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Based on the second 737 Max accident we are in the midst of reaction surrounding the tragedy, with a lot of airlines grounding the jet until a confident conclusion is reached: https://www.usatoday.com/story/news/nation/2019/03/12/ethiopian-airlines-plane-crash-faa-joins-probe-over-boeing-737-max-8/3137819002/ Based on some recent comments about the complexity of new aircraft today and the connection of this complexity to accidents like this we…

Generally 70 is the age at which it becomes problematic for insurers to approve new pilots. The industry understanding is that pilots who were covered before they turned 70 will continue to be covered after they turn 70. Non-disclosure of age risks non-coverage! Of course there are always exceptions to the rule, a 70 year…

Perhaps the most important part of your #aircraftinsurance policy is the Pilot Warranty. Make sure all pilots are well aware of the training requirements therein. Depending on the circumstances claims could be denied even if the claim is not related to pilot training.

With the new tax reform there are significant implications for aircraft owners. Here are some of the highlights: – A significant change involves Section 1031 exchanges, they are no longer applicable for aircraft transactions. – A significant advantage is that aircraft can now be depreciated 100% during the first year of purchase. The law be…

The FAA Reauthorization Act of 2018 signed on October 5, provides much needed relief for volunteer pilots. Under the new Act, Section 584 provides liability protection by limiting the amount of recoverable damages to match the policy limits. This applies to flights for “patient and medical transport (including medical transport for veterans), disaster relief, humanitarian…

The pilot shortage is here, and it’s the result of baby-boomers’ retirement and the much lower number of military trained pilots over the past few decades. We believe the pilot shortage is good for aviation: For the first time in a long time, the flight school business is a good business to be in since…