Forrest Owens is a distinguished board-certified aviation law specialist who founded Aviation Legal Counsel in 2017, aiming to provide specialized legal services in the aviation industry. With a solid educational foundation in aviation technology and finance, Owens combines his expertise in corporate and business law with a deep understanding of FAA regulations and international standards. His passion for aviation law, sparked during his early studies and work with turbine engine manufacturers, drives his mission to help clients navigate complex legal landscapes, from aircraft transactions and airmen defense to airport real estate and civil litigation. Owens views his role as a navigator, guiding clients efficiently and effectively through the intricate regulatory environment of the aviation sector to achieve their goals.

Here’s what to expect this episode:

• Aviation Legal Counsel was founded in 2017 by Forrest Owens to provide legal services in aviation law.

• Forrest Owens specializes in aircraft and aviation transactions, airmen defense, airport real estate, land use, and civil litigation.

• Understanding FAA compliance is crucial for pilots, mechanics, and charter companies to ensure safe aircraft operation.

• Acquiring an aircraft involves unique challenges such as maintenance review, inspection, and tax implications.

• Maintenance, management, and misrepresentation are key factors leading to civil litigation in the aviation industry.

• Collaboration between aviation attorneys and CPAs is essential for tax efficiency in aircraft acquisition and operation.

• Consolidation and fractional arrangements in aircraft ownership are increasing due to expertise consolidation and pilot shortages.

Connect with Forrest Owens:

https://www.linkedin.com/in/forrest-owens-16a79123/

Connect with David T. Yu:

https://www.dtywealthplanningsolutions.com/

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