Flight training schedules can be disrupted due to aircraft maintenance, rentals to others, and check rides taking priority. Pilots should be prepared for schedule changes and confirm aircraft ...

Private jet owners are cashing in on a supply chain crunch by leasing their engines to people facing long waits for their own aircraft to be repaired.

Aircraft lessor Air Lease, founded by aviation mogul Steven Udvar-Házy, has agreed to a $7.4 billion takeover. The take-private deal is led by group of investors led by Sumitomo Corp and SMBC Aviation ...

Failure to properly document material participation prompts a Tax Court ruling that an aircraft rental activity is passive. The Tax Court held that losses from an aircraft rental activity were passive ...

Pilots must thoroughly check an aircraft's maintenance logbooks to ensure it is legally airworthy, verifying compliance with required inspections and Airworthiness Directives (ADs). Key inspections to ...