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Old 22nd Jul 2019, 04:53
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Squawk7700
 
Join Date: Apr 2005
Location: Melbourne
Posts: 2,220
I was told by an airline pilot friend that owner/pilots in the USA, get significant tax breaks for owning their aircraft. Supposedly they only have to attend and display in at least one airshow and in return, they can depreciate their aircraft and claim expenses against it. Iím talking big expenses such as on ex-fighter jets, DC 3ís and the like...

If this is correct, which I would assume it is, Iíd be interested to know if thatís contributing to the boom and if so, how it works.....

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