Aviation Trust Company

Aviation Trust Company is a trust company in Oklahoma City, Oklahoma. It provides trust services to the aviation community so that private and corporate aircraft can be registered with the FAA. It says it helps entities and individuals that do not meet the FAA citizenship rules to register on the US registry.

Services

• Owner trust: the beneficiary transfers legal title to Aviation Trust Company, which qualifies as a US citizen. The aircraft is titled and registered in the name of Aviation Trust Company as Owner Trustee, and control is returned to the beneficiary or its chosen operator through an operating or lease agreement.
• Voting trust: at least 75 percent of the shares of a US aircraft-owning corporation or LLC that does not otherwise qualify as a US citizen are placed with Aviation Trust Company.
• Maintaining title and notifying clients of issues that arise

Questions it answers

The site has an FAQ covering what an aircraft trust is, why an aircraft would be put in a trust, who owns the aircraft, whether the owner can still use it and borrow against it, how taxation is affected, and how a trust compares with an LLC. It states the trust is tax-neutral and that the beneficiary can dissolve it or transfer title at any time.

Company facts

• Based at Air Cargo Road, Oklahoma City
• Serves private and corporate aircraft owners, including non-US citizens