Just a few of the important aviation stories in the news this week. Consistent Improvement in Pre-owned Aircraft Market The numbers keep demonstrating that the private, pre-owned aircraft market is slowly regaining ground. Inventories fell, number of transactions increased and days on market decreased in February 2012. Lasers a Growing Concern Put the laser down. [...]
The average private aircraft found in North America is a relatively modest affair, with neutral, somewhat predictable interiors. It’s not surprising that the elite aircraft owners in Asia expect their private jets to reflect their own unique cultures. Manufacturers are geared up to meet the needs of the growing and diverse Asian clientele. Asian cultures, [...]
Many manufacturers have high hopes pinned on ballooning demand for private aircraft in countries throughout Asia, especially in China. While the demand for jets is certainly there, and a growing number of high-net-worth individuals can afford them, one essential aspect of a thriving aviation industry is missing: adequate infrastructure. Here are just a few obstacles [...]
Industry analysts project $40 billion of private aircraft sales coming from the Asian market over the next 10 years. So what does this increased demand mean for both new and pre-owned aircraft industry? It’s important to note that the current status of the global private aircraft market is not necessarily an indicator of where it’s [...]
You can’t go anywhere in the aviation business world without stumbling across “China,” “jets” and “expansion.” So it’s really no surprise that Cessna signed a couple of agreements this week, developing relationships with Aviation Industry Corp of China (Avic) and the municipal government of Chengdu. One of the agreements outlines a joint venture for manufacture [...]
Any serious discussion about the future of private aviation has to factor in the explosive growth of Asia’s economic wealth. Asia is expected to contribute $40 billion in private aircraft sales over the next 10 years. China takes center stage China is driving much of the demand for private aircraft. In 2011, the number of [...]
Charles Lindbergh relied on the credit of several St. Louis businessmen to raise the capital for his dream plane, The Spirit of St. Louis, back in 1927.The numbers are much higher now, and most individuals and businesses still finance their aircraft purchases. A few weeks ago, we reported in Corporate Jet Insider about the potential [...]
Flying isn’t just the most convenient and fastest way to travel for business — it’s also the safest. Christine Negroni reports in Executive Travel on safety protocols on airplanes: “From the plane seats to the cabin air to the course and altitude of the flight, every decision in commercial aviation comes after careful consideration of [...]
A recent outcry about Xcel Energy, a leading utility company that operates in eight states, reminded the American public of the day back in November 2008 when the executives of the Big 3 auto companies flew private jets to Washington, D.C., to request an immense taxpayer bailout. Xcel Energy just asked for a $142 million [...]
No one enjoys the helplessness of feeling sick, but when traveling — particularly overseas — sudden illness can be problematic and potentially dangerous. Fortunately, Private Jet MD offers comprehensive services to keep you safe when a variety of troubles occur. Ensuring your health and safety 24/7 For a low monthly membership fee, Private Jet MD [...]
