Podcast: What the New IRS FET Rule Means for Business Aviation

Jan. 25, 2021

A years-long advocacy campaign by NBAA and its partners culminated recently with a final rule from the IRS clarifying the applicability of federal excise taxes to management companies and aircraft owners. The rule also prevents the improper and retroactive application of FET charges. “We worked with the IRS and the Treasury Department, then we finally went to Capitol Hill,” said Scott O’Brien, NBAA senior director for government affairs. “Congress spoke and made clear that if you are flying on your own aircraft, and have the assistance of a management company, there’s no commercial transportation tax; it’s treated just like any non-commercial Part 91 flight.”

In today’s episode of NBAA’s “Flight Plan,” host Rob Finfrock speaks with:

  • John Hoover, partner at Holland and Knight and chair of the NBAA Tax Committee
  • Scott O’Brien, NBAA senior director, government affairs

Podcast Episode

May 20, 2024

Podcast: Using Standardized Performance Metrics to Enhance the Charter Industry, Part 2

Some charter operators are making public their key performance indicators, or KPIs, to provide greater transparency for customers. In Part 2 of this two-part episode, industry advocates discuss why tracking and publishing such data can not only benefit those companies, but the entire charter market.
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May 13, 2024

Podcast: Using Standardized Performance Metrics to Enhance the Charter Industry, Part 1

There is a growing trend among charter operators, fractional companies and jet card providers to track and publish key performance indicators, or KPIs, to assist clients in finding the right company for their needs.
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May 6, 2024

Podcast: Revamping One of NBAA’s Most Useful Resources

The NBAA Management Guide is widely regarded as the industry's how-to manual and the latest revision published earlier this year was virtually a complete overhaul that now aligns with NBAA's Certified Aviation Manager program.
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April 29, 2024

Podcast: Proactive Steps to Help Prevent Runway Excursions

Runway excursions are the leading cause of accidents in turbine business aircraft operations. NBAA's Domestic Operations Committee recently updated the association's safety resource, Reducing Runway Excursions in Business Aviation, with additional tips for operators to avoid these events.
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