NBAA Update Archive

Bookmark and Share
 

Issue #12-49,  December 3, 2012


TOP NEWS | ADVOCACY | FEATURED | INTERNATIONAL | REGIONAL | NBAA NEWS | MEMBERSHIP

TOP NEWS

Aircraft Acquired in 2012 May Still Be Eligible for Bonus Depreciation
For some aircraft purchased in 2012, it may be possible to qualify for 100 percent accelerated or "bonus" depreciation, even when there was no written binding contract to purchase the aircraft in place before Jan. 1, 2012. Guidance provided in IRS Revenue Procedure 2011-26 indicates that an aircraft defined as "Certain Aircraft" or "Longer Production Period Property" can qualify for 100 percent bonus depreciation if acquired and placed in service in 2012, even without any written binding contract in place on Dec. 31, 2011. Learn more at NBAA's Depreciation resource page.

Share on Facebook - Aircraft Acquired in 2012 May Still Be Eligible for Bonus DepreciationShare on LinkdIn - Aircraft Acquired in 2012 May Still Be Eligible for Bonus DepreciationShare on Twitter - Aircraft Acquired in 2012 May Still Be Eligible for Bonus DepreciationShare on AddThis - Aircraft Acquired in 2012 May Still Be Eligible for Bonus Depreciation


Senate Strikes Restrictions on Military Biofuels Development
The U.S. Senate last week struck down restrictions on Department of Defense research into alternative aviation fuel sources, a move strongly supported by NBAA and 12 other aviation groups. The 67-32 vote removes language from the National Defense Authorization Act that would have prevented the military from purchasing biofuels if they cost more than petroleum. The full legislation containing the language must still be passed by the Senate, then be reconciled with its counterpart bill passed by the House of Representatives before it is submitted to President Obama for final approval. Read more about the act.

Share on Facebook - Senate Strikes Restrictions on Military Biofuels DevelopmentShare on LinkdIn - Senate Strikes Restrictions on Military Biofuels DevelopmentShare on Twitter - Senate Strikes Restrictions on Military Biofuels DevelopmentShare on AddThis - Senate Strikes Restrictions on Military Biofuels Development


Rotorcraft Play Important Role in Sandy Relief Effort
New York-area helicopter operators came to the rescue in the aftermath of "Superstorm" Sandy, delivering more than 12 tons of urgently needed supplies to one of the areas hit hardest by the storm. Last month, nine helicopters flew a total of 20 sorties from a base of operations at New Jersey's Linden Airport (LDJ) to Staten Island (NY) University Hospital, delivering 25,000 pounds of supplies to the care facility. The airlift was organized by the Eastern Region Helicopter Council, as part of its Helicopter Emergency Response Program. Read more about Sandy relief efforts by helicopter operators.

Share on Facebook - Rotorcraft Play Important Role in Sandy Relief EffortShare on LinkdIn - Rotorcraft Play Important Role in Sandy Relief EffortShare on Twitter - Rotorcraft Play Important Role in Sandy Relief EffortShare on AddThis - Rotorcraft Play Important Role in Sandy Relief Effort


NBAA Welcomes Rep. Shuster as Chairman of House T&I Committee
The Association last week welcomed the selection of Rep. Bill Shuster (R-9-PA) as incoming chairman of the House Transportation and Infrastructure (T&I) Committee. "Congressman Shuster is not only a member of the General Aviation Caucus, but he has repeatedly demonstrated his knowledge of and commitment to our industry," said NBAA President and CEO Ed Bolen following the Nov. 28 announcement of Schuster's new appointment. Not long after taking office in 2001, Shuster sponsored a bill to provide economic relief for the general aviation industry after it was devastated by the 9/11 terrorist attacks; the legislation was hailed by the GA community. Shuster will lead the T&I Committee when the 113th Congress is convenes in January. For questions, contact NBAA Director, Government Affairs Dick Doubrava at rdoubrava@nbaa.org.


AD-468x60-BaldwinDec2012

INDUSTRY ADVOCACY

NBAA Welcomes Final Passage of EU-ETS Prohibition Act
NBAA last week thanked President Obama and Congress for passing the European Union Emissions Trading Scheme (EU-ETS) Prohibition Act, which was signed into law last week. "With final passage of this act, the president and Congress stand as one in declaring that the EU-ETS is an overreach, it's wrong and it won't fly with operators based here in the United States," said NBAA President and CEO Ed Bolen. Passage of the bill follows the European Commission's announcement in November of a temporary and conditional suspension of the ETS law for certain operations The U.S. Secretary of Transportation now has the ability to craft a policy prohibiting participation by U.S. operators in the EU ETS after holding a public hearing. Learn what the changes mean for operators, and read more about the new EU-ETS law.

Share on Facebook - NBAA Welcomes Final Passage of EU-ETS Prohibition ActShare on LinkdIn - NBAA Welcomes Final Passage of EU-ETS Prohibition ActShare on Twitter - NBAA Welcomes Final Passage of EU-ETS Prohibition ActShare on AddThis - NBAA Welcomes Final Passage of EU-ETS Prohibition Act


FEATURED STORY

Auditing Your Aircraft Management Company
By contracting with a management company, aircraft owners can let outside vendors oversee the complexities of business flight operations, like crew schedules and FAA compliance. However, it's still a good idea to have a face-to-face meeting with your management company once a year to review safety procedures, flight operations, maintenance, cost-control, insurance and other issues. Going into such a meeting, "you need to educate yourself in some way so you can ask the right questions," said Gil Wolin, an aviation consultant near Boston. For insight into what questions to ask when auditing your management company, read an online extra from the latest edition of Business Aviation Insider.

Share on Facebook - Auditing Your Aircraft Management CompanyShare on LinkdIn - Auditing Your Aircraft Management CompanyShare on Twitter - Auditing Your Aircraft Management CompanyShare on AddThis - Auditing Your Aircraft Management Company


AD-468x60-ABACE2013

INTERNATIONAL NEWS

ABACE2013 to Build On Success of 2012 Event
The Asian Business Aviation Conference & Exhibition (ABACE2013) returns to Hongqiao International Airport in Shanghai, China from April 16 to 18, 2013, and NBAA's Vice President, Exhibits Linda Peters is tasked with making a good show even better. The plan for ABACE2013 will include 4,800 square meters (15,600 sq. ft.) of space in the pavilion, as well as a new chalet plan, allowing for up to triple-sized chalets for Exhibitors to conduct meetings and entertain clients, Peters said. Learn more about ABACE2013 in today's NBAA Flight Plan podcast.

Share on Facebook - ABACE2013 to Build On Success of 2012 EventShare on LinkdIn - ABACE2013 to Build On Success of 2012 EventShare on Twitter - ABACE2013 to Build On Success of 2012 EventShare on AddThis - ABACE2013 to Build On Success of 2012 Event


New RNAV Routes to Be Implemented in Gulf of Mexico
On Jan. 10, Phase 2 of the 50-Nautical Mile Lateral Separation Project will be implemented in the Gulf of Mexico, activating a new set of RNAV routes. The project is being conducted jointly by the FAA, Mexican Airspace Navigation Services and the Mexican Directorate General of Civil Aeronautics. The new route structure, which will complete the replacement of all but two ATS routes across the Gulf, will be available to RNP 4 authorized aircraft. Aircraft equipped for RNP 10 will qualify for the new routes provided they are equipped with a Single Long Range Navigation System (S-LRNS). The new airspace will not be exclusionary, however, so operators of non-RNP 10 aircraft will be accommodated. Review FAA guidance on the Gulf of Mexico project.

Share on Facebook - New RNAV Routes to Be Implemented in Gulf of MexicoShare on LinkdIn - New RNAV Routes to Be Implemented in Gulf of MexicoShare on Twitter - New RNAV Routes to Be Implemented in Gulf of MexicoShare on AddThis - New RNAV Routes to Be Implemented in Gulf of Mexico


REGIONAL NEWS

Northeast Businesspeople Fly for PALS
A diverse group of businesspeople in the Northeast depend on airplanes to support their enterprises, but they also regularly use their aircraft to help cancer patients and others in need of medical help. The grateful passengers, who often would otherwise be unable to reach treatment, think of their business flight donors as very special "PALS." These business people volunteer for Patient AirLift Services (PALS), a non-profit 501(c)(3) based in Farmingdale, NY. The organization coordinates mercy flights to far-away medical destinations, and volunteer pilots or aircraft owners pay the entire cost of each flight. Read more about PALS.

Share on Facebook - Northeast Businesspeople Fly for PALSShare on LinkdIn - Northeast Businesspeople Fly for PALSShare on Twitter - Northeast Businesspeople Fly for PALSShare on AddThis - Northeast Businesspeople Fly for PALS


Georgia Group Announces New Maintenance Scholarships
The Georgia Business Aviation Association (GBAA) is offering two scholarships for maintenance technician continuing education opportunities next year. One award will cover a five-day Practical Aircraft Electricity Course at CAE SimuFlite's Dallas Learning Center, valued at $3,990. The other award will cover a Principles of Troubleshooting Course at FlightSafety International, valued at $3,750. The scholarships will be awarded at the GBAA/Duncan Aviation IA Refresher Class to be held Feb. 7 in Smyrna, GA. Applications are due Jan. 25. All employees of GBAA member companies are eligible. Download an application from the GBAA website.

Share on Facebook - Georgia Group Announces New Maintenance ScholarshipsShare on LinkdIn - Georgia Group Announces New Maintenance ScholarshipsShare on Twitter - Georgia Group Announces New Maintenance ScholarshipsShare on AddThis - Georgia Group Announces New Maintenance Scholarships


REGIONAL EVENTS

Dec. 6, 2012
Greater Washington Business Aviation Assn. Annual Meeting and Holiday Event
Dulles, VA
RSVP Now

Dec. 6, 2012
Pacific Northwest Business Aviation Assn. Annual Meeting
Seattle, WA
RSVP Now

Dec. 13, 2012
South Florida Business Aviation Assn. Holiday Reception
Fort Lauderdale, FL
RSVP Now

Dec. 13, 2012
Tampa Bay Aviation Assn. Holiday Reception
Tampa, FL
RSVP Now



VIEW ALL REGIONAL EVENTS


AD-468x60-SDC2013

NBAA NEWS

Media Kit Online for 2013 NBAA Publications and Events
NBAA provides a wealth of opportunities for Associate Members to promote their brand and share their company's message with targeted groups of business aviation decision makers all year long. From exhibiting and event sponsorships to publication advertising, consider partnering with NBAA in several ways to maximize your marketing dollars and positively affect your bottom line. The 2013 NBAA Media Kit includes advertising rates and information for publications and media products like Business Aviation Insider, NBAA Update, NBAA.org, show guides and mobile apps, as well as sponsorship opportunities for NBAA's exhibitions, regional forums, conferences and seminars. Learn about NBAA advertising and sponsorship opportunities.

Share on Facebook - Media Kit Online for 2013 NBAA Publications and EventsShare on LinkdIn - Media Kit Online for 2013 NBAA Publications and EventsShare on Twitter - Media Kit Online for 2013 NBAA Publications and EventsShare on AddThis - Media Kit Online for 2013 NBAA Publications and Events


Regional Forum Speaker Proposals Due Dec. 17
NBAA has announced its call for speakers for education sessions at the Association's 2013 Business Aviation Regional Forums. Proposals for presentations are welcome on topics such as safety and risk management, maintenance and technical issues, airspace and airport access, aircraft and flight operations, aviation management, aircraft ownership and career and leadership development. Proposals are due Dec. 17. Learn more about Regional Forum presentations.

Share on Facebook - Regional Forum Speaker Proposals Due Dec. 17Share on LinkdIn - Regional Forum Speaker Proposals Due Dec. 17Share on Twitter - Regional Forum Speaker Proposals Due Dec. 17Share on AddThis - Regional Forum Speaker Proposals Due Dec. 17


PROFESSIONAL DEVELOPMENT

Plan Professional Development for Coming Year With PDP Course Directory
NBAA has released its 2013 Professional Development Program (PDP) course schedule, which includes a wide range of learning opportunities from instructors with real-world experience in the business aviation industry. For 2013, a total of 15 NBAA-hosted courses will be offered throughout the year, concluding with six being offered from Oct. 20 to 26 in conjunction with the 66th Annual Meeting & Convention in Las Vegas, NV. Read more about the 2013 PDP courses.

Share on Facebook - Plan Professional Development for Coming Year With PDP Course DirectoryShare on LinkdIn - Plan Professional Development for Coming Year With PDP Course DirectoryShare on Twitter - Plan Professional Development for Coming Year With PDP Course DirectoryShare on AddThis - Plan Professional Development for Coming Year With PDP Course Directory


Register Now for Recordkeeping and Compliance Course, Jan. 22
NBAA is offering a Professional Development Program course on Recordkeeping and Regulatory Compliance on Jan. 22 in conjunction with the 2013 Schedulers & Dispatchers Conference in San Antonio, TX, scheduled for Jan. 22 to 25. This course will help flight department personnel establish and maintain a recordkeeping system using accepted industry practices in order to document regulatory compliance. Class discussions will also cover audit requirements and operational decision support systems. Sign up for this PDP course now.

Share on Facebook - Register Now for Recordkeeping and Compliance Course, Jan. 22Share on LinkdIn - Register Now for Recordkeeping and Compliance Course, Jan. 22Share on Twitter - Register Now for Recordkeeping and Compliance Course, Jan. 22Share on AddThis - Register Now for Recordkeeping and Compliance Course, Jan. 22


AD-468x60-PDP

240x400_GorillaExpense
 


 

Ad-240x200-Membership
 


NBAA FLIGHT PLAN PODCAST

Lots in Store for ABACE2013

If there’s one operative word for ABACE2013, it might just be “more.” The show, set for April 16 to 18 in Shanghai, China, is set to feature more exhibit space, more space for the Static Display of Aircraft, more chalets and new features, like more conveniently located meeting rooms. Learn more about ABACE2013 in this week’s NBAA Flight Plan
podcast.

Listen and subscribe now.



NBAA EVENTS

Dec. 6–7, 2012
Cross-Border Issues Conference
Ottawa, Canada

Jan. 22–25, 2013
Schedulers & Dispatchers Conference
San Antonio, TX

Feb. 7–8, 2013
Business Aircraft Finance, Registration & Legal Conference
Bonita Springs, FL

Feb. 12–13, 2013
Leadership Conference
Austin, TX

Feb. 28, 2013
Business Aviation Regional Forum
Long Beach, CA







 

NBAA BENEFIT SPOTLIGHT

My NBAA Profile


With "My NBAA," the Association's online profile tool, Members can make changes to their records anytime. All profile changes are reflected immediately in the Member Directory. Plus, Members may choose which NBAA communications they wish to receive to personalize their Member experience. NBAA encourages Members to log on and make sure their profile information is updated and accurate.

View My NBAA Profile (password required).


ABOUT NBAA UPDATE

NBAA Update is the National Business Aviation Association's weekly e-newsletter providing a synopsis of the latest operational, regulatory and legislative news for the business aviation community, as well as information about NBAA activities, Member benefits and upcoming industry events. Share feedback at update@nbaa.org.

This issue of NBAA Update was mailed to archive_email@informz.net. If you don't currently subscribe, sign up for a free subscription.


Forward This Issue | View Archives | Advertising Opportunities | Join NBAA