News
Aircraft Management Agreements Can Save You Money
by Aviation Legal Group Editor, released on Tuesday October 26, 2004
Aviation Legal Group has just placed a client's recently-purchased Bombardier Challenger 604 with a management company that will provide management servics and reduce the client's cost of ownership by operating the aircraft for charter. This is a very popular mechanism for defraying some of the cost of aircraft ownership, but, if not done properly, can be fraught with pitfalls that could cost the Owner and the Management Company considerably. If you are considering this option, please talk with one of our attorneys who can help you navigate this area successfully.
|
