Aircraft
NBAA Releases Business Aircraft Transaction Guide
Resource addresses tax, regulatory, transactional considerations for acquisitions
Business people shake hands in the cabin of a business jet
NBAA issued a members-only guide on aircraft transactions, walking operators through preliminary considerations to post-closing preparation. © Pexels | Photo by RDNE Stock project

NBAA has published an aircraft transactions guide covering tax, regulatory, and other considerations when buying or selling business aircraft. The guide walks people through preliminary considerations, contract and title concerns, closing process planning, and post-closing preparation.

It addresses assembling acquisition teams, developing ownership and operating structures, managing letters of intent, conducting title and lien searches, navigating aircraft purchase agreements and pre-purchase evaluations, handling registration processes and non-citizen trusts, and meeting post-closing documentation requirements.