Gulfstream GV, G450, GIV-SP and Citation CJ3 Join Clay Lacy's Charter Fleet

Clay Lacy Aviation has added a 14-passenger Gulfstream GV, a 14-passenger Gulfstream G450, an 11-passenger Gulfstream GIV-SP and a seven-passenger Citation CJ3 to its nationwide charter fleet of managed business jets.
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NBAA, NATA Seek Clarity on Excise Tax Exemption in Detailed Comments to IRS

While the proposed rulemaking addressed several industry concerns regarding implementation of the exemption, NBAA and NATA requested additional modifications to ensure the final regulations accurately reflect the structure of aircraft management arrangements and are consistent with the congressional intent of the exemption.
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