National accounts

July 7, 2009 - 11:59am

According to JP Morgan Global Equity Research’s latest Business Jet Monthly report, June used business jet inventories remained stable at 14.4 percent of the active fleet, “a further sign of stabilization at this very high level.” Used inventories of Cessna, Embraer and Hawker Beechcraft jets decreased, according to the report, “while other OEMs saw inventories rise.” Of the 23 aircraft models tracked by JP Morgan, 12 had higher inventories, 1

June 29, 2009 - 11:23am

“Available business jet inventories look finally to be stabilizing,” UBS Investment Research noted in its latest business jet update, although pre-owned inventory remains at record-high levels, at 18 percent of the in-service fleet.

June 18, 2009 - 11:44am

“Available business jet inventories look finally to be stabilizing,” UBS Investment Research noted in its recently released business jet update, though pre-owned inventory remains at record-high levels at 18 percent of the in-service fleet.

June 11, 2009 - 12:04pm

Pre-owned business jet inventories are stabilizing, but recovery of the business aircraft industry “still looks far off,” according to a recently released report from J.P. Morgan Research. The investment research firm said pre-owned inventories remained flat last month at 14.4 percent, marking the second consecutive month of status quo after rising for 14 months.

July 28, 2008 - 11:52am

A new federal tax-cut law contains an increase in the bonus depreciation percentage from 30 percent to 50 percent in the first-year allowance for the purchase of capital goods, including new aircraft. The rate will be available for any new aircraft–regardless of value if used under Part 91–acquired after May 5, 2003, and before Jan. 1, 2005. The aircraft must be placed in service before Jan. 1, 2006.

February 27, 2008 - 5:44am

President Bush signed an economic stimulus plan on February 13 that extends bonus depreciation for new aircraft purchased and placed in service through next year. The legislation makes it possible for purchasers who plan to use their aircraft primarily for trade or business purposes, and thereby qualify for MACRS accelerated depreciation, to write off 50 percent of the purchase price during the first year of ownership.

February 14, 2008 - 10:57am

The $168 billion economic stimulus plan President Bush signed yesterday includes a provision that alters section 168(k) of the Internal Revenue Code to allow buyers of factory-new aircraft to take the bonus depreciation for aircraft that will be used more than 50 percent of the time for business purposes and are placed in service this year and, in many cases, next year. Minimum value of aircraft that fall into section 168(k) is $200,000.

February 14, 2008 - 10:57am

The $168 billion economic stimulus plan President Bush signed yesterday includes a provision that alters section 168(k) of the Internal Revenue Code to allow buyers of factory-new aircraft to take the bonus depreciation for aircraft that will be used more than 50 percent of the time for business purposes and are placed in service this year and, in many cases, next year. Minimum value of aircraft that fall into section 168(k) is $200,000.

December 14, 2007 - 6:53am

Both houses of Congress passed a bill that extends until December 31 next year the “placed-in-service” deadline for business aircraft purchased on or before December 31 this year to qualify for a 50-percent bonus depreciation allowance. It became law when President Bush signed the bill on October 22.

November 26, 2007 - 8:21am

At the NBAA Convention last month, credit for a recent increase in used aircraft sales was frequently given to the bonus depreciation benefit that is part of the Jobs and Growth Tax Relieve Reconciliation Act that went into effect this year. “It has already been a boost to used aircraft sales, and it is going to affect new aircraft sales,” said a sales executive at the convention.

 
X