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Greenebaum Helps Russian Airline Purchase Seven Aircraft

Greenebaum Doll & McDonald PLLC recently helped a start up Russian airline purchase seven aircraft (Embraer EMB-120s), which allowed for expanding air service in the far reaching areas of Eastern Russia for the first time in more than ten years. 

Not only did Greenebaum perform the pre-purchase due diligence and analyze the tax effects of the purchase, the firm also advised the client on numerous Federal Aviation Administration issues concerning the operations of foreign-owned aircraft, as well as advised to the proper operations for an N-registered aircraft in Russian airspace. 

A recent article that appeared in Airliner World magazine describes the significance this transaction has had on the Russian aviation industry and citizens of Eastern Russia.

Greenebaum's Aviation Services Team has a wealth of experience in handling a variety of aviation-related matters, including the various tax, legal, and regulatory aspects of aircraft ownership and operation.  If your company is contemplating the purchase of aircraft or you have questions, please contact an attorney, Greenebaum’s Aviation Services Team Chair.

 


Even though the content of the above Greenebaum Doll & McDonald e-bulletin is primarily informative, state and federal law obligates us to inform you that this is an advertisement. You have received this advisory because you are a client or friend of the firm.

As a result of perceived abuses, the U.S. Department of the Treasury recently has promulgated Regulations for practice before the Internal Revenue Service. These Circular 230 Regulations require all attorneys and accountants to provide extensive disclosure when providing certain written tax communications to clients. In order to comply with our obligations under these Regulations, we would like to inform you that, because this communication does not contain all of such disclosure, you may not rely on any tax advice contained in this communication to avoid tax penalties, nor may any portion of this communication be referred to in any marketing or promotional materials.

About Greenebaum Doll & McDonald PLLC
Greenebaum Doll & McDonald PLLC is a widely-respected business law firm with approximately 200 legal professionals in six offices, serving local, national and international clients in virtually every industry. A forward-thinking business law firm, Greenebaum is committed to the practice of Breakthrough Law®. 

Copyright 2009 Greenebaum Doll & McDonald PLLC.  All Rights Reserved.

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