Money

March 26, 2014
The advantages of bonus depreciation are often over estimated, especially if an aircraft's availability for super-accelerated tax write-offs drives up the price.  (Illustration: John T. Lewis)
To start writing off your newly acquired jet for tax purposes in the U.S. you have to do more than buy it; you have to “place it in service” in your business. In recent years, the availability of “bonus” depreciation has only upped the ante on satisfying this Internal Revenue Service requirement.
March 14, 2014
For some jet models, demand now exceeds supply.
March 5, 2014
Illustration: Fotolia
Business jet finance has settled into a predictable—and more sustainable—groove after the mad scramble of 2007 and the deafening silence of
February 19, 2014
American Express Centurion Card
In exchange for annual fees of up to $7,500, they offer benefits that even ultra-high-net-worth customers are likely to appreciate.
January 22, 2014
It wasn’t until the end of the final quarter of last year that the used business jet market showed clear signs of direction. That’s when inventory moved noticeably lower after peaking at 2,600 in October. Just 60 days later, we were flirting with the 2,500 mark for the first time since the fall of 2008. 
November 26, 2013
Charter pilots typically say they don’t expect tips but always appreciate them.
Bizjet passengers often express confusion about when to give gratuities to pilots and crews. Here’s help. 
November 21, 2013
If an employee travels on the company aircraft for personal purposes, the IRS treats the flight as a perquisite and the employee as a recipient of taxable income.
Calculating the cost of personal use is as complicated as it is important. When an employee takes a personal flight on his company’s aircraft, how do you calculate the trip’s cost or value? The answer depends on who’s asking the question and why.
October 7, 2013
If the lease rate is too low, a state may impute its own rate or perhaps disregard the lease and charge use tax on the full purchase price. (Illustration: John T. Lewis)
Good news: rates are at record lows. Bad news: a rock-bottom rate can trigger trouble.
October 4, 2013
Dassault Falcon 7X
Reduced inventories of several models suggest that, after years of weakness, the used-jet market is finally turning around. Though it’s too soon to start celebrating, we’re seeing more and more signs of a turnaround in the market for used jets.
August 6, 2013
Inventory Trends (click to enlarge)
Overall, jet buyers and sellers seem about evenly matched. But some models are in much greater demand than others. Gazing through the rearview mirror at the first half of 2013, we see that, overall, the number of used jets for sale is neither rising nor contracting. Some models are a different matter, however.

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Quote/Unquote

“When you get into the larger aircraft it becomes like a hotel, with dozens of staff supporting the plane based in a galley area down below. You have very comprehensive cooking facilities, and on larger aircraft we have looked at theatres, with spiral staircases and a Steinway grand piano. The limitations for what you can put inside a plane are pretty much the limits of physics, and even money cannot always overcome that. Even so, people are still always trying to push [the limits]. ”

-Howard Guy of Design Q, a UK-based consultancy