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At the end of March,
state lawmakers passed a bill that will eliminate sales tax on purchases of private jets, effective September 1.
Planes must carry less than 20 people and be owned by individuals residing in New York. The tax break, which will facilitate New York state residents' ability to purchase an airplane without the onus of additional tax liability, is intended to boost the economy in the state and help the aviation industry. For more information on how you can benefit from this new legislation, please visit our website today.
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Saturday May 2, 2015 is the 141st Kentucky Derby.
The gates open early, at 8 AM, and the first race has a 10:30 AM post time, so it is best to fly in the night before to one of the nearest airports, either
Louisville International or Bowman Field
.
Whatever you do, be sure not to miss the Kentucky Derby at around 6:24 PM. To reach this race, the horses have traveled the Road to the Kentucky Derby, which consists of 35 races at tracks across the world. The top four finishers in each race receive points, and only the 20 that complete the set with the most points win a place in this prestigious race.
If you have never been before, make sure you do not miss yet another year. Charter your plane as soon as possible and buy tickets to secure your place - both reserved seating and general admission are limited and often sell out fast.
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| NBAA Regional Forum in Teterboro |
Held in some of the best airports and fixed-based operators (FBOs) around the country, the
next NBAA Regional Forum will take place in Teterboro, New Jersey, on June 25.
This one-day event is your opportunity to meet current and prospective aircraft owners, operators, manufacturers, and industry personnel, view exhibits and static displays of aircraft, and attend educational sessions, all of which will help you make better decisions about choosing a plane for personal or business use.
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With the new tax break, there has never been a better time to think about purchasing a private jet. Contact us to start your search for the ideal plane or to charter one for the Kentucky Derby or to attend the
NBAA
Regional Forum to learn more about models you may like to own.
Sincerely,
Peter Cuomo
Aircraft Services Group
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