How Do Independent Aviation Consultants Help To Streamline the Aviation Operation

There are a number of challenges an aviation operate has to face during the daily operation. Most of the time, they need certain kind of steps that can rightly streamline the appropriate jet operation. With independent aviation consultants you can easily find the right kind of things that could lead a perfect aviation operation.

There are several ways you can generate revenue with your aircraft. Many aircraft owners will first consider letting their friends use the aircraft in exchange for payment. At first glance this is a quick and easy way to bring in revenue to offset fixed expenses - but be careful. Federal Aviation Administration (FAA) and Internal Revenue Service codes and regulations prohibit providing an aircraft with pilots to a third party for compensation unless you have your own air carrier certificate.

Most non-aviation tax and law professionals don't understand the nuances of aviation regulations, so it's best for you to consult with a tax and legal professional that specializes in aviation to keep from inadvertently violating regulations. Hire the best independent aviation consultants who will assist you to get the appropriate things done properly.

One way you can legally generate revenue with your aircraft is by providing your aircraft to a third party, without fuel or crew, as a dry lease arrangement. Due to FAA commercial regulations, you can only accept payment for the use of the aircraft, and can't provide a flight crew or fuel along with the aircraft. You'll need a written dry lease agreement in place and there could be negative tax consequences, so its best to consult aviation-specific tax and legal professionals before you proceed.

 Be sure your aircraft manager submits the lease agreement to the FAA for acceptance and notifies your insurance provider. Dry leasing your aircraft now places "operational control" into the hands of the lesser while your aircraft is being operated by the third party, who should also consider the liability issues involved. There are also international aviation consultants available who will rightly meet your needs with appropriate manner. 

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