An aircraft trust is an arrangement in which a trustee holds ownership of an aircraft on behalf of an entity or individual, known as the trustor or trust beneficiary. The trustee acts on behalf of the beneficiary, with the aircraft being titled and registered in the trustee’s name. This setup is often referred to as an owner trust, as all benefits and assets of the trust ultimately belong to the true owner. It’s important to note that this structure is FAA-approved, has been in use for over three decades, and is widely recognized within the business aviation industry.