“Chicken Supreme” Lives Up to Its Name
I remember when I first saw a Boeing 757: While boarding one in 1983. I was struck by the highly cambered wings; the tall landing gear; the nose, which recalled a Lockheed Constellation; and the pair of big, high-ratio bypass engines, which seemed to produce a gentle hum as opposed to a whine. This was elegance and efficiency in motion mated to a comfortable cabin with plenty of headroom. It was also a welcome change from the 727s that made up my typical airline diet—those ubiquitous, sooty, loud, fuel-guzzling trijets that seemed to be everywhere.
Business jet finance has settled into a predictable—and more sustainable—groove after the mad scramble of 2007 and the deafening silence of 2009. Here are eight realities of today’s market that you need to understand:
The last thing you’d ever call NASCAR Sprint Cup driver Jamie McMurray is a late bloomer. The Joplin, Missouri native began racing at age eight, won his first national go-kart title in 1986 at age 10 and added the World Karting Championship in 1991 at age 15.
A century ago, Nebraska’s greatest novelist, Willa Cather, gave voice to the raw nature and overwhelming scale of the state’s landscape. No one who has ever read her books, O Pioneer! (1913) or My Ántonia (1918), would mistake them for golf writing.
Hindsight is 20/20—and in the fractional-share business, foresight may at best be about 20/1,000. In a market like today’s and with a rapidly evolving product like fractional, even the most seasoned insiders seem to lack a clear sense of what’s next.
“Let me be straight with you. What I'd rather have is an airplane. We just had a third kid. I don't like flying commercial. I like to take my family to Hawaii. When I go east, I'd like to have pilots I know. ”