Business Jet Traveler » April 2008

April 1, 2008
The Cessna 525 CitationJet that crashed in West Gardiner, Maine, on February 1 was owned and flown by Silicon Valley entrepreneur Jeanette Symons, an instrument-rated private pilot. The crash killed Symons and her 10-year-old son.
April 1, 2008
Farnborough, UK-based business aircraft operations company Gama Holdings purchased PrivatAir Inc., the U.S. division of PrivatAir Group, in March for an undisclosed sum. Gama also bought 25 percent of Flight Services Group, which provides charter services to the former PrivatAir management clients in the U.S.
April 1, 2008
Eclipse has revamped its production line and doubled output, but it still tur
The very light jet industry wasn't exactly flying high last year. A major supplier told me last summer that he expected half of all VLJ makers to fold soon. By the end of 2007, he looked clairvoyant; first the Aviation Technology Group suspended work on the two-seat Javelin and then, early in 2008, after sputtering for almost two years, Adam Aircraft shut its doors.

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Quote/Unquote

“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”

-Steve Varsano