Aviation Legal & Safety | Safe Aircraft Repossession
by William Pass | Dec 6, 2012 | Aviation Safety, Education | Seminars, FAA Safety Team, Legal & Safety
Certainly though, the existence of professional aircraft repossession specialists should serve as a reminder of just how expensive owning and operating even a small general aviation aircraft can be.
When banks hire a company or pilot, they don’t delve too deeply into how the job will be executed. They don't understand all underlying laws and regulations. Their motto: 'Just get the job done!' - And here starts the dilemma:
VLJ, turboprops and many business aircraft are 'repo'ed' by single pilot operators, because chasing smaller stuff—the “tinker toys”—isn’t cost-efficient for a professional operation that keeps as many as 60 people in the field at a time. Many inexperienced pilots now just grab the aircraft and go. Not knowing about status of airworthiness, legal ramifications and just plain in disregard of any safety measure. Defaulted aircraft are not only behind payments, they often lack maintenance and plain TLC - Just a 'grab-and-go' is plain dangerous.
Our two hour workshop gives an insight into the world of repossession: [unordered_list style="arrow"]
- What is a repossession of an aircraft;
- What paperwork do you need to file;
- How to obtain documentation of the asset;
- How to take possession and fly off SAFELY;
- Safe storage;
- Protect against wrongful repossession.
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01/10/2013
05:00 PM - 07:00 PM (17:00 - 19:00)
[ESPRESSO_VENUE event_id="16"]
Price for early birds: Register 14+ days in advance and enjoy a 5% discount (automatically applied at check-out).
Please note: The "Early Bird Discount" requires immediate payment. So please make sure, you complete your registration by paying with the PayPal button!
Limit of 15 participants maximum per course!
This workshop needs a minimum of 6 participants. In case we cannot reach minimum participation we'll notify all participants and refund the course fee 100%.