Everyone seems to talk about risk management in their businesses and even their personal lives. But what does risk management mean in the context of business aviation, and what risks matter the most to aircraft owners and operators?
When I talk with prospective and current aircraft owners or operators, they often seem content that liability insurance will cover all their liabilities. Yet navigating through aviation risk management entails a far wider perspective.
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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