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In This Issue: Top Operational Topics for Readers in 2017 and more.
NBAA Update
 Jan. 1, 2018 Subscribe to NBAA Update  

Year in Review: Top Operational Topics for Readers in 2017

Year in Review: Top Operational Topics for Readers in 2017
NBAA published hundreds of articles in 2017 on a variety of topics including aircraft operations, airport and airspace updates, regulatory changes and more. As always, NBAA’s coverage of the industry was shared on the association’s website, through its social media accounts and in the organization’s email newsletter, NBAA Update, which is shipped to 30,000 subscribers each week. Operational updates remained among the most important news to readers. In this summary, NBAA reviews five such articles, which were among the stories most viewed by readers in 2017. Read more.

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In Focus: Tax Reform Highlights for Business Aviation
The Tax Cuts and Jobs Act, which was recently signed into law, contains important changes for business aviation in several areas, including bonus depreciation; like-kind exchanges; the repeal of miscellaneous itemized deductions, including employee business expenses; disallowance of travel expenses “directly related” to business and more. The NBAA Tax Committee has put together a comprehensive article detailing these changes, and what they may mean for businesses. Learn more.

Amendment to EU/U.S. Bilateral Agreement May Streamline Product Certification
The FAA recently announced the signing of an amendment to the Bilateral Aviation Safety Agreement between the U.S. aviation regulatory authority and the European Aviation Safety Agency of the European Union. This amendment is particularly relevant to NBAA members, as it signals new cooperation between the agencies in the areas of pilot licensing requirements and certification of flight simulator training devices. Read more about the agreement.

SDC2018

UAS Integration Efforts Continue to Advance
Several notable recent developments show that meaningful progress is underway toward the safe integration of small unmanned aircraft systems (sUAS) into the National Airspace System, according to Heidi Williams, NBAA’s director of air traffic services and infrastructure. For example, President Trump in December signed into law a national defense bill that also reinstated the mandatory registration requirement for recreational sUAS weighing less than 55 pounds.

IRS Releases Inflation-Adjusted Federal Excise Tax Rates for 2018
The IRS has released inflation adjustments to certain air transportation taxes for 2018. The domestic segment fee increased to $4.20, the international head tax has increased to $18.30, the Alaska/Hawaii departure tax increased to $9.20 and the percentage tax remains 7.5 percent on amounts paid for commercial air transportation of persons. NBAA’s Federal Excise Taxes Guide provides the most updated rates.

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Addressing Business Aviation's Personnel ShortageBusiness Aviation Insider 
Addressing Business Aviation's Personnel Shortage

Business aviation is facing challenges in attracting and retaining talent, in part because of aggressive recruiting by the airlines and an overall decline in the number of people choosing aviation careers. In response, NBAA has stepped up to provide guidance for members, from education sessions to a new mentorship program. “All business aviation professionals need to be part of the solution,” said Dan Wolfe, NBAA Business Aviation Management Committee member. Learn more in NBAA's first-ever Workforce Issue of Business Aviation Insider.

@NoPlaneNoGain
- It's #BizAvWorks Wednesday! In the last year, more than 100 cities across America saw a decline in scheduled commercial airline service. Business aviation is often the only way for companies to reach their customers.



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