Aviation

National Aviation Day - A Look Forward

National Aviation Day - A Look Forward

December 1903 marked man’s first true attempt to conquer the skies. Since then, we have flown passengers to every edge of the globe, gone supersonic and walked on the moon all in the last 115 years. So what will the next 50 years of progress look like?

Graveyards, Hotels, & Bars - The Truth Behind Aircraft Retirement

Graveyards, Hotels, & Bars - The Truth Behind Aircraft Retirement

Retiring an aircraft out of service is a complicated decision, but for some, it’s a welcome moment. Let’s take a look at some of the most impressive uses for aircraft that have left the sky for good.

Driving Forces Behind Aircraft Retirement

Driving Forces Behind Aircraft Retirement

Aircraft frequently outlive the manufacturer life estimates, sometimes by multiple decades. This is great news for owners and operators who are looking to stretch their investment and helps maintain lower cost options in the used marketplace. However, as some of these aircraft approach 40+ years of faithful service, the shadow of retirement grows larger. So what happens if you’re holding onto an aircraft that is ready to make its last flight? How do you know it’s time? Let’s take a look.

Depreciate Your Used Aircraft 100% in the First Year

Depreciate Your Used Aircraft 100% in the First Year

Businesses can take advantage of 100% depreciation on their new or used aircraft in the first year thanks to the 2017 tax bill. However, before you purchase, there a number of considerations that must take place to avoid costly pitfalls and back-taxes.