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AviationSullivan & Worcester LLP is one of the relatively few U.S. law firms with a business aviation practice. Our business aviation practice covers a wide variety of skill sets, including the negotiation and documentation of purchase arrangements, the structuring of ownership and operation, aircraft financings, Federal and State tax advice, operation and management strategies, cross-border issues, employment issues, FAA regulatory issues, and dispositions and like-kind exchanges. Our aviation clients represent a wide cross-section of the general aviation community. They include prominent public companies, venture capital and private equity firms, and high net worth individuals. Despite the fact that business aircraft sales have fallen off dramatically since 2007, our practice has been very active. The strengths of our business aviation practice are:
An ever larger portion of our practice involves fractional aircraft programs. We have worked over the years with all the big fractional interest programs (NetJets, Flexjet, CitationShares and Flight Options), as well as with smaller fractional programs such as PlaneSense and Avantair. We have found that many fractional purchasers do not have business aviation expertise to draw on, and are sometimes unaware of the wide variety of aircraft types and pricing options that are available, as well as some of the regulatory and liability issues associated with ownership and operation of aircraft. For these clients especially, our goal is not simply to negotiate the documents and help close the transaction, but also to take as much of the mystery and drama out of the transaction as is possible. Please visit Sullivan & Worcester's Aviation Blog which provides valuable information and promotes an active dialogue on developing issues within the business aviation industry. Practice Profile (PDF) Representative Client Work
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