FAA Rebate Update – 7/15/2016
As most of the general aviation world has now heard, the FAA recently declared its intention to provide a taxpayer-backed $500 rebate as the best method to incentivize ADS-B equipage. We foresee limited impact of a small rebate program plus more waiting by industry, as we continue to advocate for private sector funding to address full financing for ADS-B and broader avionics upgrades. Without support from the FAA to extend our lowest possible interest rates, the GA Fund will continue to connect pilots with commercial funding available from our partners.
The GA Fund extends best wishes for a fun and productive Oshkosh 2016!
What We Believe:
As the backbone of aviation in our country, general aviation is founded on principles of safety, reliability and FAA compliance. While there is a cost of aircraft compliance with NextGen, we believe that the vast majority of GA aircraft owners are ready and willing to take the next step to a new, safer technology that will increase the safety of flight, and the value and capability of their aircraft.
That’s why we established the NextGen GA Fund with a singular purpose: to provide avionics financing and other programs designed to make the transition easier and a whole lot more affordable.