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AdminSummit Aviation and CARES Act tax incentives bring flyers to private jets
– SPECIAL ADVERTISEMENT –
By Patrick Straub
Domestic and international air travel has changed dramatically as COVID-19 has forced commercial airlines to further adjust the air travel experience. But even as travelers navigate these turbulent times, one small Bozeman-built-and-based company is helping individuals and businesses discover an alternative by educating and expanding private air charter options.
“2020, with all of its challenges, has become an exciting year for private air travel,” said Ben Walton, founder and president of Summit Aviation. “With additional tax savings created by the CARES Act added to the safety and convenience of private air charter, more business and leisure travelers are gravitating away from commercial and going private.”
For those new to private air travel, 2020 is a good year to get on board. The federal CARES Act reinstates the ability for taxpayers to deduct current year losses against the income from prior years, with the added bonus of an immediate tax refund. If a private jet is acquired as a business asset and the taxpayer uses the 100 percent depreciation option, tax refunds can backdate as far as 2015.
Another bonus for private charters is that the Federal Excise Tax and Segment Fees are also suspended throughout the remainder of 2020 and can in some cases apply to future travel booked in 2020. Compared to the relative cost of air travel these savings are small, Walton says, but for businesses looking to prosper in these unique times, they can be an added benefit.
“With COVID-19, we are seeing businesses rethink the typical business trip and opt to keep their employees out of the large commercial jets and extended hotel stays,” he says.
Business owners are seeing the advantage of their employees spending fewer nights in hotels and less time in crowded airports. The added safety and security are major reasons many businesses are discovering private aviation. And leisure travelers are following suit.
Summit Aviation operates one of the largest and newest fleets of Phenom 300s in the country and Walton has watched the fleet take to the skies in constant operation this year. The Phenom 300 is an eight to nine passenger jet and has the reputation as one of the fastest and safest light jets in the air today.
“On any given day we have Phenom 300s flying throughout the country,” he says. “Leisure travelers have added peace of mind because our fleet has one of the highest safety ratings in the United States.”
Leisure travelers looking to escape the rigors of commercial air travel yet are unsure of making the leap to private can use a variety of options. From outright jet ownership or fractional ownership to pre-paying for future use or simply calling and getting price quotes, with nearly two decades of experience, Summit Aviation is a premier aviation service company.
The company’s full fleet of state-of-the-art aircraft, expert staff of 68 charter and corporate pilots, experienced flight instructors, and aviation sales professionals are ready to take you wherever your heart desires. And in style.
Upcoming Events
april, 2024
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Children turning 5 on or before 9/10/2024:
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Children turning 5 on or before
9/10/2024: Kindergarten
enrollment for the 2024-2025 school year can be completed by following the
registration process now.
Children
born on or after September 11, 2019: 4K enrollment is now open for
families that have a 4-year-old they would like to enroll in our program for
the 2023-2024 school year. Please complete the 4K Interest Form to
express your interest. Completing this form does not guarantee enrollment into
the 4K program. Enrollment is capped at twenty 4-year-olds currently
residing within Big Sky School District boundary full time and will be
determined by birth date in calendar order of those born on or after September
11, 2018. Interest form closes on May 30th.
Enrollment now is critical for fall preparations. Thank you!
Time
February 26 (Monday) - April 21 (Sunday)
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Saturday, March 23rd 6:00-8:00pm We will combine the heart-opening powers of cacao with the transcendental powers of breathwork and sound. Together, these practices will give us the opportunity for a deep
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Saturday, March 23rd 6:00-8:00pm
Time
March 23 (Saturday) 6:00 pm - April 23 (Tuesday) 8:00 pm
Location
Santosha Wellness Center
169 Snowy Mountain Circle
Event Details
We all are familiar with using a limited palette, but do you use one? Do you know how to use a
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We all are familiar with using a limited palette, but do you use one? Do you know how to use a limited palette to create different color combinations? Are you tired of carrying around 15-20 different tubes when you paint plein air? Have you ever wanted to create a certain “mood” in a painting but failed? Do you create a lot of mud? Do you struggle to achieve color harmony? All these problems are addressed in John’s workbook in clear and concise language!
Based on the bestselling “Limited Palatte, Unlimited Color” workbook written by John Pototschnik, the workshop is run by Maggie Shane and Annie McCoy, accomplished landscape (acrylic) and plein air (oil) artists,exhibitors at the Big Sky Artists’ Studio & Gallery and members of the Big Sky Artists Collective.
Each student will receive a copy of “Limited Palette, Unlimited Color” to keep and take home to continue your limited palette journey. We will show you how to use the color wheel and mix your own clean mixtures to successfully create a mood for your paintings.
Each day, we will create a different limited palette color chart and paint a version of a simple landscape using John’s directives. You will then be able to go home and paint more schemes using the book for guidance.
Workshop is open to painters (oil or acrylic) of any level although students must have some basic knowledge of the medium he or she uses. Students will be provided the book ($92 value), color wheel, value scale and canvas papers to complete the daily exercises.
Sundays, April 14, 21 and 28, 2024
Noon until 6PM.
$170.
Time
14 (Sunday) 12:00 pm - 28 (Sunday) 6:00 pm
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Come join us at Cowboy Coffee as we celebrate a fun night of drinks, games, and meeting others within the community. This event is from 6-8 and all are welcome
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Come join us at Cowboy Coffee as we celebrate a fun night of drinks, games, and meeting others within the community. This event is from 6-8 and all are welcome to come, if you don’t know who to bring come alone this is a great mixer event! This is an event hosted by Big Sky OUT as we work to provide queer safe spaces throughout the community.
Time
(Sunday) 6:00 pm - 8:00 pm
Location
Cowboy Coffee
25 Town Center Ave. Big Sky, MT 59716