Can a corporation organized in Delaware, and which is owned by a U.S. citizen, but has a non-U.S. citizen as its President register a corporate jet in the U.S.?
Can a corporation organized in Delaware, but which is owned by a non-U.S. citizen register a corporate jet in the U.S. in its name?
Can a limited partnership with a corporate general partner register a corporate jet in its name in the U.S.?
The corporate jet will be sold under a lease with an option to purchase. Should the aircraft be registered in the name of the lessor or the lessee?
What happens to the aircraft’s registration if the limited liability company (which met the FAA’s definition of U.S. citizen) which owns the aircraft is converted to a limited partnership with a corporate partner?
- importing and exporting aircraft
- cabotage concerns when flying internationally
- European Union’s NCC requirements
Protect Your Investment with Jetstream
Buying or selling an aircraft can create a legal nightmare for business owners who don’t anticipate the kinds of problems that can arise. You don’t want to wait until a dispute arises about the condition or history of an aircraft, or damage to an aircraft occurs that may or may not be covered by insurance. That is why it’s important that you retain legal representation from an experienced aviation attorney.