PARK AVENUE JET TRUST LLC
FOREIGN OWNER TRUSTS MADE EASY
Park Avenue Jet Trust is your liaison to accessing the myriad benefits of a US-registered jet or turboprop. We offer bespoke services that place ownership of your new jet or turboprop in an FAA-approved Foreign Owner Trust so that it stays on the US aircraft registry while you own it.
WHY KEEPING YOUR AIRCRAFT ON THE U.S. REGISTRY MAKES SENSE:
- You will have full access to the US market when it comes time to sell your aircraft. Two-thirds of the world’s private aircraft buyers are here in the US, and they don’t like to think about the complexities of importing an aircraft from another country. By having your aircraft already registered in the US, it will be easily available to all such buyers.
- All maintenance will be done to FAA standards, meaning that there are no conversion issues to pop up during a pre-purchase inspection when you sell. FAA qualified mechanics are located throughout the world.
- You will enjoy full rights to operate your aircraft where you please. All you need to do is keep Park Avenue Jet Trust updated on any changes in your contact information.
- You will also enjoy confidentiality of ownership (an online search for the owner of your aircraft by registration number will return the result that the owner is “Park Avenue Jet Trust, Trustee”). In some instances, we can even ask the FAA to keep subsidiary filings, such as operating agreements, confidential from manual searchers.