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FAA registry · updated October 5, 2026

Aircraft owner trusts: who holds title to US business jets

2,894 US business jets and turboprops are registered to a trustee. Two Utah companies hold most of them: TVPX (1,192) and Bank of Utah (561).

  • Registered to a trustee2,89410.9% of business aircraft
  • Largest trusteeTVPX1,192 aircraft
  • Two largest together61%TVPX and Bank of Utah
  • Companies acting as trustee208for at least one aircraft
Download CSV15 trust companies Cite this Embed the chart

THE TRUSTEES

Two companies hold 61% of trust-registered business aircraft

208 companies act as trustee for at least one US business aircraft, but the work is concentrated. TVPX and Bank of Utah, both in Utah, hold 1,753 aircraft between them. The 15 companies below hold 2,249.

The trust companies that hold the most US business aircraft 2,894 aircraft are registered in a trustee's name. Companies acting as trustee hold 2,689 of them. The 15 largest are shown.
  • TVPXMostly Utah addresses 1,192
  • Bank of UtahMostly Utah addresses 561
  • Wilmington TrustMostly Delaware addresses 129
  • CSC Delaware Trust CompanyMostly Delaware addresses 64
  • ValiairMostly Wyoming addresses 37
  • Aircraft Guaranty CorporationMostly Oklahoma addresses 36
  • International Air Services IncMostly Nevada addresses 32
  • Sky West Aviation IncMostly New Mexico addresses 29
  • Aircraft Holding Solutions LLCMostly Delaware addresses 29
  • Adams Aviation Services IncMostly Delaware addresses 28
  • Kenmore Crew Leasing IncMostly Washington addresses 26
  • Southern Aircraft Consultancy IncMostly Wyoming addresses 24
  • Aircraft Trust & Financing CorpMostly Delaware addresses 22
  • Montana Aircraft Trust IncMostly Montana addresses 20
  • Aviation Trust Company LLCMostly Oklahoma addresses 20

208 companies act as trustee for at least one aircraft. People acting as trustee (187 aircraft) are counted and never named.

Source: FAA Releasable Aircraft Database, file of October 5, 2026. Counted by Radar.

Cite this
Title
The trust companies that hold the most US business aircraft
Data as of
October 5, 2026
URL
https://www.useradar.com/research/data/aircraft-owner-trusts#trustees

Suggested citation

Radar (2026). "The trust companies that hold the most US business aircraft." In Aircraft owner trusts: who holds title to US business jets. FAA registry data as of October 5, 2026. https://www.useradar.com/research/data/aircraft-owner-trusts#trustees
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Companies acting as trustee for US business jets and turboprops, FAA file of October 5, 2026
#TrusteeAircraftBusiness jetsTurbopropsMost common state
1TVPX1,1921,002190Utah
2Bank of Utah561444117Utah
3Wilmington Trust12910623Delaware
4CSC Delaware Trust Company645212Delaware
5Valiair371819Wyoming
6Aircraft Guaranty Corporation361620Oklahoma
7International Air Services Inc32923Nevada
8Sky West Aviation Inc29227New Mexico
9Aircraft Holding Solutions LLC29263Delaware
10Adams Aviation Services Inc28199Delaware
11Kenmore Crew Leasing Inc26215Washington
12Southern Aircraft Consultancy Inc24618Wyoming
13Aircraft Trust & Financing Corp22139Delaware
14Montana Aircraft Trust Inc20128Montana
15Aviation Trust Company LLC20155Oklahoma

HOW IT WORKS

The trustee is on the register, the owner is not

  • Non-citizen ownersOnly a US citizen or a qualifying resident or company can register an aircraft in the US. An owner trust lets a US trustee hold the registration for a beneficiary who cannot (14 CFR 47.7(c)).
  • Financing and privacyLenders use trusts to hold title to aircraft they finance, and some US owners use them to keep their name off the register.
  • Where trustees areUtah (1,753), Delaware (272), Wyoming (61), Oklahoma (56), counting the largest trustees by their most common state. 1,771 of Utah's 2,154 business aircraft are trust-registered. See business jets by state.
  • People are counted, never named2,689 trust registrations name a company as trustee, 187 a person and 18 a trust with no trustee named. Only the companies appear on this page.

BY MODEL

Trusts favour the biggest jets

12.1% of business jets are trust-registered against 8.4% of turboprops. Long-range jets built to fly between continents lead the list.

  1. Bombardier Global 7500 / 8000 illustrationUltra-long-range jetBombardier Global 7500 / 800043%registered to a trustee55 of 129 on the US registerSee the cabin in 3D: Bombardier Global 7500 / 8000
  2. Gulfstream G650 / G650ER illustrationUltra-long-range jetGulfstream G650 / G650ER42%registered to a trustee157 of 373 on the US registerTour the cabin in 3D: Gulfstream G650 / G650ER
  1. Gulfstream G500 / G550 (GV-SP) illustrationUltra-long-range jetGulfstream G500 / G550 (GV-SP)32%registered to a trustee134 of 416 on the US register
  2. Bombardier Global Express / 5000 / 6000 / 6500 illustrationUltra-long-range jetBombardier Global Express / 5000 / 6000 / 650032%registered to a trustee163 of 515 on the US registerSee the cabin in 3D: Bombardier Global Express / 5000 / 6000 / 6500
  3. Dassault Falcon 7X illustrationLarge-cabin jetDassault Falcon 7X30%registered to a trustee49 of 163 on the US register
  4. Gulfstream G280 illustrationSuper-midsize jetGulfstream G28021%registered to a trustee61 of 289 on the US registerSee the cabin in 3D: Gulfstream G280
  5. Gulfstream G400 / G500 / G600 (GVII) illustrationUltra-long-range jetGulfstream G400 / G500 / G600 (GVII)20%registered to a trustee90 of 453 on the US registerSee the cabin in 3D: Gulfstream G400 / G500 / G600 (GVII)
  6. Gulfstream G350 / G450 (GIV-X) illustrationLarge-cabin jetGulfstream G350 / G450 (GIV-X)19%registered to a trustee47 of 253 on the US registerSee the cabin in 3D: Gulfstream G350 / G450 (GIV-X)
  7. Gulfstream GV illustrationUltra-long-range jetGulfstream GV18%registered to a trustee28 of 153 on the US register
  8. Gulfstream Astra / G100 / G150 illustrationMidsize jetGulfstream Astra / G100 / G15018%registered to a trustee29 of 163 on the US register

Model families with 100 or more US-registered aircraft. Bars run from 0 to 100%.

QUESTIONS

Owner trust questions

What is an aircraft owner trust?

A trust in which a trustee, usually a bank or trust company, holds legal title to an aircraft and appears on the FAA register, while the beneficiary has the use of it. FAA rules (14 CFR 47.7(c)) let an aircraft be registered in a US trustee's name for a beneficiary who could not register it directly, such as a non-US citizen. Owners and lenders also use trusts for financing and privacy.

Who is the largest aircraft trustee in the US?

TVPX, which holds 1,192 US business jets and turboprops as trustee (1,002 jets). Bank of Utah is second with 561. Together they hold 61% of all trust-registered business aircraft (FAA file of October 5, 2026).

Does the FAA register show who is behind an owner trust?

No. The register names the trustee, not the beneficiary. This page counts trustees and never names the people behind them, or people acting as trustee themselves.

Trusts next to LLCs, corporations and registered agents: who owns America’s business jets.

METHOD

How this is counted

  • Trust registrations. A registration counts as a trust when the registrant type is trust or the registrant name says trust or trustee.
  • Trustee names. A trustee is named only when it is an organisation (a bank, trust company or other company). Spellings of one company are folded together, so every TVPX entity counts as TVPX. The CSV lists every company with 10 or more aircraft, up to the 15 largest.
  • State. The most common mailing-address state of each trustee’s registrations.

Source: FAA Releasable Aircraft Database, file of October 5, 2026, recounted with each site update. Aggregates and company names only: no N-number, serial number or person’s name. Counts of individually owned or co-owned aircraft under five are shown as “<5”. The full rules are in the ownership report’s method and on the open data page.