Tuesday, February 17, 2009

What about battleship grey?

Would it help public opinion about business aviation if business aircraft were outfitted differently? If John Q Public took a peak aboard, he'd say "ugh, you guys fly in this thing?" Perhaps one of the completion centers or manufacturers ought to develop the "regular guy" interior, like in the Rodney Dangerfield movie. The entire interior would be shades of grey: grey cloth seatcovers (you know, that really thick material that gets pilly), grey carpet, grey headliner, grey countertops in the galley (of course Corian and not granite) and grey seatbelts. And there would be no shiny surfaces - no brass, polished chrome. Even the seatbelt buckle would be metal like the airlines. Food would be served on grey plastic plates with grey plastic silverware. The flight phone would have a credit card slot in it. Passengers would need to put quarters in the slot to use the toilet. And the finale? Paint business aircraft battleship grey. No more sleek shiny white jets with nice striping. And by the way, change those swept wings -- it may be fuel efficient and aerodynamic, but it just looks too cool. Too much like a fighter jet. Too much like you're having fun and not working. If Rodney Dangerfield were alive he would appreciate this, although he may have preferred plaid.

Just a thought. SHL.

ISBAO is Coming. Are You Ready?

December 6, 2008 - ISBAO is coming. Are you ready? In November 2010, if you'll be flying to the European Union, you'll need ISBAO certification. ISBAO stands for International Standard for Business Aviation Operations. There are currently only about 90 certified operators. If you haven't started the process for certification, you're behind the power curve. Shortly, we'll be adding a web page to our site devoted to ISBAO information and useful resources which will contain links to help you get started. Rumor has it that aviation insurance underwriters are looking carefully at the ISBAO standards as an underwriting factor whether or not the aircraft is anticipated to travel to the EU.


Friday, November 28, 2008

Sale of Corporate Aircraft Not a Good Use of Automaker Shareholder Money:

With Senators blasting the automakers about using corporate aircraft to transport their executives to Senate hearings, it will be interesting to see whether the automakers include the liquidation of their fleets in the economic plans due to Congress on December 4, 2008. The ironic thing about it is that if disposing of their fleets is part of their plans, the aircraft will be sold at tremendous losses in light of the current aircraft sales market resulting in multi-million dollar losses to shareholders. The loss of value to shareholders would likely finance the use of the aircraft for the next several years. The reasons for having corporate aircraft have not changed - executive security, immediate access to senior executives, increased productivity and an ability to reach areas of the country (or the world) not easily reached by commercial carriers. To be pressured into selling into a downward spiraling market in order to obtain government funding seems absurd at best.

Monday, November 17, 2008

Speaking Engagement

Mr. Lapayowker will be speaking at the 16th Annual Aircraft Registry Forum in Naples, Florida on February 9-10, 2009. It's a great opportunity to hear about developments in aircraft registration, financing, and transaction issues.

Thursday, November 6, 2008

Mike, thanks for the well wishes. We are very happy at our new offices at Ft. Lauderdale Executive Airport

Sunday, November 2, 2008

Wheels Up

Welcome to the Aero Law Critic blog, a blog of Stewart H. Lapayowker, P.A. As anyone involved in business aviation knows, the phrase "aviation law" is far too narrow a description for all that goes into a successful aircraft purchase, sale or financing transaction, so the scope of our blog is very broad and we welcome comments in any aviation area including FAA regulations, DOT regulations, federal tax, sales tax, International Registry, purchase and sale transactions, among others. We'll do our best to respond to your questions and comments and we welcome others to do the same in an effort to have a helpful and meaningful dialogue with those in the industry. We'll also use the blog to make you aware of issues in the industry worth noting.

Here's our first question for you: Do you think that accelerated depreciation (or "bonus") depreciation will or should be extended into 2009 if either McCaiin or Obama is elected to office? Will it have any impact on the industry?