Capitalizing on the TCJA
Jun
6
to Jun 29

Capitalizing on the TCJA

aerlex-logo-4.jpg
 

Capitalizing on the TCJA

AMANDA APPLEGATE

HOW WILL THE TAX CUTS AND JOBS ACT OF 2017 (“TCJA”) AFFECT BUSINESS AVIATION LENDING? AND WHAT DOES THIS MEAN FOR YOU?

While it is too early to speak with any certainty, it appears that there is a strong likelihood of more aircraft financing in 2018, including tax leases, as a result of the TCJA.

  • A surplus of capital/available funds will be created for many corporations by the decreased corporate tax rate. 

  • Bonus depreciation has increased from 50% to 100% on equipment, including aircraft. 

  • Under the TCJA, you will no longer be allowed to defer taxable gain on the sale of aircraft through the use of a like-kind exchange.

  • Lenders offering tax leases expect their lease portfolio to grow. 

Full Article > 

Originally published in Business Aviation Advisor Magazine, May/June 2018.

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Employee Or Independent Contractor Classification Update
Jun
2
to Jun 5

Employee Or Independent Contractor Classification Update

aerlex-logo-4.jpg
 

Employee Or Independent Contractor Classification Update

Douglas L. Stuart- Arelex Law Group

EMPLOYEE OR INDEPENDENT CONTRACTOR UPDATE: A NEW CALIFORNIA RULING FURTHER LIMITS INDEPENDENT CONTRACTOR CLASSIFICATION

In 2015, Aerlex presented a two-part online series entitled “Employee or Independent Contractor?” which examined the question of whether pilots and cabin attendants could be treated as independent contractors rather than employees.

Full Article >

Posted by Aerlex.com on May 3, 2018 in ArticlesThe Latest


 

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2018 Federal Tax Changes Related to Business Aviation
Feb
21
to Mar 11

2018 Federal Tax Changes Related to Business Aviation

aerlex-logo-4.jpg
 

2018 Federal Tax Changes Related to Business Aviation

Originally published in BusinessAir Magazine, January 2018, Volume 28, No. 1.

Amanda Applegate - Arelex Law Group

The Tax Cuts and Jobs Act of 2017 (“TCJA”) contains several significant changes that impact business aviation. Some of the changes are merely clarifications that the aviation industry has sought for years, while the other changes have many people speculating that the modifications will stimulate the sales of both new and pre-owned aircraft for the next  several years.

Read Article Here > http://www.aerlex.com/2018-federal-tax-changes-related-to-business-aviation

Source:: Earlier Event: November 22
REPLACING YOUR AIRCRAFT? 8 FACTORS TO CONSIDER.


 

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ADS-B: AIRCRAFT OWNERS AND PROSPECTIVE OWNERS, LEARN THE ALPHABET!
Jan
2
to Jan 20

ADS-B: AIRCRAFT OWNERS AND PROSPECTIVE OWNERS, LEARN THE ALPHABET!

ADS-B: Aircraft Owners and Prospective Owners, Learn the Alphabet!

— Originally published in BusinessAir Magazine, January 2017, Volume 27, No. 1.

ADS-B stands for Automatic Dependent Surveillance – Broadcast. By January 1, 2020, the majority of aircraft operating within the United States will be required to have ADS-B Out capabilities – and for aircraft registered internationally, some compliance deadlines are even sooner. Aircraft lacking ADS-B Out capabilities after that date will be grounded or severely limited in where and how they can fly – perhaps for months!

Read Article Here >http://www.aerlex.com/ads-b-aircraft-owners-and-prospective-owners-learn-the-alphabet

Source:: Earlier Event: November 22
REPLACING YOUR AIRCRAFT? 8 FACTORS TO CONSIDER.


 

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BUYER BEWARE: PREPAID CHARTER PROGRAMS
Dec
14
to Jan 1

BUYER BEWARE: PREPAID CHARTER PROGRAMS

BUYER BEWARE: PREPAID CHARTER PROGRAMS

Posted by Aerlex.com on Dec 13, 2017 in ArticlesBusinessAir MagazineThe Latest

Amanda Applegate - Arelex Law Group

BUYER BEWARE: Prepaid Charter Programs — Originally published in BusinessAir Magazine, November 2017, Volume 27, No. 11.

"In the past six months, I have had three separate clients with problematic issues related to three separate prepaid charter programs. It is disturbing to have so many concerns in such a short period of time with three different private jet service providers..."

Read Article Here > http://www.aerlex.com/buyer-beware-prepaid-charter-programs

Source:: http://www.aerlex.com/buyer-beware-prepaid-charter-programs

Earlier Event: November 22

REPLACING YOUR AIRCRAFT? 8 FACTORS TO CONSIDER.

 

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REPLACING YOUR AIRCRAFT? 8 FACTORS TO CONSIDER.
Nov
22
1:30 PM13:30

REPLACING YOUR AIRCRAFT? 8 FACTORS TO CONSIDER.

REPLACING YOUR AIRCRAFT? 8 FACTORS TO CONSIDER.

Amanda Applegate - Arelex Law Group

Originally published in BusinessAir Magazine, September 2017, Volume 27, No. 9.

"Many current aircraft owners have decided that 2017 is the year to replace their aircraft. With pre-owned prices and residual values for their current aircraft skewing lower, many owners are upgrading to larger, newer preowned aircraft. When replacing a current aircraft with another aircraft, there are a number of important factors to consider..."

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Message from the U.S. Secret Service
Nov
15
to Nov 21

Message from the U.S. Secret Service

From the USSS Criminal Investigative Division:

The USSS Boston Field Office is currently investigating an organized ring of individuals targeting private jet charter companies. These individuals claim to be promoters/agents/managers in the music industry and use stolen credit cards to book jet charters and luxury rental vehicles across the country. Please contact USSS Special Agent Tyler Martin, Boston Field Office, at 202-809-8570 or 617-565-5640, should any of the following individuals attempt to book a private jet charter using the following contact information:

Possible Names
Brian Hatwood
Brian Atwood
Bryan Hayward
Brian Haywood
Rich O'Malley
Epic Music
Brian Atwood Global Communications
Bill Starkman

Possible Email Addresses
d.williamsonla[@]gmail.com
starkmanbill[@]gmail.com
omalleyauto[@]gmail.com
michaelatl2k17[@]gmail.com
globalbookingsworldwide[@]gmail.com
calboythewildboy[@]gmail.com

Possible Phone Numbers
815-618-1625
917-361-1844
323-347-8253
773-707-9757

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TSA BOLO Alert UPDATE: Suspicious person attempting to gain unauthorized access to aircraft and facilities at primarily Fixed Based Operators (FBOs)
Oct
6
to Oct 20

TSA BOLO Alert UPDATE: Suspicious person attempting to gain unauthorized access to aircraft and facilities at primarily Fixed Based Operators (FBOs)

TSA October 5, 2017 BOLO UPDATE ALERT NOTIFICATION CLICK HERE >

The Transportation Security Administration (TSA), Office of Security Operations (OSO) Compliance Division, is updating the July 10, 2017 BOLO advisory notice based on continued attempts by this individual to access restricted areas and aircraft at multiple airports

TSA is aware of numerous incidents involving a suspicious person attempting to gain unauthorized access to aircraft and facilities at primarily Fixed Based Operators (FBOs).  The individual identified as Ahmed Olasunkahmi SALAU, aka SALAN, SALUH, Martinez Davon Wells has reportedly visited several FBOs falsely presenting himself as either a passenger or crewmember with the intent to gain unauthorized access to aircraft and/or facilities. TSA is also aware that the same individual may have also telephonically contacted FBOs in an attempt to gather passenger and aircraft data.  

As a result, TSA is issuing this BOLO for your security awareness. Contact the TSOC at 877-456-8722 or 703-563-3240 and local law enforcement if you contact or suspect suspicious or fraudulent activity regarding the individual mentioned above.  

UPDATE: Since the original notice is issued on July 10, 2017, TSA is aware of several additional FBO/GA encounters by SALAU. The attachment lists various activities conducted by SALAU.

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TSA BOLO Alert: Suspicious person attempting to gain unauthorized access to aircraft and facilities at primarily Fixed Based Operators (FBOs)
Jul
11
3:30 PM15:30

TSA BOLO Alert: Suspicious person attempting to gain unauthorized access to aircraft and facilities at primarily Fixed Based Operators (FBOs)

The Transportation Security Administration (TSA), Office of Security Operations (OSO) Compliance Division, is issuing this Be-On-The-Lookout (BOLO) advisory notice based on current information.

TSA is aware of numerous incidents involving a suspicious person attempting to gain unauthorized access to aircraft and facilities at primarily Fixed Based Operators (FBOs).  The individual identified as Ahmed O SALAU aka SALAN (see image) has reportedly visited several FBOs falsely presenting himself as either a passenger or crewmember with the intent to gain unauthorized access to aircraft and/or facilities. TSA is also aware that the same individual may have also telephonically contacted FBOs in an attempt to gather passenger and aircraft data.  

TSA 71017 BOLO ALERT NOTIFICATION CLICK HERE >

As a result, TSA is issuing this BOLO for your security awareness.  

Contact the TSOC at 877-456-8722 or 703-563-3240 and local law enforcement if you contact or suspect suspicious or fraudulent activity regarding the individual mentioned above.  

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