In our last episode, NBAA held a journalists’ roundtable examining our industry’s COVID-19 moment, how it compares to past downturns and what the future – hopefully, a brighter one – might look like. Now, three of business aviation’s most respected analysts offer their thoughts about our industry’s rebound from this pandemic. “Those that own airplanes already aren’t running for the exits and putting ‘For Sale’ signs on their aircraft,” notes Brian Foley, founder and president of Brian Foley Associates. “They really don’t want to get rid of them.”
In this episode of NBAA’s Flight Plan, host Rob Finfrock speaks with:
Richard Koe, managing director for charter intelligence firm WingX
Brian Foley, founder and president of Brian Foley Associates
NBAA’s Christa Lucas and Alex Gertsen shared with state aviation officials the lessons business aircraft operators and owners learned from COVID-19 during the 2020 National Aviation State Aviation Officials (NASAO) Virtual Conference and Exposition.
After a first-of-its-kind sustainable aviation fuels (SAF) summit that concluded today, business aviation leaders committed to redouble their focus on fostering the large-scale production and widespread adoption of SAF.
As a direct result of COVID-19, business closures and travel restrictions, aircraft purchased in 2020 could be ineligible for bonus depreciation, and depreciation recapture could be triggered on aircraft purchased in prior years.