Sunday, March 5

Registration and Opening Reception

5:30 p.m. – 7:30 p.m.


Monday, March 6

Registration

8:00 a.m.

Welcome and Introduction

9:00 a.m. – 9:15 a.m.

Market Intelligence: Making Sense of the Data Points

9:15 a.m. – 9:45 a.m.

Rollie Vincent, JETNET

With certain segments of the business aircraft market experiencing growth while others are still searching for stability, how do you make sense of the often conflicting data points? Using JETNET iQ’s forecast and industry survey data, understand the specific trends and industry outlook that both the new and pre-owned aircraft markets are expected to experience in 2017 and beyond.

New Opportunities in Aircraft Financing

9:45 a.m. – 10:30 a.m.

Ford von Weise, Citi Private Bank (moderator); Dave Labrozzi, Global Jet Capital; Don Walsh, Stonebriar Commercial Finance

Over the last several years a number of “non-bank” lenders have entered the market with new sources of capital and product offerings such as operating leases. How will these new entrants impact the global financing market, and will they provide a source of financing for aircraft transactions that might not be possible using a “traditional” bank lender?

Morning Break

10:30 a.m. – 11:00 a.m.

Aircraft Financing Trends at the Banks

11:00 a.m. – 12:00 p.m.

Eddie Gross, Vedder Price (moderator); Sam Harris, JetLease Capital, Jim Simpson, First Republic Bank; Wayne Starling, PNC Aviation Finance; Ford von Weise, Citi Private Bank

While banks are actively financing a variety of aircraft, the rules have changed dramatically and regulatory/compliance requirements continue to evolve. Learn where large global banks and smaller regionally focused institutions fit in the aircraft lending picture, and strategies for involving a lender in the aircraft transaction process.

Lunch

11:00 a.m. – 12:00 p.m.

Keynote Speaker

1:00 p.m. – 1:30 p.m.

Reggie Govan, Former FAA Chief Counsel (invited)

Breakout Sessions

1:30 p.m. – 2:30 p.m.

Option A:
Federal Tax Issues for Non-Tax Attorneys

E.J. Mitchell, Deloitte

Federal tax planning is a critical element of any aircraft acquisition and having an understanding of the most common challenges and planning strategies will help you avoid pitfalls. Review the available tax depreciation schedules for business aircraft and specific usage tests required. Through scenarios understand how common structures, such as related party leasing, can trigger passive activity losses and other tax challenges.

Option B:
Direct from Oklahoma City: FAA Registry Update

Frank Polk, McAfee & Taft (moderator); Jack Gilchrist, DeBee Gilchrist; Scott McCreary, McAfee & Taft

Complying with FAA registration requirements is a key part of many aircraft transactions, and there are specific timelines and procedures that must be followed for a smooth closing. Obtain best practices for common registry transactions and discuss pitfalls that can lead to stressful or delayed closings. Also learn how new initiatives such as the acceptance of digital signatures are modernizing registry functions.

Afternoon Break

2:30 p.m. – 3:00 p.m.

Regulatory Planning for Challenging Ownership/Operating Structures

3:00 p.m. – 4:00 p.m.

Eileen Gleimer, Crowell & Moring (moderator); Lee Rohde, Essex Aviation; Chris Younger, GKG Law

To create a successful aircraft ownership and operating structure, tax, regulatory and risk management goals must all be balanced. For example, while a special purpose entity owning and operating the aircraft might meet risk management goals, that same structure could violate FAA regulations. Discuss common planning goals, and using scenarios, understand how to develop a compliant structure that best balances competing priorities.

Interactive Q&A with Presenters

4:00 p.m. – 4:30 p.m.

Mike Hoggan, TVPX Trust Services

Using NBAA’s mobile app to submit questions, review the key conference learning objectives and have your questions answered by our expert presenters.

Evening Reception

6:00 p.m. – 7:30 p.m.


Tuesday, March 7

8:00 a.m.

Registration

8:15 a.m. – 9:00 a.m.

Breakfast

9:00 a.m. – 9:10 a.m.

Welcome and Day Two Introduction

9:10 a.m. – 10:10 a.m.

Unmanned Aircraft System (UAS) Update

Greg Cirillo, HCH Legal, LLC; Amanda Ferraro, American Family Insurance; Kathleen Swain, AOPA

The FAA has issued regulations for commercial use of small UAS which allows many businesses to take advantage of the technology. However, there are significant limitations to the rules which must be understood. What are the next steps for UAS operations and how are business aircraft operators integrating these technologies? Learn about both the regulatory landscape and business opportunities so you can be prepared for client and customer questions.

10:10 a.m. – 10:30 a.m.

Morning Break

10:30 a.m. – 11:15 a.m.

Environmental Issues Update for Business Aviation

Bruce Parry, European Business Aviation Association; Cameron Prell, Crowell & Moring

With the recent agreement by the International Civil Aviation Organization (ICAO) on international aviation carbon emissions, a global framework including market based measures will be put in place by 2020. Understand what these measures are likely to mean for business aviation, how the emissions trading market will work in practice and the impact ICAO action has on existing emissions regulations in the European Union.

11:15 a.m. – 12:15 p.m.

International Registry Update

Frank Polk, McAfee & Taft (moderator); Rob Cowan, Aviareto Limited; Denise Daly, A&L Goodbody; Marie Townsend, A&L Goodbody

The Cape Town International Registry has now been ratified by 73 countries and regional economic organizations meaning that it plays a key role in many aircraft transactions. Review recent court cases dealing with the registry and jurisdictional issues. Also learn about new policies dealing with non-consensual liens and how the registry “closing room” functions.

12:15 p.m. – 1:15 p.m.

Lunch

1:15 p.m. – 2:15 p.m.

Best Practices for Export/Import Transactions

Stewart Lapayowker, Lapayowker Jet Counsel; James Meyer, Harper Meyer

With the globalization of business aviation there are significant opportunities around the world and many transactions now involve either the export or import of an aircraft. Create a checklist for international transactions and review the normal flow of a deal, including often challenging customs and registration issues. Prepare for doing business in more “challenging” jurisdictions that are beginning to emerge as potential markets.

2:15 p.m. – 2:30 p.m.

Afternoon Break

2:30 p.m. – 3:30 p.m.

Does My Aviation Insurance Policy Cover That?

Melissa Harder, Willis Towers Watson; Sharon Holahan, Global Aerospace; Ellyn Slow, Ellyn Slow Consulting

Business aircraft owners never plan to use their aviation insurance policy, but claims do occur and having a detailed understanding of coverage and policy terms is critical. Examine denial of coverage scenarios to understand where owners/operators might think there is coverage, but were in fact mistaken. When evaluating insurance policies, make sure to ask the right questions so coverage is in place when you most need it.

3:30 p.m. – 4:00 p.m.

Closing Remarks

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