Members of the Klenda Austerman LLC aviation law practice group have been actively involved in the aviation industry for almost 30 years, with a particular emphasis in corporate and regional aircraft transactions. This practice area includes the planning, negotiation and documentation of various types of financing and acquisition transactions, including purchases, sales, operating leases, financing leases, synthetic leases, joint ownership and fractional ownership programs, like-kind exchanges, owner-trust arrangements and cross-border transactions. Klenda Austerman LLC represents many domestic and international clients who are key players in the aviation industry, including commercial lenders, aircraft manufacturers, aircraft brokers and dealers, corporate flight departments, private aircraft owners/operators, fixed base operators, air ambulance operators, regional airlines, and aircraft assembly and subassembly manufacturers. While Klenda Austerman LLC has the advantage of being based in the “Air Capital of the World,” its practice is international in scope. In the past 10 years alone, members of the Klenda Austerman LLC aviation team have handled transactions involving more than 60 foreign jurisdictions and have established strong relationships with attorneys in foreign jurisdictions who are also familiar with aviation issues in their respective countries.
As part of its overall business practice, Klenda Austerman LLC also handles all aspects of corporate and business law. Our business attorneys assist in the planning and formation of new business entities by providing timely recommendations and proper documentation for the business structure which most effectively accomplishes each client’s objectives. This planning is particularly important with respect to businesses engaged in the aviation industry, because careful planning of regulatory, tax and insurance issues is crucial to making certain the chosen business entity complies with the myriad of statutes and regulations that are specific to the aviation industry.
Klenda Austerman LLC attorneys keep current on the latest issues in the aviation industry by frequently attending aviation conferences (e.g., NBAA and EBACE) and interactional continuing legal education programs. In addition, members of Klenda Austerman LLC’s aviation law section have presented at a number of national aviation programs.