Conklin & de Decker Releases New Aircraft Financial Products
Aviation research and management consulting firm Conklin & de Decker announced it released two new products designed to make the financial impact of owning and operating a business aircraft less dramatic. One of the products is the company's 2007 State Tax Guide for General Aviation, an annually updated publication covering state taxes and fees imposed on general aviation in the U.S. The other product -- Life Cycle Cost 6.21 -- is a Microsoft® Excel ® based software application the company says provides a comprehensive and user-friendly aircraft cost analysis tool. A one-year subscription to 2007 State Tax Guide for General Aviation costs $275, and includes downloadable updates throughout the year; a single-state version is also available at $75 for the first state, with a 20% discount for each additional state. The Life Cycle Cost software runs $695 for the jets database, $545 for the turboprop or helicopter database and $450 for the piston database.
Conklin & de Decker says its new state tax guide includes details on sales and use taxes, ownership, leases, parts and labor. Also included are registration fees, personal property taxes, jet fuel and aviation gasoline taxes, as well as contact information for the tax and aviation departments in each state. Meanwhile the company says is Life Cycle Cost software reveals vital information about the effects of different assumptions on aircraft ownership and operation. Those assumptions include the type of aircraft, form of ownership and method of acquisition, which are compared with preloaded operating costs. Additional details like specific aircraft models and annual utilization can be user-modified, allowing detailed operating costs analyses to be performed. “This is as close to a crystal ball as you can get, commented Bill de Decker, co-founder of Conklin & de Decker.