Upgrading Your Aircraft with Winglets: Performance Boost and Tax Benefits
Aviation Partners
Aviation Partners is the world leader in the design, production and marketing of advanced winglet systems.
One of the most popular and impactful aircraft modifications available today is the addition of winglets. Not only do they offer immediate flight benefits, but also tax advantages that can help offset the upgrade investment.
The cost of adding winglets to your aircraft can be substantial, but it’s important to remember that this kind of upgrade is considered a capital improvement. According to IRS guidelines, capital improvements – such as upgrades to your aircraft – can be depreciated immediately or over time, with both cases reducing your taxable income.
We collaborated with our friends at Aviation Tax Consultants on how to take full advantage of these tax deductions. Learn how winglets are a smart investment and read more about the tax advantages here.