For the third year in a row, the Rockford (Ill.) Area Aerospace Network (Booth No. 2930) is attending the NBAA Convention to demonstrate the region’s continuing growth as an aviation manufacturing hub.
When President Obama criticized tax breaks for owners of corporate jets during the first debate with contender Mitt Romney on October 3, the reaction from the business aviation community was swift. Obama was referring to the allowable accelerated depreciation for capital goods, which ironically is part of a bill that he signed in 2010, HR 4853, the Tax Relief, Unemployment Insurance and Job Creation Act.
Aerospace Industries Association (AIA) president and CEO Marion Blakey said she jumped out of her chair this week when she heard President Obama say, during the final televised debate between U.S. presidential candidates, that sequestration “will not happen.” She said that the AIA is calling on the Obama Administration and Congress to start
Virtually every industry and profession in America enjoys the backing of an association and its lobbyists. And it doesn’t matter whether those lobbyists represent funeral directors, textile manufacturers, dairy farmers or dental consultants.
NBAA president and CEO Ed Bolen, JSSI chairman Lou Seno and former Cessna chief Jack Pelton separately weighed in on President Obama’s remarks about “corporate jets” during the televised presidential debate last week. “Why wouldn’t we eliminate tax breaks for corporate jets?” Obama asked. “My attitude is if you got a corporate jet, you can probably afford to pay full freight, not get a special break for it.”
While pilots using Chicago Waukegan Airport await news of when the airport’s 6,000-foot Runway 5/23 might be extended to 7,000 feet–a more comfortable length for jet operations–interagency conflicts could ultimately lead to a reduction of the runway’s usable length.
Blue Ash Airport, a part of Cincinnati, Ohio since the 1920s, was slated to close at the end of August following the city’s notification to the FAA, effectively ending a five-year battle between the city and airport users. As recently as last year the city had promised that the airport would continue to operate, albeit in a reconfigured form, but by mid-August crews had begun to remove the tanks in the fuel farm.
Just as pilots using Chicago Waukegan Airport (UGN) await news of when the airport’s 6,000-foot Runway 5/23 might be extended to 7,000-feet–a more comfortable length –for jet operations–comes word that the usable runway length might actually be reduced if various government entities cannot work together.
Elliott Aviation of Moline, Ill., is waiting for the outcome of a vote on Illinois House Bill 4110 before making an expansion decision. It would grant tax-exempt status on two parcels of ground the MRO leases on Quad-City International Airport, as well as exemption from future property taxes on new improvements. The company released a statement saying it would evaluate other areas of the country for expansion if the bill failed to pass.