Rates Rise for Valuing Personal Use of Employer Aircraft

The terminal charge portion of the Standard Industry Fare Level formula rose to $42.84 for the first half of 2020, compared with $42.46 for the second half of 2019, the Transportation Department said Feb. 6.

For the six-month period starting Jan. 1, the rate for the first 500 miles of travel is 23.44 cents a mile, up from 23.22 cents a mile. The rate for miles 501 to 1,500 is 17.87 cents a mile, up from 17.71 cents a mile. The rate for distances of more than 1,500 miles is 17.18 cents a mile, up from 17.02 cents a mile. ...