In an op-ed piece, NBAA president and CEO Ed Bolen challenged the Washington Examinerâs âmischaracterizationâ of long-standing tax deprecation policies on the purchase of business aircraft as a âloophole.â âSome in Washington are trying to score political points by characterizing business aviation as a convenience, or even a luxury, rather than a necessary tool for competitiveness,â Bolen said. âIn fact, for businesses, an aircraft is as much a necessity as a computer. Thatâs why when a company buys its own aircraft, it depreciates in the same way as other comparable business investments, including cars, trucks, bulldozers and computers.â