Looking to fill that ‘keep your plane in your garage’ urge, will if you live in Australia or your “little plane” will make the hop then the Whitsunday Aviation Village in Australia maybe you ticket, but you better hurry.
After several years of planning and red tape the Airport/Community is planned for May 2009 and the lots are selling quick! Not only can you park your plane in the garage, but you reportedly may have John Travolta among other rich and famous as your neighbors.
With piston airplane sales down 28% in the first quarter of 2008 Cessna decided they would do their part to get you in the air! With the strain of high fuel prices, most ‘weekend pilots’ have parked their planes or close to it, but Cessna wants to make sure you can fly…
From now until September 30, 2008 Cessna is offering upgrades to avionics for free and $15,000 worth of free aviation fuel. Combine FREE fuel with the government plan (2008 Economic Stimulus Act) that allow you to depreciate 76% of your plane purchase in the first year if buy it before year end (check with tax advisor or IRS on this one) and hopefully once again you can get back in the air.
Check out Cessna’s website or the IRS on Depreciation
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