One thing Americans dream of is owning an aircraft. In the past, owning and maintaining aircraft was a costly affair. So many people gave up their dream. However, with an increase in the disposable income of Americans and changes in the American tax regime, it has become affordable. To ensure safety and security, the Federal…
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Aircraft FAA Renewal: How to Get It Done for Your Aircraft?
Airplanes are a luxury commodity. However, as some Americans become richer, affording them has been made easier than it used to be. Looking at the ever-increasing trend, the Federal Aviation Administration (FAA) has developed a well-structured legal framework to regulate buying, selling, possessing, and operating aircraft in the US. If you are new to owning…
What Is an Aircraft Bill of Sale Form & Why Is It Necessary?
When it comes to any asset, buying and selling are essential activities associated with it. Buying and selling aircraft may sound simple, but many important documents need to be prepared to avoid legal complications. One such document is the aircraft bill of sale form. Owning an aircraft has become a new trend in the United…
Airworthiness Certificate: Everything You Need to Know
As the disposable income of Americans has increased, so has their spending on leisure and luxury commodities. One such asset which has become extremely popular amongst Americans is owning an aircraft. According to a
Aircraft Abstract of Title: Is It Vital While Buying an Airplane?
People in the US have found a new interest. Buying an aircraft has become a new hobby for the people in the US. As per a 2020 survey, it was observed that there were 204,980 aircraft in the United States. However, buying a plane is not simple. Many formalities need to be complied with for…
Joining, Consulting, and Accessing the FAA’s Aircraft Tail Numbers Database
Like most identifying numbers, an aircraft’s tail number serves as a good way to file relevant information related to a specific airplane. Let’s go over how to best get this number and how to consult the aircraft tail numbers database if necessary. Tail Numbers What most people know as tail numbers given their placement on…
Filing Form 8050-98 is Key in Order to Submit an Airplane Security Agreement
If you want to use your aircraft or its associated equipment as collateral for a loan, deal, or transaction, you are going to need a security agreement. The main goal of an airplane security agreement is to establish an aircraft and its related equipment as collateral in a specific deal. This official document, which has…
Take a Closer Look at the Two Kinds of FAA Exchange Applications
It can be somewhat annoying or intimidating to have to submit forms to transportation agencies given the bad reputation they have. So, having to deal with the Federal Aviation Administration can be quite a lot, which is why we make it easier for you to submit any sort of forms to the FAA, including those…
When Will You Have to Go Through the Reregister Airplane Application?
Getting the initial registration for your aircraft is going to be the first step. The second step will be to keep it all in order. Now, what this will ultimately entail are a variety of different processes, each of which will address a different component of the overall documentation. For example, in cases of deleted…
Three Situations in Which You Might Need an Official FAA Aircraft Abstract
If you’ve ever needed to get official information in regards to an aircraft, the best way to do so will be to submit a request for an aircraft abstract from the Federal Aviation Administration. This process, which you can easily carry out via our platform, will yield an official document with all the relevant information…