Money

April 1, 2007
A few years ago, I was surprised to receive a call from an analyst at UBS, the global financial services firm, who asked me general questions about the used-jet market. Since then, this analyst has broadened his research, and he now regularly polls the players in the field, including brokers and dealers.
February 1, 2007
Like a train pulling out of the station, preowned-aircraft sales chugged at the start of 2006 but gathered speed as the year unfolded. By the fourth quarter, it was full steam ahead and now the sales surge looks poised to roll well down the tracks of the new year.
February 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 Southeast U.S., now and a year ago. Look for price data for other parts of the country in future issues.
February 1, 2007
Longer loans have led buyers to seek more fixed-rate financing.
The current climate for business aviation financing is not what you might expect. In today's market, you may have to wait three or more years for delivery of a brand-new aircraft. Meanwhile, inventories of many pre-owned models are lower than they've been in several years. With so few aircraft for sale, the financing business must be struggling, right? Wrong.
February 1, 2007
You most likely think of a hangar as a place to be rented by the month to protect an aircraft from high winds, hail and paint-blistering sun. Hangars, however, can also be investments, and investment options have grown to include condominium-style arrangements and, more recently, long-term prepaid leases.
December 1, 2006
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, 2006
Lloyd Geist, chief pilot for Jet Management Inc., was standing nearby in an airport terminal when another business jet pilot dropped off his rental car. A customer service rep told the other pilot he'd have to pay $4.75 per gallon to refill the vehicle's gas tank. "That's OK," he told her. "It's not my money."
December 1, 2006
Challenger 604
After a two-year buying spree, business jet sales in 2006 reverted to a more typical cyclical pattern. Overall, sales remained strong, but the year was characterized by ups and downs. We witnessed a lackluster first quarter, followed by a buoyant second quarter and a summer slowdown.
December 1, 2006
Thinking about making your aircraft available for charitable flights? Before you do, be sure you understand the relevant FAA and IRS rules. If you don't, you might wind up needing almost as much help as the charity.

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“"How many leaders actively seek out and encourage views alien and at odds with their own? All too few...Who in your organization serves as your Challenger In Chief? Interrogating the choices you are considering making? Making you consider the uncontemplated, the unimaginable and that which contradicts or refutes your position? And also challenging you?"”

-Noreena Hertz, author of Eyes Wide Open: How To Make Smart Decisions in a Confusing World