ISBAO is Coming. Are You Ready?
Lapayowker Jet Counsel • July 23, 2009
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.
Mr. Lapayowker appeared on a recent episode of The Pay & Proxy Podcast, titled Corporate Aircraft Use – The Latest Trends & IRS Audit Plans. With the Wall Street Journal highlighting a significant increase in personal use of corporate aircraft in recent years, and the IRS initiating an “aircraft audit” program to scrutinize whether companies…
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An offer to purchase an aircraft customarily includes a variety of terms, chief among them the purchase price that the buyer will pay and a list of technical delivery conditions (inspections current, airworthiness directives complied with, complete records, etc.). During the pre-purchase inspection, the inspection facility performs an independent evaluation of the aircraft and issues…
The post Delivery Conditions: Fundamental Assumptions that an Aircraft Buyer Assumes When Agreeing on Price first appeared on Lapayowker Jet Counsel.
