President Donald Trump signs the One Big Beautiful Bill Act on the South Lawn of the White House. [Credit: The White House]
Key Takeaways:
President Donald Trump signed a law reinstating 100% bonus depreciation for qualified business aircraft, effective for property placed in service on or after January 19, 2025.
This permanent provision allows businesses to fully deduct the acquisition cost of new and pre-owned eligible aircraft in the year they are placed in service, reversing previous phaseout schedules.
The measure is supported by industry groups for its potential to stimulate aircraft sales, support jobs, and improve business cash flow, though businesses must meet strict IRS business-use requirements (at least 50%) and strategically assess its impact on their balance sheet and financing.
President Donald Trump signed into law a sweeping tax-and-spending bill on July 4 that reinstates 100% bonus depreciation for qualified property, including business aircraft.
The provision, effective for property placed in service on or after January 19, 2025, restores full expensing for both new and pre-owned aircraft used in business under IRS guidelines.
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Bringing over 10 years of aviation experience and multiple years in finance, Keller Laseter combines both of those skills to be FLYING Finance’s CCO. His leading knowledge in all categories and classes of fixed wing aircraft helps guide you through the finance process with ease and will leave you knowing you’re in great hands. Keller holds type ratings in the Beechjet 400A/XP/NXT, Embraer E-175 and has many hours in King Airs, along with other high-performance aircraft. Throughout his career, he’s had the opportunity to enjoy the world of aviation and many different operations. As an ATP, CFI, and CFII, aviation is in his blood.
