» Savings on Private Planes at Sales Show

Savings on Private Planes at Sales Show

By Christina Bohnstengel

AirShowSales

Though there were no gravity-defying air show tricks, nor funnel cake-type fair food, this past weekend in Atlanta saw the Parade of Planes event at Gwinnett County/Briscoe Field. And while there were no “cash for clunker” deals to be had, the savings on models from Beeachcraft, Cessna, and Pilatus were plenty. Promoters like Randy Bolinger, managing director of AMPT Associates, indicated that as much as half of the cost of a new private plane can be written off on 2009 taxes as part of the incentive plan from the Obama administration, which expires at the end of this year. For a $6.4 million Beechcraft, the total savings could be as much as $3.2 million. Prospective customers reportedly showed interest in a Swiss-made Pilatus turbo-prop plane for $4.25 million, a King Air from Beechcraft for $3.2 million, and a Cessna Citation Mustang priced at $2.9 million.

Via The Atlanta Journal-Constitution

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