Companies Can Receive Tax Benefits Before Year-End On Business
The NBAA has added its voice to those praising President Obama
for signing into law legislation that includes a provision for
"bonus depreciation," to accelerate cost recovery of strategic
business purchases this year, including business aircraft. Obama
signed the bill Monday afternoon.
Company Expects Cruising Speeds North Of 220 Knots
Eurocopter has begun test flights of the X3 demonstrator for its
innovative High-speed, long-range Hybrid Helicopter (H3) concept,
which combines vertical takeoff and landing capabilities with
cruise speeds of more than 220 kts.
The 500th tail section for the Gulfstream GV/G550 program was
handed over on September 20th to representatives of Gulfstream
Aerospace Corporation. This delivery is regarded by both companies
as a milestone.