Avoiding Pitfalls When Exporting Aircraft From The United States

Highlights

• The significant increase in aircraft seizures over the last two years and potential enforcement actions by the U.S. Department of Commerce Bureau of Industry and Security (BIS) have highlighted the need to ensure compliance with U.S. export laws.
• Sellers, buyers, brokers and others involved in the sale or lease of aircraft for operations by foreign parties need to cooperate with each other to ensure exports are done properly and in compliance with U.S. export laws, including making an Electronic Export Information (EEI) filing when required in connection with the export of aircraft.

Update: This Holland & Knight alert has been updated on Sept. 25, 2022, with additional information.