Industry sees signs of slow recovery
There have been signs lately that the business aviation industry is experiencing a recovery.

There have been signs lately that the business aviation industry is experiencing a recovery. However, there have also been signs that a true recovery might fall more in the category of wishful thinking.

Early last month business aviation was buoyed by news that the Fiscal Year 2011 federal budget proposal did not include user fees that would have been a most unwelcome burden as the industry looks to a market turnaround. (See article on page 16.) Equally welcome was news that the bonus depreciation tax incentive, a proven buyer’s incentive, remained part of the bill.