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CITATIONAIR GUARANTEES TWO YEARS OF FLYING FREE OF THE FEDERAL EXCISE TAX
CitationAir is offering customers purchasing a new Jet Card a chance to take advantage of the sunsetting of the FAA legislation which provided for the collection of the 7.5 percent Federal Excise Tax (FET) and other taxes. If customers purchase a minimum of $100,000 on a new, non-refundable 24 month Jet Card, all flying will be FET-free for up to two years.
The FET, which funds the Federal Aviation Administration, expired July 22, 2011, and has not been reinstated by Congress, effectively providing a 7.5 percent discount on purchases for a limited time. Whether or not FET is reestablished or is collected for travel occurring after its enactment, CitationAir is guaranteeing to the customer FET-free flying for up to 24 months.
“The chance to save, in effect, 7.5 percent on flying with an unparalleled, first-class private aviation company is a can’t-miss opportunity for all people interested in private jet travel,” CitationAir CEO Steve O’Neill said. “We are thrilled to be able to provide our customers – new and existing – the ability to take advantage of this unique opportunity.”
Significant volume discounts are also available for larger volume commitments. All FET-free flying applies only to a new Jet Card for which payment is received before Congress reinstates the 7.5 percent FET, which can happen at any time.
For more information on this promotion, visit www.citationair.com/Programs/Promotions or call 1-877-MY-CITATION (1-877-692-4828).
CitationAir is an industry leader offering individuals and businesses the advantages of private jet travel through its innovative programs, including Jet Card, Jet Access, Jet Shares, Jet Management and Corporate Solutions products. CitationAir flies Cessna’s popular Citation aircraft exclusively—the Citation CJ3, Citation XLS, Citation Sovereign and Citation X—which are serviced and maintained at the factory-level. CitationAir operates one of the youngest fleet of aircraft in the industry by highly trained pilots, setting the standard for superior customer service. CitationAir’s parent company is Cessna Aircraft Company, a Textron (NYSE: TXT) company. More information about CitationAir and its offerings are available at www.citationair.com.
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