Review the schedule for the 2020 NBAA’s Business Aircraft Finance, Registration and Legal Conference, taking place March 22-24, 2020 in Amelia Island, FL. All events, unless otherwise noted, will take place in the Talbot A-D Ballroom at The Ritz-Carlton, Amelia Island.

Sunday  |  Monday |  Tuesday 

Sunday, March 22, 2020

5:30 p.m. – 7:30 p.m.

Conference Registration

Location: Talbot Foyer

5:30 p.m. – 7:30 p.m.

Opening Reception

Location: Courtyard

Monday, March 23, 2020

8:00 a.m. – 5:00 p.m.

Conference Registration

Location: Talbot Foyer

8:00 a.m. – 8:45 a.m.

Breakfast

Location: Talbot Foyer
Breakfast is included in the conference registration fee.

9:00 a.m. – 9:10 a.m.

Conference Welcome

Presenter: Peter Korns, NBAA

9:10 a.m. – 9:20 a.m.

Conference Introduction

Presenters: Eileen Gleimer, Crowell & Moring LLP; Scott McCreary, McAfee & Taft; Jim Simpson, First Republic

9:20 a.m. – 10:10 a.m.

Business Aircraft Market Update

Presenter: Rollie Vincent, Rolland Vincent Associates
A data-focused overview of the state of the business aircraft marketplace, with a focus on key developments and the near-term outlook for new and pre-owned aircraft sales. With heightened volatility associated with a U.S. presidential election year and amidst ongoing international trade tensions, we will examine a variety of indicators to provide historical context while focusing on useful takeaways for participants regarding the state of the market in 2020 and 2021 in particular. Attendees will benefit from some of the latest business aviation market intelligence, including voices of the customer insights from JETNET iQ’s quarterly surveys of business aircraft owners and operators.

10:10 a.m. – 10:40 a.m.

Morning Break

Location: Talbot Foyer
Morning refreshments, including coffee and tea, are included in the conference registration fee.

10:40 a.m. – 11:40 a.m.

Do You Know What You’re Buying Into? The New Owner Market

Presenters: Joe Carfagna, Leading Edge Aviation Solutions LLC; Sean Lancaster, Bristol Associates Inc.

This presentation will address today’s aircraft owner market, including pros and cons to buying, renting or chartering and aircraft. We will outline all the financial commitments necessary for owning and operating a high-value asset, inducing the challenges of aircraft ownership and operating out-of-production aircraft.

11:40 a.m. – 12:30 p.m.

Blockchain Technology: Securing Business Aviation Transactions

Presenters: Bruce Marshall, AIC Title Service; Joe Scarci, First Republic Bank
Blockchain technology originated as the system used to power Bitcoin and other cryptocurrencies. As blockchain and it’s processes have evolved and matured, new uses for the technology are continually being developed and implemented. This presentation will explore the issues surrounding blockchain as it relates to business aviation transactions, including: what Blockchain can and can’t do, how Blockchain is being implemented in business aviation as well as other segments of aviation, and how Blockchain can benefit our industry going forward.

12:30 p.m. – 1:45 p.m.

Lunch

Location: Talbot F-H
Lunch is included in the conference registartion.

1:45 p.m. – 2:15 p.m.

Environment & Sustainability: Business Aviation’s Global Footprint

Presenters: Scott Sobel, KGlobal; Nick Guida, Tamarack

Business aviation’s commitment to sustainability can be witnessed across multiple segments of the industry, including evolutions in fuel, engine design and airframe manufacturing. But what about technology? Join us as we highlight the latest in sustainability efforts and explore some new technological achievements that are having a significant impact on reducing our global environmental footprint while saving fuel and even improving the flying experience.

2:15 p.m. – 3:15 p.m.

FAA Registry 101 & Recent Updates

Moderator: Scott McCreary, McAfee & Taft
Presenters: Joel Bulliegh, McAfee & Taft; Jeff Towers, TVPX; Jon Croasmun, Bank of Utah
This panel will provide an update on the FAA Registry, including the status of modernization and the results of ongoing audit of the Registry. We will also explore details of the Global Aircraft Trading System and its application and potential benefits to business aviation.

3:15 p.m. – 3:45 p.m.

Afternoon Break

Location: Talbot Foyer
Afternoon refreshments, including coffee and tea, are included in the conference registration fee.

3:45 p.m. – 4:35 p.m.

101: Legal Operating Structures & Sharing Arrangements Done Correctly

Moderator: Eileen Gleimer, Crowell & Moring LLP
Presenters: Ryan Waguespack, NATA; David Norton, Shackelford, Bowen, McKinley & Norton, LLP; Joanne Barbera, Barbera & Watkins, LLC

Ever heard the phrases “What do you mean I can’t do that? Everyone does it that way!” Or “How can that be commercial? We are only sharing fuel costs!” Business aircraft owners and operators face common challenges under FAA regulations in sharing aircraft use and seeking reimbursement for flights, and the differences between some common industry understandings and what the rules actually require can be significant. Learn how the FAA regulations present opportunities and limitations to structuring aircraft utilization, including a review of Part 91 and 135 allowances and restrictions. We will also introduce you to concepts such as dry leasing, time sharing, interchange, joint ownership, co-ownership and personal use reimbursement arrangements.

4:35 p.m. – 5:25 p.m.

301: Legal Operating Structures & Sharing Arrangements Done Correctly

Moderator: Eileen Gleimer, Crwell & Moring LLP
Presenters: Paul Lange, Law Offices of Paul A. Lange LLC; Jason Maddux, Garofalo Goerlich Hainbach PC

Lawful operating structures are generally pretty easy – if the aircraft is operated under an air carrier certificate with appropriate authority. But what if obtaining an air carrier certificate is neither timely nor pragmatic? This session will discuss lesser known aircraft sharing arrangements available to business aviation users in today’s marketplace, including self-aggregated (crowdsourced) charters, public charters, contract bulk fare transportation, and individually ticketed, scheduled service operated under Part 135. Examples of each option will be examined along with how each complies with DOT and FAA requirements, including actual cases where improper structures caused great harm to those involved.

5:30 p.m. – 7:00 p.m.

Evening Reception

Location: North Beach

Tuesday, March 24, 2020

8:00 a.m. – 5:00 p.m.

Conference Registration

Location: Talbot Foyer

8:00 a.m. – 8:45 a.m.

Breakfast

Location: Talbot Foyer
Breakfast is included in the conference registration fee.

9:00 a.m. – 9:10 a.m.

Welcome Back

Presenter: Peter Korns, NBAA

9:10 a.m. – 10:10 a.m.

Business Aircraft Financing: Who, When & What?

Moderator: Jim Simpson, First Republic
Presenters: Dave Labrozzi, Global Jet Capital; Steve Day, Global Jet Capital; Peter Georgelas, US Bank; Keith Hayes, PNC

This panel of experts from leading lending institutions will discuss the current business aircraft financing landscape, including who’s offering what. Topics will include financing structures and what buyers should consider as they enter into an agreement.

10:10 a.m. – 10:30 a.m.

Morning Break

Location: Talbot Foyer
Morning refreshments, including coffee and tea, are included in the conference registration fee.

10:30 a.m. – 11:20 a.m.

The Business & Tax Case of Bonus Depreciation

Presenters:Chris Younger, GKG Law; Ed Kammerer, Greenberg Traurig, LLP
The availability of 100% “bonus depreciation” on purchases of new and used aircraft is one of the hottest topics in business aviation today, but is it everything it’s usually made out to be? Federal income tax law imposes many material restrictions potentially eliminating the perceived benefits of this 100% expensing deduction. This presentation will decipher the intricacies of claiming 100% bonus depreciation for an aircraft purchase and the various restrictions that may limit a purchaser’s ability to utilize this potentially large business income deduction.

11:20 a.m. – 12:10 p.m.

Appraising Aircraft Appraisals

Moderator: Jim Simpson, First Republic
Presenters: Joe Zulueta, Aeronautical Systems; Bill Quinn, Aviation Management Systems, Inc

This session will help attendees understand aircraft appraisals, including industry accepted standards and best practices, the different types of appraisals an appraiser can perform and how to choose an appropriate appraiser for your needs. We will also discuss what to expect in an appraisal report.

12:10 p.m. – 1:30 p.m.

Lunch

Location: Talbot F-H
Lunch is included in the conference registartion.

1:30 p.m. – 2:30 p.m.

What’s Your Risk Tolerance? The Insurance Marketplace & Determining Proper Coverage

Presenters: Steve Johns, LL Johns; Ellyn Slow, Ellyn Slow Consulting; Frank Turtola, Global Aerospace
Many business aircraft operators today are experiencing insurance premium increases of 20-30%. This session will present the current business aircraft marketplace, including a historical perspective to provide some context on the current landscape. Join us for this unique perspective and to learn about key operational and training practices that can have a positive impact your policy.

2:30 p.m. – 3:00 p.m.

Afternoon Break

Location: Talbot Foyer
Afternoon refreshments, including coffee and tea, are included in the conference registration fee.

3:00 p.m. – 3:45 p.m.

A New Frontier: What’s Possible with Urban Air Mobility?

3:45 p.m. – 4:30 p.m.

Avoiding Regulatory Traps in Cross-Border Aircraft Transactions

Presenters: Tobias Kleitman, TVPx; Jonathan Epstein, Holland & Knight; Adrian Jones, Martin Fiddler Associates Limited, Heather Gordon, Martin Fiddler Associates Limited
Buying and selling aircraft internationally raises unique regulatory risks and requirements that if done improperly can have costly repercussions. The panel will use hypothetical transactions to explain how to comply with export and customs import requirements (and how they differ from registry/airworthiness requirements). Topics will include how to mitigate VAT when importing and export from EU countries and how to properly vet counterparties to avoid dealing with “bad actors.”  Additionally, the panel will provide real world examples and practical work-outs for resolving common conflicts that arise in cross-border transactions.

4:30 p.m. – 4:45 p.m.

Closing Comments

Presenters: Eileen Gleimer, Crowell & Moring LLP; Scott McCreary, McAfee & Taft; Jim Simpson, NAFA

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