Money

October 24, 2015
Illustration by John T. Lewis
It’s no secret that the FAA and IRS approaches to business aviation differ in important ways. This cleavage is especially evident in their respective treatment of related or affiliated groups of companies.
October 11, 2015
Angel investing—buying stakes in newborn companies—can produce substantial returns, but you’ll have to take on considerable risk to have a shot at those profits.
September 20, 2015
Bombardier Challenger 300
The large number of new aircraft entering service in the next few quarters heralds further downward pressure on preowned-airplane prices.
September 16, 2015
BJT readers—who represent one of the highest-net-worth magazine audiences anywhere—clearly have the means to contribute to a better world. To help you do that, we’re spotlighting deserving organizations in every issue.
September 16, 2015
Cecil the Lion
BJT readers—who represent one of the highest-net-worth magazine audiences anywhere—clearly have the means to contribute to a better world. To help you do that, we’re spotlighting deserving organizations in every issue.
September 7, 2015
(illustration: John Lewis)
Business aviation is regulated and watched by an alphabet soup of government agencies—FAA, IRS, DOT, SEC, state authorities and others—that don’t see eye-to-eye on key issues. A January 2015 federal District Court decision illuminates an excellent example: the disagreement between the IRS and FAA over who is providing transportation to whom.
August 30, 2015
Hands holding piggy bank
How should you talk to your kids about money? All parents face the question of how to raise financially literate and responsible children, but affluent families encounter special challenges. The key is starting early—perhaps even as soon as when your child receives his first tooth-fairy dollars.
August 16, 2015
Bombardier Global 6000
Prices have been coming down on preowned jets, so it may be worth investing in your own aircraft if you’re flying often enough with a jet card or fractional-share program.
August 9, 2015
A wounded war vet and an inmate with a dog from Puppies Behind Bars.
Puppies Behind Bars trains prison inmates to raise service dogs.
July 5, 2015
Buyers who face long waits for a new airplane may consider leasing on a short-term basis. (Illustration: John Lewis)
An aircraft buyer waiting for delivery of his new Gulfstream G650 once complained that the manufacturer “wasn’t promoting instant gratification.” Who could blame him? The scheduled delivery was eight years away. With a wait like that if you don’t have another aircraft that you don’t mind flying for the better part of a decade, you might as well buy one to tide you over.

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Quote/Unquote

“"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”

-David Wyndham