Good News for Business Aviation

A couple of stories out this week should spell good news for business aviation.  First this from the Wichita Eagle news paper stating that,

"A proposal that would double the federal tax break for businesses making capital investments could be a boost for business jet manufacturers.  President Obama is proposing that companies be allowed to deduct 100 percent of the cost of capital investments off their taxes through 2011."

And then this from Aviation Week.com showing progress in Embraer's Florida plant.

Embraer has tapped an aerospace manufacturing veteran to run a new business jet assembly plant it plans to open early next year in Florida.  Phil Krull will become managing director of the Brazilian aircraft builder’s first U.S. aircraft assembly plant. The 150,000-square-ft. facility and paint shop at Melbourne International Airport in Florida is designed to churn out up to eight Phenom 100 business aircraft per month for U.S. customers.

Maybe there is some light at the end of the tunnel!

Eric