Although some mechanics are qualified to work on only certain aircraft components, airframe and powerplant mechanics (A&Ps) are certified by the FAA to work on every part of a plane, except instrumentation. An A&P performs regular and routine inspection of the aircraft and keeps accurate records and documentation, ensuring compliance with FAA regulations. A&Ps are [...]
In 2011, owners and operators of private aircraft participated in many charitable activities and organizations. Find some inspiration for 2012 from these accounts of philanthropy. In Chandler, Ariz., John and Diana Walkup of Chandler Air Service hosted their 20th Annual Toys for Tots Hangar Party. At the Dec. 9 party, more than 1,500 [...]
When it’s time to sell your aircraft, reaching out to and working with several agents means more promotional opportunities for your jet, which results in more prospects, and a faster sale — right? Not necessarily. Although it may seem counterintuitive, listing your aircraft with multiple brokers doesn’t speed up the sales cycle, and in fact, [...]
The year-end holidays are often a busy and hectic time. Whereas many people have the luxury of taking vacation or simply cutting back on work hours at the end of the year, most executives must continue to see to the demands of running their businesses while trying to carve out precious hours for family and [...]
The slow and bumpy market recovery for business aircraft is expected to continue into the next decade, according to a report from Forecast International, a Connecticut market research firm. Sputtering U.S. and European economies have forced demand for business jets lower than the rising demand for private aircraft in the Middle East, Brazil, Russia, India [...]
If the need for a private jet in the day-to-day operations of your business is obvious, the next step is determining whether you should buy one outright or invest in fractional ownership. Your course of action ought to depend upon how frequently you would use the aircraft, your corporate budget and the available aircraft. Full [...]
It’s always fun to think about the innovations and advances that will happen in the aviation industry. Especially in the design of corporate jets. In November, Jeff Burger wrote a compelling commentary that practically begs for a reinvention of the corporate jet. He was opining about how the creativity and vision of the late Steve [...]
Once grounded by a skydiving economy, private jet travel is slowly but surely returning to its rightful place in the world of business. Commercial airlines: More expensive, less convenient Major airlines are raising airfares and reducing routes, and travelers are encountering ever longer security lines and more delayed flights. These factors, combined with the savings, [...]
November has been an important month in business aviation. Growing markets in the BRIC countries (Brazil, Russia, India and China) as well as changes to U.S. appropriations affect the industry significantly. Also, the private jet community pays homage to an incredible leader, Teddy Forstmann. New Association to Support Growth in Chinese Private Aircraft Market The [...]
It’s not just your imagination: Sales of pre-owned aircraft have climbed and inventory has shrunk. JetNet reports that pre-owned business aircraft sale transactions between January and July increased 11.2 percent compared with the same seven-month period in 2010, and turboprop sales increased 3.7 percent. Pre-owned inventories continued to decline gradually in July, to 13.7 percent [...]
