General Aviation To Benefit From Accelerated Depreciation Proposal

June 28, 2010 – The National Business Aviation Association (NBAA) praised Senate Finance Committee Chairman Max Baucus (D-MT) and Ranking Member Charles Grassley (R-IA) for introducing a proposal to extend accelerated, or “bonus” depreciation for equipment purchases in 2010 including general aviation (GA) aircraft.

 The existing accelerated-depreciation policy expired at the end of 2009; in April, NBAA joined with more than 80 American businesses and organizations in sending an open letter to House and Senate leaders calling for renewal of the policy.

 “Bonus depreciation is a proven incentive for businesses to accelerate replacement and purchases of essential equipment, including GA aircraft,” said NBAA President and CEO Ed Bolen. “We commend Senators Baucus and Grassley for introducing this important legislation.”

Read More: http://avstop.com/news_june_2010/general_aviation_to_benefit_from_accelerated_depreciation_proposal.htm

How To Defend Aviation As A Business Tool? The Answer: We The People.

Corporate Aviation is by its nature a very private business segment. As noted in other blogs, we are separate and silent in relation to other business functions. (See: Why BizAv Enterprise Integration Adds Value.)  Safety and security of company personnel and the mission of the trip are the primary reasons and advantages of having a private aircraft with which to do business.

Read More: http://blogs.forbes.com/wheelsup/2010/06/27/how-to-defend-aviation-as-a-business-tool-the-answer-we-the-people/

Elizabeth Clark is the Executive Director of the Women in Corporate Aviation

Galileo

“You cannot teach a person something he does not already know; you can only bring what he does know to his awareness.”

Cessna Rolls Out the 300th Citation Mustang

 

WICHITA, Kan., Feb. 4, 2010 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, announced today the rollout of the 300th Citation Mustang at its assembly facility in Independence, Kan., less than three years after the first Mustang delivery in 2007.

“The aircraft continues to set the mark for entry level business jet operations around the world, and its demand has remained fairly resilient during the past year,” said Jack J. Pelton, Chairman, President and CEO. “It has found success in air taxi and charter operations, in flight departments, in training organizations as well as with owner-operators.”

The 300th Mustang will be delivered later this year to a retail customer in Australia.
The Citation Mustang is the world’s first fully certified entry-level business jet. It was announced at the 2002 National Business Aviation Association convention and made its first flight in April 2005. The first Citation Mustang was delivered in April 2007.

Coming in at just over $3 million (2010 delivery), the Mustang features Garmin avionics, Pratt & Whitney Canada engines and boasts a maximum 1,200-nautical mile range.

So Much Spam

We have been getting upwards of 100 spam comments per day on the blog – for the next ten days we will be removing the comment feature to hopefully alleviate some of this annoying and unproductive chatter.

You can always e-mail us with questions or comments.

Senior Leadership Changes at Cessna

Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, today announced changes to Cessna’s Senior Leadership Team. After nearly 40 years in finance, the last 14 of which with Cessna, Mike Shonka, executive vice president and chief financial officer, is retiring. “Mike has had a great influence on our fiscal strategy and been a strong asset to Cessna and to Textron,” said Jack Pelton, Cessna chairman, president and CEO. “We thank him for his dedication and wish him the very best.” Shonka will be succeeded by Eric Salander, who is joining Cessna from Textron where he currently serves as executive director, Financial Planning & Analysis. Prior to this assignment, Salander worked for Textron Financial Corporation, holding a number of senior-level positions of increasing responsibility including senior vice president, Finance. He has held several other accounting or analysis positions at companies such as Raytheon and Ernst & Young. He holds a bachelor’s degree in Business and a master’s degree in Accounting from the University of Rhode Island. Cessna also announced that Ron Alberti, senior vice president of Integrated Supply Chain will assume a new role responsible for the previously announced transition of work from Columbus, Ga. and Wichita, Kan. to Cessna’s facility in Mexico. He also will oversee Skycatcher production in Shenyang, China to ensure a smooth transition to high-rate production for the 162 Skycatcher program. Eric Cardinali, currently president of Bell Helicopter, Canada, also a business unit of Textron, will succeed Alberti as Cessna’s senior vice president of Integrated Supply Chain. Cardinali has held several key leadership roles at Textron companies including plant manager at Jacobson, and director of operations and vice president, Integrated Supply Chain at E-Z-Go. He holds a bachelor’s degree in Public Administration from Western Michigan University. The new appointments will become effective February 1.

Dassault Falcon Launches Online Boutique

Dassault Falcon recently launched the “Falcon Boutique”, an online store where Dassault Falcon accessories and apparel can be purchased.

The store offers a large selection of products, ranging from Dassault Falcon-branded clothing for men, women and children to aircraft models, luggage and golf accessories. The store will also offer gift bags and note cards to accompany gift purchases for special occasions in the near future.

The Falcon Boutique allows customers to view products, place orders and track shipping and order status using the latest security protocols. You can visit the store at www.falconboutique.com or by visiting the Dassault Falcon homepage www.falconjet.com and clicking on “Falcon Boutique.”

Cessna Delivers 300th Citation X

WICHITA, Kan., Nov. 30, 2009 – Cessna Aircraft Company, a Textron Inc. (NYSE: TXT) company, has delivered the 300th Citation X to its authorized sales representative, Jetalliance, based in Vienna, Austria. The Citation X will be operated from Vienna by an unnamed retail customer. Jetalliance is Cessna’s authorized sales representative for Russia and Eastern Europe.

“The Citation X continues to be a popular aircraft all over the world, including Europe. The exceptional speed, reliability, and cabin comfort offered by the Citation X have contributed to its great success,” said Trevor Esling, Cessna’s vice president, International Sales.

The Citation X is the world’s fastest non-military aircraft with a top speed of .92 Mach, just under the speed of sound. Since launch, Cessna has delivered more than 45 Citation Xs to the EMEA region (Europe, Middle East, and Africa).

The Citation X is the top of Cessna’s line of light and mid-size business jets and was announced at the 1990 National Business Aviation Association annual meeting and convention. The first Citation X was delivered to golf legend and long-time Cessna customer, Arnold Palmer, in 1996.

Hawker Beechcraft Premier 1A Featured in Pilot Journal

The Hawker Beechcraft Premier 1A was featured in the most recent issue of Pilot Journal

The article was very thorough and also included a few paragraphs from different owner/operators.  Jack Roush is always an interesting character and made his affection for the aircraft well known.  I believe that his aircraft is painted in the color scheme of a World War II P-51 Mustang. 

There are quite a few other articles of interest to the business aviation professional or enthusiast.  I would suggest picking up a copy (or getting a subscription) if you have any interest in the Premier 1A.

Jets.com a steal at $375,000

VERY interesting article about the value of the domain Jets.com

http://www.newfoundnames.com/domain-sales/jets-com-unbelievable-sale/

I will try to follow up with the buyers and find out how it is working for them.