Money

November 17, 2011
Warren Buffet, CEO of Berkshire Hathaway
Third-quarter pretax earnings at Berkshire Hathaway’s “other services” division, which includes FlightSafety International and NetJets, climbed 15 percent from the same quarter last year, to $281 million.
November 15, 2011
Cabotage Caveats
Sports fans panicked a couple of years ago when the Department of Transportation, the FAA's parent organization, ordered a charter service run by Air Canada to cancel sports-team flights in the U.S.
October 1, 2011
One of the first things you hear about when you begin using business aviation in the U.S. is the mysterious but important distinction between Part 91 and Part 135 operations. Many people still think about the difference in simplistic terms: Part 91–good; Part 135–bad. The facts are considerably more complicated.
October 1, 2011
If the super computers that some blame for Wall Street’s recent wild swings were used to trade aircraft, it’s likely they would be programmed to buy right now. But aircraft purchases and sales still occur the old-fashioned way, which can involve deal-stalling high emotions and conflicting personalities.
August 1, 2011
Activity in the preowned market continues unabated, yet at a measured pace. In fact, inventory levels are now about where they were in October 2008 (and climbing for almost a year), when the calamity on Wall Street reverberated around the globe and dealt a devastating and unprecedented blow to the new and used aircraft business.
August 1, 2011
Chartering your own aircraft can help you save on sales and use taxes and, in
You wouldn't think of buying a house and then renting it to yourself. Why would you ever want to charter your own aircraft?
July 1, 2011
Veteran business jet users and first-time buyers alike have snapped up outsta
One of the first consequences of the 2008 Wall Street meltdown was the overnight disappearance of capital. At the time, many aircraft lenders still proclaimed that they were "ready to do deals," but often they lacked the financial horsepower to deliver on that promise.
July 1, 2011
When BJT's 2010 Buyers' Guide appeared a year ago, all signs suggested a shift toward an aviation insurance market characterized by increasing premiums, restricted coverage availability and more rigid underwriting criteria.
July 1, 2011
Adding more ­passengers can sometimes make travel by business jet even less e
What does it really cost to fly privately and how do those expenses compare with the price of airline travel? BJT computed the roundtrip cost of a New York-to-Paris trip for four passengers via airline first class and via a wholly owned and chartered Gulfstream 550.
June 1, 2011
The Federal Aviation Administration recently changed the rules that determine when executives may pay for flights on their company aircraft.

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Quote/Unquote

“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. ”