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In our continuing insurance series, you have now selected an aviation insurance broker, determined what liability limit is needed and set the insured value of your aircraft at the appropriate level. However, there is still very important work to be done.

When it comes to insurance, one detail that can be tough to determine, but is fundamental to your overall protection program is coverage limits. In short, how much coverage is enough? The best way to approach this question is by exploring three key areas: Hull, liability, and ancillary coverage.

Maybe you have been in a similar situation: Your company is profitable, growing and frequently charters aircraft to meet the business transportation needs of the company’s executives. You have determined that your company requires the use of a corporate aircraft frequently enough to justify the purchase of a corporate aircraft. Of course, a corporate aircraft is a high value asset, and operating a corporate aircraft creates a potential for extensive liability exposure. You therefore conduct due di

Welcome back for ‘Part Two’ of my article published last month, tackling the issue of ‘Staffing and Managing Your Own Flight Department.’ Last month’s article was specifically meant for CEOs, Presidents and the like, and I tried to keep the jargon of the aviation industry to an absolute minimum.

Within most of the material that has been written about the set-up of a new corporate (or even personal) flight department, the information is geared towards the needs and concerns of the Chief Pilot, Director of Aviation or Human Resources Department.

Let’s face it, acquiring and operating a business aircraft is very expensive. It can also be a highly emotional event. All too often, an executive who would never consider acquiring a company or a commercial property without first analyzing the deal from all perspectives will nevertheless succumb to the allure of a sleek private jet and make an emotional decision to purchase without conducting any detailed acquisition and operations planning.

Cautious optimism is starting to take a hold. After more than a year of stagnation, aircraft sales are recovering. Buyers and sellers are seeing eye-to-eye on prices, and lenders are stepping up with viable terms to help get deals done. This is a good time to (re)consider how you approach a corporate aircraft transaction – from the purchaser’s perspective. Call it Aircraft Purchases 101. The acquisition of an aircraft for corporate or personal use ...

Recent economic news indicates a bottoming-out of the recession, and possibly the start of a recovery. Recent prognostications by Jack Pelton at Cessna and Richard Aboulafia at Teal Group predict aviation to lag the general recovery. Best guesses are for a recovery in late-2010 with a return to sunny skies by 2012. So where does that leave future aircraft values?A current snapshot shows 15% of the active fixed wing ...