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How to Begin Planning a Light Business Airplane Purchase
While companies that rely on business aviation represent many different professions and locations, they all have one thing in common: the need for fast, flexible, safe, secure and cost-effective access to destinations across the country and around the world. In many instances, business aviation is the appropriate and best transportation solution, opening the door to global commerce for small-community and rural populations by linking them directly to population centers and manufacturing facilities.
The vast majority of companies that rely on business aviation are small and medium-size companies, which use business aviation to compete and succeed in a very demanding marketplace. Studies have shown that companies that use aviation outperform those that do not. (For details, see the No Plane No Gain website at www.noplanenogain.org.)
The benefits of business aviation are clear, but researching an airplane purchase can be daunting. How do companies decide which airplane will best meet their business needs?
NBAA is committed to serving those who rely on light business airplanes (LBAs), as well as those who are considering how to fit these planes into their business models. NBAA offers the Light Business Airplane Buyer’s Guide to provide a synopsis of the offerings currently available in the LBA category to assist companies in their purchase planning. The publication is designed to offer not an exhaustive analysis of the LBA fleet, but rather an overview to aid in the LBA selection process.
While there is a wide variety of previously owned aircraft available for purchase, NBAA has limited the scope of this guide to include data for new aircraft that are currently in production or nearing production. The information, obtained by NBAA from the manufacturers, includes basic specifications and performance data for each airplane. Emerging aircraft models without sufficient publicly available specification information were omitted from this guide.
For ease of use, the guide is divided into sections according to aircraft size and type as follows:
- Single-Engine Piston
- Single-Engine Piston Turbocharged
- Multi-Engine Piston
- Multi-Engine Piston Turbocharged
- Single-Engine Turboprop
- Multi-Engine Turboprop
- Very Light Jet
- Light Jet
Download the 2014 edition of the NBAA Light Business Airplane Buyer's Guide using the secure online order form.
If you have questions or comments about the NBAA Light Business Airplane Buyer's Guide, contact NBAA at firstname.lastname@example.org.
Other Resources for Members Considering LBAs
- NBAA Aircraft Transactions Resource
- Review this online reference designed to take potential airplane buyers through the various issues surrounding the acquisition of aircraft, including the purchase process, regulatory considerations, insurance options and financing.
- NBAA On-Demand Education
- View video of presentations on aircraft registration and aircraft transactions from the NBAA Tax, Regulatory & Risk Management Conference.
- NBAA Tax Committee
- The Tax Committee's Aircraft Transactions Working Group has expertise in this subject area.
- Cape Town Convention
- Find an overview of the registration requirements for certain purchased aircraft and components.
- Aircraft Operating & Ownership Options
- View various ownership and leasing options available to those seeking to obtain a business aircraft.
- Tax Issues
- See detailed guidance on federal, state and international taxes, as well as on depreciation and non-business use of employer-provided aircraft.
- Insurance & Risk Management
- Learn the various insurance considerations for aircraft owners and operators.