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NATIONAL BUSINESS AVIATION ASSOCIATION • focusNew NBAA Guide on Flight Expense Reimbursement Valuable to Owner-OperatorsReaders of Twin & Turbine who use small aircraft to use the rules in FAR Section91.501 for large and turbine-powered multi- engine aircraft, for certain specified operations.Also included in the handbook is an easy- to-read and comprehensive Reimbursement Summary Table for both private and commercial pilots, which makes it easy to look up the reimbursement regulations covering the type of flight and reimbursement, and by whom that is allowed by the FARs.NBAA Members can get their copy created by the NBAA Tax Committee by going to the website to download a pdf, at www.nbaa.org/ admin/options/reimbursement.Even if you are not currently an NBAA Member, you can request your free copy of the Handbook by visiting, www.flyforbusiness. org/reimbursement, and signing up to receive the product. mtheir aircraft for business can benefitfrom a new NBAA resource on the reimbursement of flight expenses.It’s essential reading for any owner-pilots who operate a business aircraft, and the latest in NBAA’s ongoing pledge to provide resources to support Light Business Airplane (LBA) operators.The new 15-page guide, NBAA Reimbursement of Flight Expenses for Owner-Pilots Handbook, is intended to help NBAA Members understand the accommodations and limitations that the Federal Aviation Regulations (FARs) allow for both private and commercial owner-pilots, including requirements relating to humanitarian or non-profit flights.“The regulations governing expense reimbursement can be difficult to understand and will vary depending on the level of pilot certificate held and the certification of the aircraft operation,” explains Mike Nichols, NBAA’s vice president of operations, education & economics.“This guide provides much-needed clarity on the regulations and legal interpretations covering reimbursements of flight expenses, such as airplane fuel costs, which is particularly important to owner-operators,” Nichols says.In fact, the guide helps owner-operators save time and money by providing step-by-step information that shows you how to gain the maximum federal reimbursement cost benefit from your airplane when you fly it for busi- ness purposes.Commercial pilot privileges and limitations are also covered in the handbook, as is NBAA Exemption 7897, or the Small Aircraft Exemption, which allows entrepreneurs flyingJANUARY 2012 TWIN & TURBINE • 21