Category: Private Jet Travel

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Private Jet Flying Climbs To Highest Level Since 2008

Business aircraft activity last month climbed to its highest level since 2008, rising 1.8 percent from a year ago, according to TraqPak data released yesterday by aviation services company ARGUS. Argus TraqPak data provides “serial-number-specific aircraft arrival and departure information on all IFR flights in the U.S. and Canada.”

Jet Linx soaring into Atlanta, Houston and St. Louis

Jet Linx has landed in three new markets ¬- Atlanta, Houston and St. Louis. Our Atlanta facility is open for business, in a space that boasts easy access to your jet on the tarmac and includes meeting rooms, luxury lounge areas and Wifi. President Todd Spangler and his Client Services team are ready to help you plan your next private flight from DeKalb-Peachtree Airport!

J.P.Morgan: Some Improvements Seen in Private Jet Market

Demand for private jets is far from robust, but at the margin some developments suggest improvement,” J.P. Morgan aerospace analysts said in their latest business jet monthly update, released Sept. 10. Among these positive developments, U.S. flight operations climbed 4.7 percent year-over-year in July, which the investment firm said is the best result since May 2011 and the fourth consecutive month of year-over-year growth.

Jet Linx St. Louis Begins Flight Operations at Lambert International Airport

Because of the improving economy, lower pricing and increased demand from corporations, private jet travel is growing nationally. The FAA estimates that the number of private jets and hours flown have increased by over 10% since 2008. St. Louis is benefitting from this trend with the launch of Jet Linx at Lambert-St. Louis International Airport.

IRS Issues Final Rule on Use of Private Jet Aircraft for Entertainment

After five years in a proposal format, the IRS issued a final decision on the regulation for tax deductions for non-business, “entertainment” use of private jet charter aircraft. The IRS ruled in favor of disallowing tax deductions including variable costs, such as fuel and landing fees, and fixed costs such as depreciation, hanger fees and pilot salaries.