Business Jet Useful Life

The value life cycle of business jets author.

Business jet useful life. Duncan aviation s aircraft sales acquisitions reduces the confusion and stress of buying and selling used aircraft transactions by managing the entire process for you. Useful life refers to the estimated duration of utility placed on a variety of business assets including buildings machinery equipment vehicles electronics and furniture. Paramount business jets pbj acts as agent for client in the marketplace and does not operate or own aircraft.

They give the lie to many business accounting and tax assumptions concerning the useful life of business jets. Estimating an asset s useful life is very important. Aircraft depreciation residual values and useful economic lives have shifted in the past 35 years says iba widebodies have exhibited a weaker value performance beyond 18 20 years which tends to.

7 31 2013 4 57 37 pm. The tricky issues in recording depreciation are estimating the asset s useful life and choosing an appropriate rate of depreciation. As for example in a military application the jet aircraft with the longer predicted blade life can be utilized for more stressful missions such as air to ground missions while the aircraft having a blade closer to the end of its useful life may be scheduled for less stressful operations such as air coverage at which it is likely to be at a.