Many first-time and experienced aircraft buyers have entered the market to purchase a private jet and travel far away from commercial airports. But the aircraft they plan to fly may be no more than an expensive paperweight until the right management organization helps the owners get their aircraft safely off the ground.
Since Covid-19 disrupted air travel in 2020, the demand of first-time and repeat aircraft purchasers of whole and fractional aircraft has climbed sharply and reduced the available inventory of aircraft to historical lows. At the same time, Part 135 operators have experienced a burst in demand for chartering, creating significant pressure to provide services to customers beyond the operator's normal capacity. The stress makes the careful selection of a management company more important than ever before.
David G. Mayer is a member of the global Aviation Practice Group at Shackelford, McKinley & Norton in Dallas, which handles private aircraft matters, including regulatory compliance, tax planning, purchases, sales, leasing and financing, risk management, insurance, aircraft management and operations, hangar leasing, and related corporate work. Mayer frequently represents corporations and high- and ultra-high-net worth individuals and other aircraft owners, flight departments, lessees, borrowers, operators, sellers, purchasers, corporations and managers, as well as lessors and lenders. He can be contacted at [email protected].
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