July 6, 2022· Covid concerns may be easing, interest rates rising, and the stock market falling, but prospective business buyers of private jets are highly motivated to make their purchases this year because the “free ride” of 100% depreciation in the first year of use, afforded by the 2017 Tax Act, will end December 31, 2022, according to Daniel Jennings, CEO of private jet broker, The Private Jet Company (TPJC). NORTH PALM BEACH, Fla., July 6, 2022 /PRNewswire-PRWeb/ — Covid concerns may be easing, interest rates rising, and the stock market falling, but prospective business buyers of private jets are highly motivated to make their purchases
Increasing Use of Sustainable Aviation Fuel for Private Jets Expected to Motivate More Buyers “The development of Sustainable Aviation Fuel can help reduce solid waste, clean the air, reduce our use of fossil fuels, and lower carbon emissions, but it will also enable aviation to continue to grow on a far more sustainable basis,” said Daniel Jennings, CEO of The Private Jet Company An overview of the development to date of Sustainable Aviation Fuel and implications for the environment and for the market for private and business jet aircraft, according to private jet broker The Private Jet Company. NORTH PALM