In the Era of COVID-19, Business Aviation Provides Significant Advantages

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 52%

Business News News

Business Business Latest News,Business Business Headlines

When considering purchasing an aircraft or fractional interest in an aircraft, it is best to evaluate these goals in advance with an experienced team, including aviation, business, tax, and legal advisors.

The aircraft available on the charter market range from single-engine piston aircraft that may be perfect for a single passenger who needs to reach a remote location in the same region to large-cabin business jets that are best for larger groups and international flights.

• Ask the operator how they handle flight disruptions, flight changes and other customer service issues. For a company making a long-term commitment to using business aircraft, there are several additional considerations, including balancing business goals, tax goals and regulatory compliance. There can be significant tax advantages to owning an aircraft, but tax advisors' common strategies to maximize these advantages often run afoul of the unique regulatory requirements applicable to aircraft.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in BUSİNESS

Business Business Latest News, Business Business Headlines