As a big-ticket asset promising large potential tax adjustments, a business jet easily captures the attention of IRS auditors. Given the woefully complicated tax rules applicable to these aircraft, who can blame the IRS for seeking additional revenue opportunities in the flight department?
Business Jet Traveler » June 2012
July 17, 2012
Airbus began airline deliveries of its A320 twinjet in 1988. Today, more than 5,000 are in service and another 2,000-plus have been ordered. U.S. carriers flying the model include Delta, US Airways, United and JetBlue. Odds are, you’ve already been on one. Compared with the original Boeing 737, which was designed in the early 1960s, the A320 has a wider and taller cabin and a slicker wing.
July 3, 2012
Perhaps you like the idea of shared aircraft ownership but not the costs and flight-time limitations that accompany a contract with a fractional provider. If so, you may be a candidate for a deal in which two or more private parties agree among themselves to share an aircraft.
July 3, 2012
Flying with your pet? You should start preparing for your trip well in advance to make sure it will be as snarl-free as possible, according to Alison Abramson Hasson, a veterinarian based in New York City and Westchester.
July 3, 2012
Take a 35-year-old American helicopter design and farm out airframe production to the Czech Republic and the stabilator to Turkey. Add a new engine design from Canada and a sophisticated avionics system with key elements from France. Bring all this together for final assembly at a new facility in Pennsylvania. What could go wrong?
A lot, actually.
June 27, 2012
For as long as I can remember, I’ve been a slave to lists. I have to-do lists all over my apartment and all over my desk, and I rarely leave home to run any sort of errand without a list in hand. My current system involves taking a few minutes at the end of each day to reconcile all of my lists with one master list–and then I start over the next morning.
June 27, 2012
After launching a successful high-tech startup–communication equipment manufacturer Shiva Corporation–Dan Schwinn turned his talents to fixing a glaring problem with the utility of small general aviation airplanes.
June 26, 2012
Preowned aircraft prices and financing costs remain at historically low levels, and business jet manufacturers continue to offer incentives to boost sales. That’s changing the access equation for private fliers, leading some to forgo charter, jet cards or fractional shares in favor of buying an aircraft outright.
Quote/Unquote
“You want to make sure with a race in which you'll be flying home with other drivers that you don't crash into them. It's happened before, and it can make for a little bit of a tense situation.”

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