Depreciation for aircraft for federal tax purposes have a variety of various schedules, depending on how the aircraft is used. That is for most part 91 business aircraft operations, the applicable time period is either going to be a 5 and a half year MACRS period or a 6 year straight line. In contrast, for aircraft predominantly used for charter operations, the aircraft depreciation life is generally either a 7 year MACRS or a 12 year straight line depreciation schedule. Yes, if an aircraft is going to be predominantly used for charter operations, it will affect the timetable for depreciation. If you move your aircraft onto a charter ticket after you’ve already been using it on a 5 and a half year schedule, you may also have depreciation recapture to move to the appropriate Part 135 (is what we commonly refer to it) schedule, in order to make sure that you are applying the appropriate depreciation timetable on your federal tax return.