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Aerospace Trust Management

FAA owner trustee for international aircraft owners, Delaware

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About Aerospace Trust Management

Aerospace Trust Management is a US trust company. It helps international aircraft owners set up and maintain FAA N-registration through an owner trust. The company says it has operated since 1988 and has served more than 300 aircraft owners in 31 countries.

US law restricts which people and companies may hold direct title to an FAA registered aircraft. The company explains that international owners can hold FAA registration through a qualified US trustee. It works with non-US citizens and non-US entities, with existing FAA registrants whose trust is expiring or whose registration has lapsed, and with lenders that need a US trust structure for international financing.

The company drafts the trust agreement, which names the client as beneficial owner and the company as US trustee. A lease agreement returns operational control of the aircraft to the client. Under that agreement the client can operate, base, maintain, insure, lease and sell the aircraft.

Registration services include the FAA filing, with AC Form 8050-1 and the title chain. The company also monitors each seven year re-registration cycle and handles the refiling. It says a temporary certificate of registration is typically issued within 3 to 5 business days.

Other services include an FCC aircraft radio station license filing, an FAA owner trustee affidavit, and a US agent address for FAA correspondence. The owner can dissolve the trust at any time, subject to an administrative fee set out on the site.

The company's principals are active pilots and Airframe and Powerplant maintenance specialists. The company says every client works directly with its principals, with no outsourcing.

The company says annual trust fees start from 500 euros, and a full quote is provided before any agreement is signed. The site says it does not accept inquiries from residents of countries covered by US sanctions rules.

Services

  • Trust agreement drafting
  • Lease agreement
  • FAA registration filing
  • Seven-year re-registration monitoring
  • Temporary certificate of registration
  • FCC radio station license filing
  • FAA owner trustee affidavit
  • US agent address for FAA correspondence

Location

1013 Centre Road, Suite 403A, Wilmington, DE 19805, United States

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