Libra Group Places First 25-Unit Order for Beta e-CTOL Aircraft
Libra Group Places First 25-Unit Order for Beta e-CTOL Aircraft

Libra Group Places First 25-Unit Order for Beta e-CTOL Aircraft

News summary

Private aviation is evolving to meet the demands of high-net-worth individuals who prioritize flexibility, convenience, and personalized luxury over mere extravagance, with Airshare leading innovations such as fractional ownership and on-demand jet cards. The introduction of 100% bonus depreciation under President Donald Trump's 2025 tax law has revitalized interest in private jet ownership by allowing companies and individuals to fully depreciate new and used aircraft within the year of acquisition, enhancing private jets as a tax planning tool. Meanwhile, global shifts in private jet markets reflect regional wealth dynamics: China's crackdown on ostentatious wealth has led to a decline in private jet registrations, while India's affluent class is increasingly purchasing private aircraft. Additionally, a subsidiary of the Libra Group has committed to purchasing 25 BETA Technologies ALIA CX300 aircraft, signaling continued investment in new aviation technologies. These developments collectively indicate a dynamic and rapidly changing private aviation landscape influenced by tax policy, ownership models, and shifting centers of wealth.

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