business Aviation Market Forecast – the first report of its kind to take a precise, comparative and quantified look at...

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Used Jet Market Opinion: Chris Brenner, Jetcraft
Used Jet Market Opinion: Chris Brenner, Jetcraft

IADA member, Chris Brenner, Senior Vice President of Sales at Jetcraft, discusses the used jet market.

Whether it's buyer uncertainty or a lack of premium inventory, some analysts have noted a dip in the used jet market in the opening months of 2019. Rebecca Applegarth asks how Jetcraft’s Chris Brenner reads...

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In-Service Aircraft Values & Maintenance Condition
In-Service Aircraft Values & Maintenance Condition

IADA member, Tony Kioussis, President of Asset Insight, shares the latest market analysis.

Asset Insight’s April 30, 2019 market analysis covering 96 fixed-wing models and 1,684 aircraft listed for sale, revealed a 1.7% inventory increase to the tracked fleet. Large Jets experienced the greatest percentage inventory increase (a 4.6% gain),...

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Preparing for an Aircraft Purchase: How to Become the Most Prepared and Qualified Buyer
Preparing for an Aircraft Purchase: How to Become the Most Prepared and Qualified Buyer

IADA member, Amanda Applegate, Partner at Aerlex Law Group, shares tips on how you can become the most prepared and qualified buyer when purchasing an aircraft.

As the supply for quality pre-owned aircraft inventory has begun to shrink (especially in certain large cabin models), I see more buyers devoting time to...

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ETHICAL AIRCRAFT TRANSACTIONS
ETHICAL AIRCRAFT TRANSACTIONS

BRIAN PROCTOR, CHAIRMAN INTERNATIONAL AIRCRAFT DEALERS ASSOCIATIONAs the world’s only accreditation program for aircraft dealers and brokers, the International Aircraft Dealers Association (IADA) was...

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Cryptocurrency in Aviation Escrow Transactions: Is It a Viable Option?
Cryptocurrency in Aviation Escrow Transactions: Is It a Viable Option?
IADA Member, Debbie Mercer-Erwin, explains cryptocurrency and if it is a viable option in aviation escrow.


Cryptocurrency – Bitcoin, Ethereum, Ripple, among others – seems to be...

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