An article in Forbes Magazine on April 23, 2020 – entitled “How To Fly By Private Jet In A World With COVID-19” – provides useful information for business leaders on using private aviation companies versus commercial airlines. The owners of private jet firms throughout the country are highly confident that many businesses will find it more efficient to fly privately, without the exposure to large numbers of travelers and fellow passengers in larger aircraft. Sales of business jets will likely increase in the coming months as demand for their services rises from corporate and leisure travelers. The costs for commercial flights are expected to increase, while the number of available flights may take some time to return to pre-COVID-19 levels – if ever.
In addition, an April 30, 2020 article by the International Aircraft Dealers Association (IADA) pointed to the CARES Act reinstatement and extension of net operating loss (NOL) carryback. This regulation could enable some buyers to purchase an aircraft in 2020, take an income loss through 100 percent bonus depreciation, and receive a refund on taxes paid for income for years dating back to 2015.
An April 29, 2020 article published by the Aircraft Owners and Pilots Association detailed how airport administrators can access a variety of resources available to answer questions about securing their share of funding from the $10 billion allocated to airports under the Coronavirus Aid, Relief, and Economic Security Act.
Even as this current situation resolves itself, many people may have evolved in their perception of air travel, and now may feel less comfortable traveling in commercial flights. For flights that take under a few hours, some business owners – or families with some disposable income – might find it more appealing and efficient to either book a private flight, or purchase a small aircraft and become licensed to fly themselves.
This evolving scenario could point to an increase in production and sales of smaller aircraft of all types, whether personal or corporate and a rapid demand in hangar space.
This sudden demand is where Surface Technology, Inc. can help.
Construction activity is on the rise for both new hangars, as well as renovation of existing facilities. Surface Technology has decades of expertise in the installation of aerospace, aviation, and aircraft hangar flooring. Every flooring system we install in aircraft hangers is custom-designed with the appearance and performance properties perfect for that facility’s needs and budget.
Surface Technology, with over 30 years of experience in the aviation industry, is well regarded in the Aerospace, Aviation & Aircraft Hangar industry for our customized, industrial flooring solutions, designed specifically for aircraft manufacturing, hangars and aviation support activities. Our clients have included Boeing, Northrup Grumman, Ball Aerospace, Northstar Aerospace, Bigelow Aerospace, Vertex Aerospace, Aero Services, Ltd., EASC-Zodiac Aerospace, and many others.
We have successfully installed over 50 million square feet of high-performance flooring since 1988. Our highly skilled epoxy techs average more than 20 years of experience installing resinous floor systems – the highest in the industry.
We can complete projects anywhere in the United States. We work with airport associations, building owners, design-build firms, construction management firms, and general contractors to provide flooring solutions for aviation facility projects ranging in size from 3,000 to more than 1,000,000 square feet. We are fully qualified to handle industrial floor coatings in Divisions 7 and 9 of the CSI MasterFormat® list. Surface Technology is bonded up to $2 million.
When you need a beautiful, long-lasting flooring system for your aircraft hangar or aerospace facility, Surface Technology gets it done right. We specialize in visually attractive yet highly functional flooring systems that incorporate aviation-specific performance capabilities.
Our seamless epoxy and polyurethane flooring systems are designed specifically for aircraft hangars and aviation support activities to provide:
- Impact resistance
- Water resistance
- Chemical resistance
- Abrasion resistance
- Slip resistance
To discuss your potential hangar renovation or new construction project, or to schedule a free site visit, call: Michael E. Greenblatt, President, directly at 717-203-1655 or email firstname.lastname@example.org.