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VERY LIGHT JET REPORT :: APRIL 28, 2008

Fed Watch -- Reauthorization, AIP Increases

Senate to Hold Reauthorization Vote Senate Finance and Commerce committees reached a deal which increases in general aviation contributions to the Aviation Trust Fund, clearing the way for a vote on FAA reauthorization this week. But the deal calls for the tax on GA jet fuel to rise 65 percent to 36 cents... [read more]


Minimizing Taxes on Aircraft
How an aircraft is registered and used can reduce the cost of flying through income tax savings, according to Louis M. Meiners, Jr of Advocate Aircraft Taxation Company. Meiners provided a primer on the issue during the recent VLJ Expo sponsored by Jetpool. He cautioned that aircraft ownership and...


Finally, Private Partnerships Made Easy
In what sounds more like an on-line dating service than an aviation program, the Aircraft Partnershp Association (APA) is creating a new niche in the aircraft ownership spectrum, promising to match pilots who want to find partners in the ownership of their aircraft based on their posted profiles. APA...


New VLJ Company Launched
The future of flying is smaller planes, according to Venture Alliance Network, which plans to launch a Very Light Jet fixed base operation business shortly. The company is soliciting capital and recently partnered with a venture capital firm to raise funds to acquire small FBOs at outlying airports. The...


Honda Expands HondaJet Sales to Europe
Honda Aircraft Company, Inc., is expanding sales of HondaJet to Europe, beginning in May at the annual EBACE (European Business Aviation Convention & Exhibition) conference in Geneva, Switzerland. Honda's decision to expand sales of its advanced light jet to the rapidly growing European market is a...


Quick Takes -- Santa Monica Ban, Majestic Jet
FAA to Block Santa Monica Jet Ban Blocking the ban on business jets with approach speeds more than 136 miles per hour at Santa Monica Airport came one step closer last week when the Federal Aviation Administration filed a legal action to overturn the ban. The ban impacts about seven percent of the flights...




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