News

On Jan. 20, 1964, the original Beechcraft King Air Model 90 lifted off from Beech Field in Wichita. Now, 40 years later, parent Raytheon Aircraft is preparing to commemorate the lineage with a special, 40th anniversary edition. That aircraft, a King Air 350 — serial number FL 400, registered as N40TH — will receive a […]

Since then, one of the most-used tax benefits is the so-called “bonus depreciation” incentive that helps a taxpayer recover investment costs more quickly than before. That tax provision was enacted by the Jobs and Growth Tax Relief Reconciliation Act of 2003 last May and allows companies to depreciate an additional 50 percent of their new […]

From Doldrums To Depreciation… Buying and owning an aircraft is anything but an inexpensive proposition, even if its use is strictly for business and therefore, totally deductible. But the benefits from aircraft ownership accruing to a company as a result of its employees’ increased productivity, privacy and security — especially in recent years, as airline […]

The bottom line, for now, is that you can’t bring a BBJ — or a heavier aircraft — into TEB. Whether the political pendulum will swing back in the direction of reversing or diluting this ban is something else again. One thing for sure, however, is that Congress’ recent action to approve Rep. Rothman’s amendment […]

In addition to the immediate effect — banning the BBJ from one of business aviation’s most popular airports — the new federal law will act to supersede a policy statement the FAA proposed on July 1, 2003, before it even goes into effect. The proposed policy sought to allow operations of aircraft heavier than an […]

Rep. Rothman Gets His Way… When is a Boeing 737 not a Boeing 737? When its a Boeing Business Jet (BBJ), of course. Boeings uber-bizjet has long been the subject of both envy and scorn — and not a small amount of controversy — because of its size. Yet that size, which means much more […]

If your company is planning to fly the boss or a party of favorites to the Feb. 1, 2004, Super Bowl game in Houston, be aware that not only will you have to deal with a Special Traffic Management Program (STMP), but you’ll also be dealing with a security-based Temporary Flight Restriction. The STMP itself […]

Now that Chicago’s lakefront Meigs Field is closed, probably forever, are the industry’s warnings of an adverse local impact on air traffic congestion coming true? Although not publicly connected to Meigs’ closure, a study conducted by former FAA official Joseph Del Balzo says plans to expand Chicago O’Hare International Airport would create additional airspace congestion […]