The Asset Insight Podcast Anthony Kioussis

In view of the increased number of first-time aircraft buyers and companies lifting travel restrictions imposed during the COVID pandemic, we asked David, Mayer, a Partner at the law firm of Shackelford, Bowen, McKinley & Norton, to discuss just “who” gets to fly on aircraft operated by a company.
Topics covered include:
Why should companies have an aircraft use policy. The need for a use policy to cover all company aircraft, fractional shares, and charter aircraft. Who decides who may use the company’s aircraft? The Russia sanctions imposed by the US and other nations. How do you ensure an aircraft you are chartering, or an individual chartering your aircraft, is not an entity that is sanctioned? Tax implications associated with personal use of the company aircraft. The aircraft use policy and Federal Aviation Regulations. Disclosure requirements for public companies operating aircraft. Who is usually responsible for administering the company’s aircraft use policy?

Partners In Aviation (PIA) president, Mark Molloy, describes how his company’s Managed Co-Ownership Program matches two owners to one aircraft and pairs them to the appropriate Aircraft Manager. Owners fly their aircraft, on their schedule. However, by cutting acquisition and fixed costs in half, the company contends that its Managed Co-Ownership program provides the lowest net-cost of aircraft ownership while maintaining access comparable to sole-ownership. Topics covered include:
How the company’s Managed Co-Ownership program works and what PIA specifically provides. How PIA’s Managed Co-Ownership program compares with other ownership options. Who is the typical Managed Co-Ownership client, and what are the aircraft size or model options available to them? The costs associated with Managed Co-Ownership. Charter revenue under Managed Co-Ownership.

By all accounts, 2021 was a very active year with respect to aircraft sales. With January 2022 posting an all-time low level of pre-owned inventory, combined with continuing high demand, we asked Jay Mesinger, CEO of Mesinger Jet Sales, to provide his view of the current market. Topics covered include:
The purchase and sale process, and how it has changed. Characteristics surrounding the large number of first-time buyers during 2021. The effect Bonus Depreciation had on 2021 aircraft acquisitions. What is likely to happen to demand during the first half of 2022. Factors that continue to drive sales of aging aircraft.

Emily Deaton, jetAVIVA’s CEO, discusses her company’s view of the current market. Topics covered include:
How is demand appears to be shaping up as we enter 2022. The percentage of first-time buyers during 2021, the type of private transportation mechanism were they using prior to their acquisition, and the primary drivers these entities cited as their reason for acquiring an aircraft. Elements required for achieving a successful transaction in the current market. Why a prospective buyer or seller should seek the services of an experienced aircraft broker. What buyers should do to be prepared to execute an acquisition. Views on 2022 aircraft values. Potential hurdles during 2022 and their effect on the market.

As CEO of Women in Aviation International (“WAI”), Allison McKay discusses the organization’s history, resources, and the value to a membership that exceeds 14,000 women and men. Some of the points covered include:
The size and scope of the organization, its focus, and WAI’s industry involvement. The organization’s Annual International Women in Aviation Conference and what attendees can hope to learn and accomplish by participating. The impressive history of WAI’s scholarship and the opportunities available to both men and women. The opportunity available for young people to learn about all the career possibilities in aviation and aerospace during WAI’s Aviation Day. Opportunities to learn available through the organization’s App, launched during the pandemic. The work being completed by the FAA Women in Aviation Advisory Board.

Shelley A. Svoren, Founder and CEO, Infinite Branches
Shelley Svoren is Founder and CEO of Infinite Branches, a company whose Mission is to ensure that money entities invest in aviation provides sustainable growth. Shelley is also on the board of the International Aviation Womens Association (IAWA) and discusses changes she has witnessed within IAWA, and the aviation industry relative to gender diversity in the workplace.
Topics covered include:
Why companies need business aviation. Global business trends that are starting to influence the aviation industry. Understanding the International Aviation Womens Association (IAWA). Becoming a member of IAWA. Recent organizational changes benefitting IAWA and the aviation industry. Some of the “intangible benefits” IAWA provides its members.