NBAA Raps President Obama for Latest Comment on Corporate Jets

NBAA president and CEO Ed Bolen condemned “disparaging” remarks about business aviation by President Obama in a presidential debate last night with Republican nominee Mitt Romney. During the debate, Obama called to eliminate some corporate tax breaks, saying in part, “Why wouldn’t we eliminate tax cuts for corporate jets? If you have a corporate jet, you can probably afford to pay full freight, not get a special break.” According to Bolen, “The President’s comments completely mischaracterized the businesses and groups that depend on a [corporate] airplane.”