In July 2025, the U.S. government passed one of the most significant pro-business aviation policies in recent history: the permanent reinstatement of 100% bonus depreciation on aircraft purchases. Linked to the broader “One Big Beautiful Bill Act” – a multitrillion-dollar legislative package passed by Congress in late June – the provision enables companies and individuals to immediately deduct the full purchase price of a new or used business aircraft, as long as it’s used at least for qualified business purposes.
Nowhere to park: Private jets in Europe forced to reposition at huge costs to airlines and the environment
As Europe powers through another busy summer season, the squeeze on airport capacity is being felt particularly sharply by private jet operators. Kevin Singh, CEO of Icarus Jet and a pilot himself,…