All the Income Taxes Pilots Must Pay to the IRS Thought your taxes were complicated before? Light aircraft ownership tangles them further. Here are three things you need to know as a pilot. Paying income taxes is like sitting in a traffic jam: We all have to do it occasionally, even if we don't quite understand why. In one survey, 57 percent of Americans confessed to feeling confused about the tax code. A few things can make it [...]

Review the Year of 2018 with These Aviation Stories Last year was a whirlwind and a game-changer for the aviation industry. Here's a round up of our favorite stories from last year. Now that we've crash-landed into 2019 we can reflect on the year that's come and gone. The aviation industry is a constantly evolving entity, moving in waves with the ever-increasing need for people to travel to every inch of the world. No stone is uncovered. 2018 [...]

Individuals Owning a Light Jet May See Their Tax Returns Change Do you try to use employee business expenses to offset costs? Not anymore. Here's what you need to know about writing off expenses as a light jet owner. Purchasing a light jet isn't as simple as signing on the dotted line and taking to the skies. You must consider how you intend to use the jet and what that will imply for your taxes. Ultra-high net worth [...]

Would You Buy an Electric Jet? You May Soon Have the Option An electric jet traveled around the world in 2016, but will the market adopt them? Here's how the market changed in 2018. Ever since Heino Brditschka flew for nine glorious minutes in his Militky MB-E1 electric battery powered plane, there have been high hopes for an electric jet. Well, 45 years have passed and it seems like just another fun aviation fact. But finally, it seems that one [...]

Choose One of These Five Airports in Europe for Your Next Trip Travelling to or around Europe on your own plane? London is the best place to land. Discrete, private landings can be hard to come by in some of Europe's most famous airports. Some are not qualified to land private planes or have way too much air traffic to do so, so if you're a first time aircraft owner or are simply flying on a private jet for [...]

Tier 1 Engineering announced today that they have set a Guinness World Record for the farthest distance traveled by an electric helicopter. The battery-powered manned Robinson helicopter achieved a record 30 nautical mile flight to 800 feet altitude with an average speed of 80 knots on Friday, December 7th.  The helicopter was a modified Robinson R44 test piloted by Captain Ric Webb of OC Helicopters. All flights were accomplished at the Los Alamitos Army Airfield under a special airworthiness certificate in the experimental [...]