Owning a private aircraft opens endless opportunities within the realm of travel and business. A very important question one might ask is what category aircraft one must purchase to accommodate their needs, a light cabin aircraft or a mid size cabin aircraft. Many would believe that a light cabin aircraft would accommodate the average passenger. However, with limited movement and short flight time, mid-size cabin aircraft may be the way to go. These aircraft provide greater comfort and significantly more freedom for nonstop flights.
Blog: Jet Ownership
When considering the purchase of an aircraft, most would assume the number of hours flown throughout a given year should be the deciding factor. However, aircraft ownership should be dependent on the particular use of the aircraft. Commercial travel is very strenuous and as time goes on, people tend to avoid the inconvenience of commercial flight. Not only […]
As of December of 2017, the Tax Cut and Job Act was officially signed. This is the first tax reform in over 30 years, and has drastically impacted the aviation industry. A significant impact of this new tax bill allows owners of new and used aircraft to depreciate 100% of the aircraft’s value in one […]