Business Jet Traveler » August 2008

Bailing Out
August 1, 2008
It dawned on me this morning that though I'm a used-aircraft broker, I have $90 million worth of offers on my desk for new jets-two aircraft that haven't even been built yet. So why are these transactions my business? Because when holders of new-aircraft positions look to resell them, they turn to used-aircraft brokers, not the jets' manufacturers, to orchestrate the deals.
The 500's Smaller Sibling
August 1, 2008
Last summer, Eclipse shocked aviation watchers by displaying a single-engine variant of its Model 500 twinjet VLJ. The Eclipse "concept jet," or ECJ, featured seating for four (including the pilot) and borrowed key elements from the 500, including the nose, wing, avionics and engine.
ExcelAire's Long Island Terminal Gets TSA Approval
August 1, 2008
ExcelAire's new private jet terminal at Long Island [N.Y.] MacArthur Airport has received TSA approval as a gateway for travel to Ronald Reagan Washington National Airport. Facilities at 20 other airports also have such approval. The authorization for ExcelAire came after it passed TSA security checks and implemented special security procedures.
Porsche 911 Turbo
August 1, 2008
In the car’s tail sits a 480-hp liquid-cooled 3.6-liter flat six embodying mo
Aircraft and car builders over the years have mined the alphabet and assayed certain letters as precious metal-GT, R, S, X and Z come to mind-but one five-letter word still stands alone as the medal for power in a pint-size package. Turbo.
Benefitfocus' Shawn Jenkins
August 1, 2008
“If you get one airplane and you get other people using it to defray the cost
The NASDAQ crashed in March 2000, Shawn Jenkins recalled. "That June, my partner Mason Holland and I started Benefitfocus. It was an awkward time to start a software company," he said, with just a touch of irony.
Jet Aviation and Elite Jets Expand in Middle East
August 1, 2008
Swiss-based Jet Aviation and Dubai-based charter operator Elite Jets have formed a partnership to provide aircraft management and charter services in the Middle East. Elite Jets will provide regional charter services to Jet Aviation customers in the Middle East, while Jet Aviation will offer line and unscheduled maintenance services to Elite's fleet of business aircraft.
Salt Lake City
August 1, 2008
Salt Lake City, well known for its founding by Mormon pioneers in 1847 and as the home of the Church of Jesus Christ of Latter Day Saints, gained the nickname "Crossroads of the West" after the "Golden Spike" symbolically completed the Transcontinental Railroad in 1869, just north of the Great Salt Lake.

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Quote/Unquote

“You want to make sure with a race in which you'll be flying home with other drivers that you don't crash into them. It's happened before, and it can make for a little bit of a tense situation.”

-Racecar driver Helio Castroneves