NBAA Update Archive

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In This Issue: NBAA resource analyzes requirements for accelerated depreciation and more.

Wilmington Trust

NBAA Update
 March 12, 2018 Subscribe to NBAA Update  

Bonus Depreciation

NBAA Resource Analyzes Requirements for Accelerated Depreciation
Aircraft that are owned and operated by businesses are often depreciable for income tax purposes under the Modified Accelerated Cost Recovery System (MACRS). Under MACRS, taxpayers are allowed to accelerate the depreciation of assets by taking a greater percentage of the deductions during the first few years of the applicable recovery period. But what are the particulars for this arrangement? Read a detailed NBAA analysis of the issue.

ABACE 2018 Register Now

Operators Urged to Comment on Colorado Airport's New Departure Procedures
NBAA members are encouraged to review and comment by March 28 on a proposed RNAV SID at Colorado’s Eagle County Regional Airport (EGE). The new BEVVR departure came about following collaboration between NBAA and other stakeholders with the FAA to refine departure procedures at the airport with an eye toward safety and efficiency. Learn more.

Podcast: How Have CBP Changes Supported Flights to Mexico?
If a business trip requires flying south of the border, operators can expect helpful changes in their interactions with Customs and Border Protection (CBP) and other improvements, said Laura Everington, senior manager for government and industry affairs at Universal Weather and Aviation and chair of the NBAA Security Council. Everington provides a quick list of the changes, several developed between NBAA and government officials, in this week’s NBAA Flight Plan podcast.

2018 Business Aircraft Finance, Registration and Legal Conference

DOT's SIFL Rates Released for First Half of 2018
The U.S. Department of Transportation recently released Standard Industry Fare Level (SIFL) rates for the six-month period from Jan. 1 to June 30, 2018. These rates are necessary when applying the IRS aircraft valuation formula to compute values of non-business transportation aboard employer-provided aircraft. NBAA's calculator for determining SIFL compliance has also been updated with the latest rates.

At Kansas Aviation Day, NBAA Says: 'No Plane, No Gain'
During a recent Kansas Aviation Day, Steve Hadley, NBAA’s senior director of regional programs and Southwest regional representative, promoted business aviation as an economic driver in the Sunflower State. “We were able to speak to more than 40 legislators and their staff about the value of business aviation and local community airports in the state of Kansas,” he said.

Business Aviation Insider Mobile App

Planning is Key for Successful International TravelBusiness Aviation Insider 
Planning Is Key to a Successful Overseas Trip

Flight departments have two basic ways they can approach international trip planning – doing the work in-house or contracting with a third-party service provider to oversee the details of the trip, including ground logistics and permits. While there are costs involved in using a service provider, an experienced handler can be of great value. Learn more in Business Aviation Insider, the International Issue.

@bombardierjets- The Global 7000 looks great on the cover of the @NBAA Insider! Thank you for featuring it on the magazine.