Congress has approved a tax break in the Stimulus Package to help businesses buy planes.
Rep. Todd Tiahrt, R-Goddard, says "This is exactly the type of financial incentive that should be included in a stimulus bill". The plan reduces the upfront tax bill for companies who buy corporate assets such as planes.
"We think it's time the other side of the story be told and that support be given to those businesses with the good judgment and courage to use business aviation to not only help their businesses survive the current financial crisis, but more quickly forge a path toward an economic upturn," Cessna Chief Executive Jack Pelton said in a news release.
Cessna is planning to launch an ad campaign squelching the idea that business jets are a luxury. Cessna said the campaign will begin with "pro-business theme" advertisements in national business newspapers and magazines as well as aviation trade publications.


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