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 [...]
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After talking about the NBA lockout and private jets I did some follow up research and found some interesting news related to the NBA and corporate jets. I have actually met and talked with Mark Cuban in Las Vegas in 2007 and he had flown into Vegas on one of his own private jets to [...]
I have been following closely the “Occupy Wall Street” protests going on around the country to see if their protests have reached us here in the area of business aviation. To date, I have yet to see any specific attacks on the industry in spite of the fact that private and corporate jets and a [...]
With the NBA lockout now well past the 100 day mark and no real agreement being seen on the horizon, it makes me wonder about private jets of athletes, owners and others. As talks begin the heat up in the NBA lockout a private jet would be used as a way to get from meeting [...]
We continue to get good news from the industry and this is a trend at the EBACE event in Geneva, Switzerland. The latest in good news comes from VistaJet a Swiss business jet operator. The company announced today at the event that they have an order for 18 Bombardier business jets, which will bring its [...]
I just returned from our nation’s capital in Washington DC. I was recently attending the Points of Light Institutes’s Tribute for President George HW Bush and landing at Dulles I noticed the lack of many corporate jets. It seems that the economy makes it difficult to find the leaders of the country using private business [...]
The whole country was watching the 83rd annual Oscars last night in Los Angeles and I was curious if there was an increase in the number of private jets or corporate jets that flew in or out of the city. It seems that many private jet charter companies increase their advertising and their offerings for [...]
In a report a week ago JP Morgan North American Equity Research analyst Joseph Nadol III indicated that there is a “significant overhang” of pre-owned jets available at attractive prices. This makes for bad news for new jet sales which he described as “anemic”. He indicated that new aircraft sales were continuing to decline and [...]
The new Florida governor is keeping a promise to residents of Florida and is selling off the private jets owned by the state. The newly elected Rick Scott has directed his staff to liquidate the two business jets owned, a 2000 Beechcraft King Air 350, and a 2003 Cessna Bravo. This is seen as a [...]
