So how might a business person benefit from these new changes? First of all, impact of these depreciation changes greatly reduce net cash investment for purchase of a new airplane. Specifically, an operator in 40% tax bracket who can successfully write off his aircraft ownership expense may have no cash investment in airplane during first four years. Additionally, when properly structured, many taxpayers have an opportunity to convert personal use into business use. The Internal revenue code provides an optional method of taxing an individual for personal use of an aircraft which many times amounts to less than 10% of actual deductions flowing from investment. Consult your tax professional prior to purchasing your new airplane or ask your Aircraft Dealer for name of an Aviation Tax Specialist to set up your purchasing entity.

And you say you’re not a pilot? Local aircraft dealers like Suburban Aviation, Inc. in Lambertville, Michigan will actually teach you to fly your new airplane and even reimburse your expenses when you purchase a new Cessna airplane from them. Most of today’s pilots learned to fly in a Cessna airplane and majority of these pilots continue to experience freedom and flexibility that flight offers in one of Cessna’s many single engine models. For 75 years, Cessna has been leader in general aviation aircraft providing a safe and reliable alternative to commercial airlines and automobile.

So if your business can benefit from improved efficiency and tax savings, why not consider a company airplane? There are few tax saving opportunities as effective as fully depreciating an aircraft on a five year accelerated basis, and with today’s interest rate environment, a well-structured transaction often results in little or no after tax cash flow holding costs during early years of ownership. Of course, arriving at your meeting on time and with all your luggage can also be pretty convincing!

Controlled Flight Into Terrain (CFIT): The KMH 880 Multi-Hazard Awareness System combines traffic and terrain avoidance features in one unit. Combined with KDR 510 and displayed on KMD 550, you can have all situational awareness available to ensure an up-to-the-second picture of your flight situation.

Workload Reduction: The KMD 550 Multi-Function Display (MFD) lets you spend less time looking at your instruments and more time flying your aircraft. The system gives you information you need without added clutter, all while reducing time required to manage each safety system. Along with its capability to display traffic, weather, terrain and moving map information, KMD 550 also provides a wealth of reference information to pilot including airports, NDBs, intersections, VORs, special-use airspace, victor airways, rivers, roads, lakes, cities and towers. When interfaced to KLN 94, KMD 550 can also display holding patterns, procedure turns and DME arcs for even greater situational awareness. Most importantly, this MFD is simple to use and sports a bright, razor-sharp display!

So, how much safer can General Aviation become? It seems to me that sky's limit! Who would have guessed that today's General Aviation aircraft would have these capabilities? And I suppose question follows . . . “What else is possible?” Link: http://bendixking.com

About Author Pat Redmond, Brighton, Mi usa airplanenoise@airplanenoise.com http://www.airplanenoise.com