How can you protect yourself or your employer from the fate of Avantair's program participants? Begin with due diligence. “The structure of Avantair was very unusual in terms of their customer contracts and their capacity to deal with the situation they ultimately wound up in,” said Mike Riegel, president of Aviation IQ, a California-based consultancy. “Their contracts do not guarantee liquidity. All the major providers do. So this is obviously something to look at when considering a ...
THIS CONTENT REQUIRES SUBSCRIPTION ACCESS
You must be a paid subscriber to access "How Can Fractional Ownership Shareholders Protect Themselves From This?".
Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.
Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.