When President Obama criticized tax breaks for owners of corporate jets during the first debate with contender Mitt Romney on October 3, the reaction from the business aviation community was swift. Obama was referring to the allowable accelerated depreciation for capital goods, which ironically is part of a bill that he signed in 2010, HR 4853, the Tax Relief, Unemployment Insurance and Job Creation Act.
Aerospace Industries Association (AIA) president and CEO Marion Blakey said she jumped out of her chair this week when she heard President Obama say, during the final televised debate between U.S. presidential candidates, that sequestration “will not happen.” She said that the AIA is calling on the Obama Administration and Congress to start
During World War II, from June 1943 through April 1945, they flew 1,578 missions, 15,533 sorties, destroyed 261 aircraft and earned 850 medals. They were the Tuskegee Airmen, African-Americans who were members of the U.S. Army Air Corps, championed by First Lady Eleanor Roosevelt yet segregated from the rest of the troops. Trained at the Tuskegee Institute in Tuskegee, Ala., they were pilots, instructors, navigators and mechanics.
The National Air Transportation Association (NATA) is asking repair station operators to participate in a survey about the impact that complying with the FAA’s Part 145 repair station NPRM will have on their business.
Business aviation visionary leader Albert Ueltschi, 95, founder and chairman emeritus of aviation training provider FlightSafety International, died at his home in Vero Beach, Fla., on Thursday evening. After being bitten by the flying bug at an early age, Ueltschi soloed at 16 and later bought an open-cockpit airplane and barnstormed around the country.
A Southwest Airlines Boeing 717, acquired during the merger with AirTran, was rammed by a catering truck on October 12 after the driver lost control of the vehicle on the ramp at Milwaukee’s Mitchell Field. The driver said he was unable to stop when a soft-drink can became lodged between the truck’s brake pedal and the floor. Southwest said the aircraft fuselage was substantially damaged at the forward and mid-section joint. None of the 108 people on board was injured. Southwest mechanics are inspecting the aircraft.
Virtually every industry and profession in America enjoys the backing of an association and its lobbyists. And it doesn’t matter whether those lobbyists represent funeral directors, textile manufacturers, dairy farmers or dental consultants.
Negotiations continued between the Society of Professional Engineering Employees in Aerospace (SPEEA) and Boeing last week amid fallout from its white-collar workers’ overwhelming rejection of the company’s first contract offer. The ballot count, conducted on October 1, showed that 95.5 percent of voting SPEEA-represented engineers rejected Boeing’s offer, as did 97 percent of its participating technical workers.
NBAA president and CEO Ed Bolen, JSSI chairman Lou Seno and former Cessna chief Jack Pelton separately weighed in on President Obama’s remarks about “corporate jets” during the televised presidential debate last week. “Why wouldn’t we eliminate tax breaks for corporate jets?” Obama asked. “My attitude is if you got a corporate jet, you can probably afford to pay full freight, not get a special break for it.”
NBAA president and CEO Ed Bolen condemned “disparaging” remarks about business aviation by President Obama in a presidential debate last night with Republican nominee Mitt Romney. During the debate, Obama called to eliminate some corporate tax breaks, saying in part, “Why wouldn’t we eliminate tax cuts for corporate jets? If you have a corporate jet, you can probably afford to pay full freight, not get a special break.” According to Bolen, “The President’s comments completely mischaracterized the businesses and groups that depend on a [corporate] airplane.”