NBAA Update Archive

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NBAA Update #02-21
Monday, May 27, 2002

BUSINESS AVIATION OPERATORS MEET THIS WEEK IN GENEVA
EBACE2002, the only European exhibition of its kind to focus totally on business aviation, meets this week on May 28 through 30 in Geneva, Switzerland. Presenters during the Opening General Session on May 28 will include Victor Aguado, Eurocontrol; Jean-Pierre Jobin, Geneva International Airport; Jude Mariadassou, European Civil Aviation Conference; Claude Probst, Air Transport Directorate of the European Commission; and George Rebender, Joint Aviation Authorities. During the Awards Reception & Banquet on May 29, Richard E. Gooding, managing director of London City Airport, and Jean-Pierre Jobin, director general of Geneva International Airport, will receive the 2002 European Business Aviation Awards. To review the EBACE program schedule, visit:
www.ebace.com/attendees/program.htm

CHICAGO BUSINESS AVIATION FORUM EXHIBITOR LIST GROWS
NBAA is pleased to announce that the Chicago-Area Business Aviation Forum and Static Display will feature at least nine outdoor exhibits on the Static Display of Aircraft – including exhibits by Dassault, Gulfstream, Raytheon and NetJets – as well as several indoor vendor stations. This day-long learning and networking event, to be held on June 27 at DuPage Airport in conjunction with the DuPage Airport Authority, will feature a panel on security featuring Isaac Richardson, the new Transportation Security Administration Federal Security Director for the City of Chicago. Exhibit space and sponsorships are still available; for more information, visit:
www.nbaa.org/seminars/baf/baf_2002_06_27.htm

NBAA ISSUES COMMENTS ON COMMUTER AIRCRAFT SECURITY
The Federal Aviation Administration issued on April 2 a request for public comment on, Docket No. 2002ACE-01-CS "Security Enhancement Issues for Smaller, Non-Transport Category Airplanes." Although the Docket specifically relates to scheduled passenger operations, it applies to airplanes carrying 19 and fewer passengers – many of which are operated by the NBAA Member companies. Review NBAA's comments at:
www.nbaa.org/ops/security/

BONUS DEPRECIATION AND CORPORATE AIRCRAFT
Perhaps the most significant tax benefit available to owners of business aircraft is the depreciation deduction that allows the owner of an aircraft to recover the cost of its aircraft. As a result of the Job Creation and Worker Assistance Act of 2002, the benefits of depreciation have been improved for certain types of "qualified property." Read an article by Edward H. Kammerer, Edwards & Angell, LLP that explores the scope of new depreciation benefits for business aircraft and the requirements that must be satisfied in order for a business aircraft to qualify for the accelerated depreciation benefits.
www.nbaa.org/member/taxes/BonusDepreciation.htm

BONUS DEPRECIATION SPREADSHEET
View a spreadsheet that depicts the depreciation available and the time value of money concept as it pertains to the bonus depreciation contained in the Job Creation and Worker Assistance Act of 2002. Download the Excel spreadsheet at:
http://www.nbaa.org/member/taxes/BonusExpenseEffectsRevised.xls

NEW PREFERRED IFR ROUTES IN SOUTHWEST REGION
The FAA Southwest Region is planning to implement a variety of preferred routes for inclusion in the South Central Airport Facilities Directory (SCAFD), effective August 8, 2002. NBAA Members are invited to forward any comments to Vicki Chatel, ATT-233, Procedures Branch, FAA Air Traffic Control System Command Center, 13600 EDS Drive, Suite 100, Herndon, VA 20170-3233, no later than June 8. Questions can be directed to Chatel at (703) 925-3121. Download specific information on these high-altitude preferred IFR routes in PDF format (60 KB) at:
www.nbaa.org/airspace/preferred_ifr_routes.pdf

SLC TRAFFIC CHANGES BRIEFING AND DISCUSSION SESSION PLANNED
The FAA is planning safety- and efficiency-related changes to the airspace and traffic patterns in the Salt Lake City area. Members of the aviation community are invited to a briefing and discussion session on June 5 at the Fort Douglas Officer's Club in Salt Lake City from 1:00 p.m. to 2:00 p.m. For more information, contact Jim Kelsey, support specialist, at (801) 320-2552 or jim.kelsey@faa.gov. Download the invitation letter, map and directions in PDF format (240 KB) at:
www.nbaa.org/airspace/slc_briefing.pdf

IOWA AIRPORT SAFETY PROGRAMS IN JEOPARDY
On May 22, the Iowa Public Airports Association called upon lawmakers to resist efforts to eliminate state funding for safety programs at the state's 123 public airports. Leaders of the majority parties in the House and Senate have called for the elimination of four safety programs totaling $500,000 as part of their plan to deal with a projected budget shortfall in the 2003 fiscal year. For more information, contact NBAA's John Balsiger at jbalsiger@nbaa.org.

AVOID TRAVEL DELAYS THIS WEEKEND IN DOVER, DE AND PHILADELPHIA AREAS
Both Busch and Winston Cup NASCAR races will be held this weekend in Dover, DE. More than 300 aircraft are expected to fly into the area starting on Thursday, May 30, with approximately 70 aircraft departing on Saturday, June 1 and the remainder departing Sunday, June 2. Airports that will be used by the race teams, sponsors and spectators include Dover/Cheswold (33N), Wilmington (ILG), Georgetown (GED) and Dover Air Force Base (DOV). To avoid delays and added congestion, plan flights into and out of the greater Dover, Wilmington and Philadelphia areas accordingly. For more information, visit the Race Team Aviation Association web site at www.rtaa.org or contact NBAA's Dean Saucier at dsaucier@nbaa.org.

ST. LOUIS-AREA COMMUNITY IS INVITED TO REACHBAC EVENT THIS FRIDAY
A St. Louis-Area NBAA REACHBAC reception and dinner will be held this Friday, May 31 at 5:00 p.m. at the JetCorp Aviation Facilities, Hangar 4, 18190 Edison Ave., Spirit of St. Louis Airport, Chesterfield, MO. Brian C. Weiler, Administrator of Aviation for Missouri, will be the featured keynote speaker for the event, which will be sponsored by Multi Service Corp. Both Members and non-Members of NBAA are welcome to attend. For more information or to register, contact NBAA's Benjamin Jones at bjones@nbaa.org, or visit:
www.nbaa.org/seminars/reachbac/rb_2002_05_31.htm

NBAA RESTRUCTURES ITS MEMBERSHIP DUES
NBAA has updated its Member dues structure, which will be effective July 1, 2002. For more information, contact NBAA at (202) 783-9280 or membership@nbaa.org, or visit the NBAA web site at:
www.nbaa.org/membership/dues.htm

NBAA 55TH ANNUAL MEETING & CONVENTION FLOORPLAN NOW ONLINE
The preliminary floorplan for the NBAA 55th Annual Meeting & Convention, to be held September 10 to 12 at the Orange County Convention Center in Orlando, FL, is now available online. Exhibit space is still available for companies that would like to participate in the world's largest purely civil aviation event. For more information about exhibiting, contact NBAA's Linda Peters at lpeters@nbaa.org. The floorplan is available for download in PDF format at:
www.nbaa.org/conventions/2002/exhibitors/floorplan.htm