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The hectic fourth quarter for US private jet transactions is becoming even busier with the news that 100% bonus depreciation will drop to 80% from January 1st 2023. But the rush to close deals ahead of the deadline could lead some buyers to skip due diligence, such as pre-purchase inspections (PPI), according to brokers consulted by Corporate Jet Investor.
Many buyers have been forgoing it in the hot current market, but this critical transaction step appears ready for a comeback.
Many buyers have been forgoing it in the hot current market, but this critical transaction step appears ready for a comeback.
Nothing is certain except death and taxes. That was the view of Benjamin Franklin back in 1789, and while a lot has changed since then, his truth lives on. When Covid-19 hit, another certainty emerged: that the phrase ‘unprecedented times’ would be thrown around at least once a day, echoing across news channels and elsewhere. … Continue reading "Death, taxes and (private jet) maintenance"
Business aviation’s chances of a soft landing after the boom of the past two years stand at 40%, according to Ford von Weise. The global head aircraft finance, Citi Private Bank, gave delegates at yesterday’s CJI Town Hall three scenarios for the industry post-boom: “[Scenario] one, a robust future, what we might call as business … Continue reading "CJI Town Hall: Industry experts predict soft landing"