Business Jet Traveler » December 2008

December 1, 2008
-Fletcher Aldredge, publisher of the Vref Aircraft Value Reference, whose data shows larger declines in price for light jets in recent quarters than for any other market segment. Source: Architectural Digest
December 1, 2008
Travelers Aviation is introducing nonowned aircraft liability coverage, which provides hull and liability protection for companies that rent or charter fixed- or rotor-wing aircraft. Also new are quota share endorsements, which allow Travelers to share risk with other insurers.
December 1, 2008
You can minimize the possibility of turbulence by flying in early morning, wh
"Fasten your seatbelts. It's going to be a bumpy night."
December 1, 2008
Pickens addresses a town hall meeting on energy independence in Topeka, Kan.,
"I try to live by one simple rule," said T. Boone Pickens. "Work eight hours and sleep eight hours, and make sure they are not the same eight hours." He chuckled and then added, "But I have to tell you, I'm not doing so well these days following that rule. I need a hell of a lot more than eight hours to get in all the work I need to do."
December 1, 2008
Online booking agent Virgin Charter has become the exclusive air charter solution for global travel-management specialist Radius. Radius has 90 travel agencies worldwide specializing in both business and leisure bookings and will now use the Virgin Charter marketplace to find and book flights.
December 1, 2008
When evaluating a state’s aircraft taxes, don’t stop with the usual suspects.
Aircraft owners often take pleasure in contemplating federal aviation taxes. That's because much federal tax planning in this area focuses on deductions and thus on taxes the aircraft owner might save. Comparable deductions are frequently available for state tax purposes, but when the spotlight shines on state tax it usually illuminates how much the owner must pay.
December 1, 2008
Flexjet, Bombardier's fractional ownership subsidiary, has announced a program that offers its shareowners the opportunity to offset carbon emissions each time they fly. Climate Care, an offset provider and a division of J.P. Morgan's environment markets group, has been selected as Flexjet's partner in the initiative.
December 1, 2008
The Lineage 1000 will be able to operate from airports where some of the othe
Airframer Embraer entered the business aviation market in 2000 when it announced the Legacy 600, which it had derived from the ERJ-135 regional airliner. Taking a similar approach with the larger E-190/195, the Brazilian manufacturer has created the Lineage 1000.
December 1, 2008
The wraps are off on Hawker Beechcraft's Hawker 450XP and Super King Air 350i, revealing extensive cabin makeovers.
December 1, 2008
“The Liberty Hotel is about transformation, and how to make a jail into a joy
Real estate developer Richard Friedman has been winning plaudits for his unusual latest project: the transformation of the historic Charles Street Jail in Boston's Beacon Hill district into the luxurious, award-winning Liberty Hotel.

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Quote/Unquote

“Time is our most precious commodity, and there are conveniences that wealth brings to essentially get you more time. —retired Microsoft CEO Steve Ballmer, explaining why he commutes via private jet from his Seattle home to watch games of the Los Angeles Clippers, the basketball team he bought last year for $2 billion. ”

-retired Microsoft CEO Steve Balmer