Aircraft Acquisition and Operation
Increasingly, companies and individuals are purchasing or leasing aircraft to satisfy their business and personal travel objectives without the traditional limitations on flexibility, availability and productivity associated with commercial carriers. At the same time, changing business and ownership needs have prompted some aircraft owners to sell their aircraft or to exchange their aircraft for ownership interests or aircraft more closely tailored to their needs. The acquisition, sale, ownership and operation of private aircraft generate numerous federal, state and local tax, FAA and contract issues. McDermott Will & Emery has the experience to coordinate all of the complex aspects of purchasing, leasing, operating and selling aircraft.
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