Money

February 1, 2008
Since a $10 million jet is as much work for a bank as a $40 million one, the
Uncertainty about aircraft values in the current market poses a major challenge for the companies that finance their purchase. For many new aircraft, the wait for outfitted delivery is as long as five or six years. This backlog puts a lot of pressure on the pre-owned market, where inventories for some models are at all-time lows.
December 1, 2007
Preowned Aircraft Annual Report 2007
Like sharks hunting for fresh blood, business jet buyers in 2007 used brokers as sonar to zero in on their hard-to-find prey. Then, early in the acquisition process, some customers tended to over-negotiate, not fully grasping how rapidly the market was changing. Consequently, they let their quarry slip away and once again found themselves swimming against the current.
December 1, 2007
Learjet 35A
Since 1963, when William Lear's Model 23 Lear Jet had its first flight, manufacturers have turned out thousands of business jets. Most of them are still flying. They give the lie to many business, accounting and tax assumptions concerning the useful life of business jets.
December 1, 2007
What you'll pay for air charter varies not only by aircraft type and model but by region. Here are the average per-hour rates for popular aircraft nationally and in the Northeast U.S. now and a year ago. Look for price data for other parts of the country in future issues.
December 1, 2007
Proposed regulations on deductions for entertainment use of business aircraft, issued by the IRS in June, are meant to help aircraft owners comply with changes to the Internal Revenue Code that were introduced in the 2004 Jobs Act. Those changes disallow tax deductions if certain top executives, called "specified individuals," use the aircraft for "entertainment."
October 1, 2007
After the recent capitulation in the equity market, an asset manager who is in charge of preserving his boss' capital was taking the temperature of the aircraft business. He was doing so at least partly because he saw a correlation-though admittedly not a clear or definitive one-between the appetite for corporate jets and the overall health of the economy.
October 1, 2007
What you'll pay for air charter varies not only by aircraft but by region. Here are the average per-hour rates for popular aircraft nationally and in the Southwest U.S., now and a year ago. Look for price data for other parts of the country in future issues.
August 1, 2007
Bigger isn't always better, which is one reason many attendees like the European Business Aviation Convention and Exhibition (EBACE), which takes place in Switzerland each May. They see it as a scaled-down version of the National Business Aviation Association (NBAA) convention that is held annually in the U.S.
August 1, 2007
What you'll pay for air charter varies not only by aircraft but by region. Here are the average per-hour rates for popular aircraft nationally and in the Northwest U.S., now and a year ago. Look for price data for other parts of the country in future issues.
July 1, 2007
Don't leave home without it-not if you want simple, guaranteed access to a business jet at a reasonable hourly rate. That's the pitch that has driven the rapid growth of jet card programs. Almost a dozen national companies, including the major fractional and charter fleet providers, now offer these cards. Numerous smaller charter companies also provide jet cards.

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Quote/Unquote

“I have an obligation to get you to your destination. You have an obligation to pay. What else is there? We don't need 24 pages of legalese.”

-VistaJet founder and chairman Thomas Flohr, on the company's unusually brief, easy-to-understand contracts