Money » Taxes, Laws & Finance

December 1, 2007
Learjet 35A
Since 1963, when William Lear's Model 23 Lear Jet had its first flight, manufacturers have turned out thousands of business jets. Most of them are still flying. They give the lie to many business, accounting and tax assumptions concerning the useful life of business jets.
June 1, 2007
Everyone agrees that age, and the experience that goes with it, are good thin
Alone, in their 50-seat commercial jet, the two young pilots decided to see what [the Bombardier CRJ200] could do," reported The New York Times in an article titled, "Just Before Dying, a Thrill at 41,000 Feet." The article described how the pilots took the aircraft up to its altitude limit of 41,000 feet.
February 1, 2007
Longer loans have led buyers to seek more fixed-rate financing.
The current climate for business aviation financing is not what you might expect. In today's market, you may have to wait three or more years for delivery of a brand-new aircraft. Meanwhile, inventories of many pre-owned models are lower than they've been in several years. With so few aircraft for sale, the financing business must be struggling, right? Wrong.
December 1, 2006
Thinking about making your aircraft available for charitable flights? Before you do, be sure you understand the relevant FAA and IRS rules. If you don't, you might wind up needing almost as much help as the charity.

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Quote/Unquote

“"Not everything can fly. We will not install a swimming pool or a fireplace. That is not possible."”

-Walter Heerdt of Lufthansa Technik