Purchasing an Aircraft in 2012 Just Makes Sense

Greensboro, NC September. 18, 2012 - In today's market, low time, well maintained jets can be purchased for as little as half the cost of a new jet. A pre-owned Citation Jet three years ago would cost around 1.8 million and in today's market can be purchased for as low as 1.3 million, a 40 percent savings.

If you are looking to upgrade to an aircraft that better fits your budget, or a newer aircraft that will provide more capability, lower maintenance costs, and better reliability, then now is a great time to buy.

Another great incentive to buy is the 50 percent bonus depreciation deduction. By integrating your aircraft into a trade or business, you can generate tremendous tax savings by deducting your aircraft operating expenses, in addition to 50% of the purchase price of the aircraft in 2012. To qualify for bonus depreciation you must: Purchase and place in service a new business aircraft in 2012 Aircraft held as demonstrator by factory or dealer will qualify as new aircraft Acquiring an existing position in the market place for an aircraft that will deliver in 2012 can qualify for bonus depreciation. A new aircraft delivery in 2013 can qualify for 100% bonus depreciation and can be taken on 2013 income tax return, if the following requirements are met: Signing a binding contract to buy a new aircraft by December 31, 2012. Making a non-refundable deposit of the lesser of: 10 percent of the cost, or $100,000.00 The aircraft should have an estimated production period exceeding 4 months The cost of the aircraft exceeds $200,000.00 Taking delivery and placing the aircraft in service for Part 91 operation by December 31, 2011

"There is good inventory in the open market and great deals on pre-owned and new aircraft. It is predicted that the rise in corporate jet sales will reach all time new levels in the next 10 years. Once considered a luxury has now become an acquirable asset both for business and private parties alike”. Andy Profit, Aircraft Management Services, Stokesdale, North Carolina. To find out more about Aircraft Management Services, please contact Lee Boyd at 336-587-9431 or visit aircraftmanagementservices.com.