How you handle your aviation assets, and especially when they are legally placed in service, can have a considerable effect on your finances and your taxes. How can you best structure your aircraft transactions and flight operations to solidify your bonus depreciation position in 2023? Attorneys Dan Feldman and David Shannon of Lewis, Brisbois, Bisgaard […] The post Bonus (Depreciation) Check appeared first on Business Aviation Advisor Magazine ..read more

Commercial airlines have created their own brand of “cancel culture” of late, unable to crew hundreds of Boeing and Airbus aircraft due to the pilot and staff shortage. Curiously, demand for those aircraft only has increased – because if the airlines can’t use them, business aircraft owners can! In fact the median value of these […] The post VVIP – More Room At The Top appeared first on Business Aviation Advisor Magazine ..read more

If there’s been an upside to the last 27 months, it’s that COVID concerns and a drastic reduction of commercial flights shined a spotlight on the unparalleled benefits of corporate aviation. New corporate jet users flooded the marketplace looking for safety, security, flexibility, and productivity.   But for the first time, demand vastly outpaces available […] The post Angry Birds  appeared first on Business Aviation Advisor Magazine ..read more

Imagine a day when you can just fly over jammed traffic, miss the hour commute into the office, and be home in just six minutes. Flying from an outlying regional airport to downtown Boston in a single piston engine Piper Cherokee offers a different perspective on the flexibility offered by air mobility. While there are […] The post Urban Air Mobility  appeared first on Business Aviation Advisor Magazine ..read more

When your aircraft is down for maintenance or you have executives traveling in different directions at the same time, you may have need for supplemental lift. While legality checks, Safety Management Systems (SMS), third-party audits, and data sharing are all key indicators of an operator’s embrace of safety best practices, here are ten specific questions […] The post Ten Steps to Safer Charter appeared first on Business Aviation Advisor Magazine ..read more

Owning an aircraft is an investment in your valuable brand. Protecting your brand’s integrity involves risk management that incorporates Know Your Customer (KYC) due diligence. While this topic is nuanced, understanding it can help ensure that you work with people who share your values.   What is KYC? KYC is a process of due diligence […] The post Dual Due Diligence appeared first on Business Aviation Advisor Magazine ..read more

Do you know exactly what your aircraft insurance policy covers – and what it does not? “Insured” does not always mean “covered.” An insurance policy is simply a contract between a seller (an insurance company) and buyer (you or your company) that defines the product being provided (a policy), the financial consideration for obtaining that […] The post Take Cover! appeared first on Business Aviation Advisor Magazine ..read more

Practical Sustainability Solutions for the Now Just a decade ago, “sustainable flight department” meant one that could justify its existence by increasing the company’s bottom line, or proving a need for the executive travel utility it provided – or a combination thereof.  Today “sustainability” is described as the best method for lowering man-made carbon emissions. […] The post Tips for Going Green appeared first on Business Aviation Advisor Magazine ..read more

More than 80 years ago, Walt Disney Productions popularized the notion of flying elephants with the release of its animated classic Dumbo, a story of a pachyderm that was born different – with oversized ears. Naïve, lonely, easily frightened, but well intended, Dumbo eventually but unexpectedly evolves to be a successful aerial circus performer. The […] The post Dumbo Jets appeared first on Business Aviation Advisor Magazine ..read more

As more passengers are finding alternatives to commercial aviation, the FBO landscape is changing with a flood of mergers and acquisitions. While the names on the buildings may be different, the expectations remain largely the same. And with more and more passengers using FBOs, many are asking: What makes a good FBO? Several factors combine […] The post What Makes a Good FBO? appeared first on Business Aviation Advisor Magazine ..read more