Aviation

Questions tagged [aircraft-ownership]

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Questions about the aspects involved with owning an aircraft.

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4
votes
3answers
124 views

As a US citizen living in Europe, must I use a trust as the owner of an N-reg aircraft?

I have found lots of information online about European pilots owning and flying N-reg aircraft using trusts set up in the US. I live in Europe, but I'm a US citizen, so must I also set up a trust ...
6
votes
1answer
1k views

Can I legally own and fly fighter jets in the UK?

I’ve seen a similar post, but it applied to America. Could I own and fly a BAE Systems Hawk T1 in the UK? What kind of regulations are there? Obviously it would have to be unweaponised but I was just ...
0
votes
1answer
180 views

Who performs repossessions of airplanes?

When the owner of an aircraft defaults on their loan, their lender can send repo men to take the aircraft back, often against the owner’s will. However, unlike cars, which can be driven by anyone with ...
1
vote
2answers
108 views

How can a plane be cheaply owned by multiple people?

How can multiple owners save on the cost of a plane that sits 1-4 people. If each nonprofessional person contributes equally in money, how would it contracted up to share all the costs are divided ...
6
votes
3answers
1k views

Who is the owner of the world's only private Boeing 787 Dreamliner?

I have just stumbled across this video and I was wondering, if anyone knows who is the owner of this particular airplane (world's only private Boeing 787 Dreamliner)? I mean a man or a company -- an ...
3
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4answers
699 views

How often can I fly my own small plane?

I was wondering about how often can one fly a privately owned plane? Is it somehow like owning a car where you just light up the ignition and just drive away? Obviously, there are a lot of regulations ...
2
votes
1answer
130 views

Is there a required check before selling an airliner?

In France, when selling a car, the last check (more or less a C-check) must has been done within the 6 months before the owner change. Is there an equivalent requirement for airliners? I'm more ...
1
vote
4answers
446 views

When do commercial aircraft tail numbers change?

Each (large, commercial and most other) aircraft has a registration number, painted or stickered on its hull: the tail number. I was under the false impression that tail numbers don't change, and ...
2
votes
1answer
273 views

If an airline purchases an aircraft, do they have to/feel compelled to change the livery?

If an airline purchases a used commercial aircraft, which would be painted in the livery of its previous owner, would the new airline ever be required (by law) to re-paint the aircraft in their own ...
1
vote
0answers
97 views

Where can I find the ownership of a specific aircraft registered in the UAE?

Is there a website where I can find the ownership of a specific aircraft - or in my case a specific corporate jet - registered in the UAE? I am conducting some research on corporate jets and need some ...
0
votes
1answer
390 views

On acquiring an aircraft for my own PPL training and later use [closed]

I know that this matter has already been discussed in several other questions but the aircraft under consideration were almost exclusively Piper Warriors or a Cessna 172s which are 40 year old designs ...
6
votes
1answer
232 views

At what age does a regularly maintained airframe most commonly start needing frequent repairs?

I am looking to buy a Cessna 182. I am trying to work out the sweet spot between age and price. I am looking for a plane that will be really reliable. I am looking to spend several months flying ...
7
votes
1answer
254 views

Is AD compliance ever physically verified when maintaining an aircraft?

As we all know around here, national aviation authorities put out Airworthiness Directives mandating certain changes be made to aircraft during their service life so that the aircraft can stay ...
12
votes
5answers
4k views

Can an aircraft owner legally replace an oil quick drain valve?

The quick drain valve on our older Mooney has started leaking and making a bit of a mess. We went to our local shop to asked them to schedule to replace it for us and they told us they are booked out ...
2
votes
1answer
1k views

How much does it cost to fly a plane? INCLUDING lessons, and everything else [closed]

It seems very difficult to find this information on any legitimate sites, so I'm going to ask here. I know nothing about flying, and this wouldn't happen for years to come, but I am curious. Let's ...
38
votes
3answers
5k views

How can a large passenger aircraft's owner remain unknown?

I'm reading through TheStar's "Malaysia Airports seeks owner of three Boeing 747s abandoned at KLIA" article and I can't stop wondering, why I don't understand it or how should I understand it? How ...
21
votes
4answers
74k views

Can civilians buy military aircraft?

Say one wanted to buy a retired F-14, or F-5, or a BAE Hawk. Could I do it? Obviously this would mean stripping out radars, weapons, rwr, and any other sensitive equipment, but after this, would it ...
4
votes
0answers
199 views

Sell 1/4 share or buy 3/4 share and leaseback? [closed]

I currently own a 1/4 share of an Archer, but due to relocating I have put it up for sale and was planning to find another partnership once its sold. It's been on the market for about 3 months and ...
8
votes
4answers
754 views

How do I select an aircraft mechanic?

So Uncle Bob just died and left me 3.14 million dollas. Or else I hit the lottery, or what have you. Whatever the case may be, I've decided that today is the day I buy myself an airplane. Harrison ...
17
votes
2answers
9k views

What are common downsides to leasing an aircraft to a flying club?

I plan on owning my own plane in the coming years and using it to get my PPL. I've recently been turned on to leaseback with flying clubs. The pros seem to heavily outweigh the cons, but I always ...
12
votes
6answers
37k views

In what cases does it make sense to buy a plane before you begin pilot training?

I'm halfway through a 10-year plan to pay for pilot training and buy my own plane (or a share of one). When I was introduced to flying by a friend, he said if he had the chance to do it over again, ...
14
votes
1answer
1k views

What are the legal requirements for me to purchase an airplane that I will provide instruction in?

I'm planning on getting my CFI certificate and I would like to purchase a Cessna 172 to rent to students and provide instruction in. What are the legal requirements for me to do so? Are there ...
10
votes
1answer
7k views

Do aircraft owners need to purchase insurance?

As far as I know, most (or all) airplane owners purchase insurance that covers liability, if nothing else. Good idea or not, is aircraft insurance legally required in the US, in the way that ...
35
votes
2answers
11k views

How often should an engine be run, to stay mechanically sound?

It's winter time and many light aircraft are sitting idle. This can be detrimental to an engine's health. What is a good rule of thumb for how often a piston engine should be exercised, and for how ...
11
votes
1answer
505 views

When sharing an airplane, what liability does the owner bear?

What liabilities apply to the owner of an aircraft who allows other pilots to use his aircraft for not-for-profit and non-commercial use? Example: An aircraft owner has a friend that wants to use ...
18
votes
2answers
370 views

Partial ownership: are there any pitfalls to owning the plane through a shell company?

I'm currently saving money for a plane and training, and the expectations are that I won't have the money for full ownership of much else north of a Cessna 150. I'm investigating partial ownership ...
29
votes
3answers
4k views

What are the typical facets of ownership costs, for a single engine aircraft?

It's easy to go online and look at prices of a Cessna 172, but what are some examples of how to break down the real world costs of ownership? How much other maintenance should you plan for? How much ...