We’ve witnessed many changes in the business aviation field since BJT began publishing 10 years ago. What needs to happen in the next decade and what will happen? We asked some seasoned observers to offer their thoughts and predictions. Though recent times have been tough for this business—and for the world economy in general—most of them spoke with great optimism about the years ahead. We published excerpts from their comments in our October/November 2013 issue. Their remarks in full appear below.
Global deliveries of turbine business airplanes increased 7.2 percent in this year’s first quarter over the first quarter of 2013, according to the General Aviation Manufacturers Association. The jump in deliveries will most likely mean a boost to business at centers that perform aircraft completions and refurbishments and companies that provide interior components.
As soon as its first owner departs from the manufacturer’s delivery center, a new airplane technically becomes used (or preowned). For various reasons, however, 10 years after an aircraft’s final production date is generally considered the milestone separating “newer” used business aircraft from “older” ones.
Magician David Copperfield is the highest-grossing solo entertainer in history, with upwards of $4 billion in ticket sales. In collaboration with Francis Ford Coppola, he performed Dreams & Nightmares in 1996, which still retains the Broadway record for most tickets sold in a week. He has won 21 Emmy Awards and holds 11 Guinness World Records. His chiseled face adorns postage stamps in six countries.
There aren’t many small towns that exude the culture and elegance of an urbane city. Perhaps that’s why people flock to downtown Naples, on the Gulf Coast of southwest Florida. Fifth Avenue there is rightly famous for its bistros, high-end clothing and jewelry shops and casually upscale lifestyle. Yet the area’s appeal is also because of what lies immediately beyond and around it: a golf-rich region, with low-lying courses set against a backdrop of untouched native habitats and wetland preserves.
Which of the major bizav access models—charter, jet card or fractional ownership—best suits you? To begin to answer that question, determine which of the statements below apply to you. If more than half of the statements for an access option apply, it could be a good choice. Note, though, that not all statements carry equal weight; the hours you fly annually can trump other factors in determining whether a solution is appropriate.
“"Many years ago, our company founder, Al Conklin, sold a new twin-engine business aircraft to a very successful entrepreneur. He had established a bit of a rapport with the individual and, after the sale, asked him straight out, 'How can you justify the cost of this airplane?' His reply? 'What is the cost of a divorce?'"–David Wyndham, president, Conklin & de Decker”