The Timing Is Right
If aircraft ownership has been on your radar, the timing is right.
The Government of Canada has announced the new Productivity Mega Deduction, expanding the country’s immediate expensing rules to encourage Canadian businesses to invest and grow.
And there’s an important detail for anyone considering private aviation: aircraft are specifically included.
Traditionally, businesses deduct the cost of depreciable assets over time through Canada’s capital cost allowance system. Under the proposed new rules, eligible businesses could instead immediately expense the full cost of a much broader range of qualifying investments in the year the asset becomes available for use.
The measure would apply to most eligible depreciable property acquired on or after September 15, 2026, significantly expanding the range of investments eligible for immediate expensing.
What Could This Mean for Aircraft Ownership?
For businesses already thinking about private aviation, this adds another important consideration to the conversation.
A business aircraft is about much more than getting from A to B. It gives you greater control over your schedule, makes it easier to reach multiple locations, provides access to airports closer to where you need to be and turns travel time into time you can actually use.
Now, the ability to immediately expense an eligible aircraft investment could make the business case for ownership even more compelling, whether considering whole aircraft ownership or Fractional Jet Ownership.
What About Fractional Jet Ownership?
This is where things get particularly interesting, especially because there can be some misunderstanding about what Fractional Jet Ownership actually means.
Unlike charter or jet card programs, Fractional Jet Ownership is true aircraft ownership. When you purchase a fractional share with AirSprint, you purchase an equity interest in an aircraft and hold legal title to your share of that aircraft.
That distinction is important under the new Productivity Mega Deduction. Qualifying aircraft ownership purchases can be eligible for the deduction, while charter and jet card programs do not involve aircraft ownership. For businesses that don’t need or want an entire aircraft, Fractional Jet Ownership offers another way to invest in business aviation while benefiting from the new immediate expensing rules.
With AirSprint, you purchase a share based on how much you expect to fly each year. You receive guaranteed access to your category of jet, predictable costs and fleet flexibility, while AirSprint takes care of the operational side of ownership, including pilots, maintenance, insurance and day-to-day aircraft management.
For businesses considering Fractional Jet Ownership, as well as current Fractional Owners considering an additional aircraft investment, the Productivity Mega Deduction introduces an important new consideration when evaluating future aircraft needs.
Could Now Be the Time to Invest?
The decision to invest in private aviation should always start with what makes sense for your business and how you travel.
But if aircraft ownership has already been part of your plans, the combination of the operational benefits of private aviation and this new tax advantage makes now a particularly interesting time to explore your options.
For Canadian businesses, the proposed Productivity Mega Deduction introduces a significant new consideration when evaluating aircraft ownership. Both qualifying whole aircraft ownership and Fractional Jet Ownership purchases are eligible for immediate expensing. With Fractional Jet Ownership, the purchaser owns an equity interest and holds legal title to a share of an aircraft, distinguishing it from charter and jet card programs that provide access without ownership. For businesses considering an aircraft investment, the new deduction could significantly change the economics and timing of that decision.
Prime Minister of Canada’s Announcement
Government of Canada | Department of Finance Canada News
Canadian Business Aviation Association (CBAA) Announcement
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