Business Jet Traveler » October 2008

October 1, 2008
Macquarie Global Opportunities Partners, an unlisted fund managed by a subsidiary of the Macquarie Group of Australia, announced after Labor Day that it had completed the acquisition of several business units of Sentient Flight Group, Inc. from Berwyn, Pa.-based JetDirect Aviation Holdings, LLC (formerly Sentient Jet Holdings, LLC). Terms of the deal were not disclosed.
October 1, 2008
Paris’ Grand Palais hosted the first-ever airshow in 1908. An entirely indoor
Business Jet Traveler published its inaugural issue in October 2003-just two months before the 100th anniversary of Orville and Wilber Wright's first powered flight.
October 1, 2008
General Dynamics, owner of Gulfstream Aerospace, has agreed to pay about $2.25 billion to buy Zurich-based Jet Aviation from the Permira Funds private equity group. Permira bought the company in 2005 for an undisclosed sum that was said to be about $700 million. Subject to antitrust legal approval, General Dynamics' acquisition of Jet Aviation should be complete by year-end.
October 1, 2008
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 Northwest U.S., now and a year ago. Look for price data for other parts of the country in future issues.
October 1, 2008
When we launched Business Jet Traveler magazine in October 2003, the stock market and the U.S. economy were struggling to recover from their spectacular fall following the dot-com meltdown and 9/11. The Dow Jones Industrial Average was at about 9,500, a level it had first passed through in early 1999 on its way up.
October 1, 2008
Grob Aerospace filed for insolvency in Germany after its main source of capital suddenly withdrew financial support for the SPn light business jet program. CEO Niall Olver said the loan provider pulled out because of further delays in the certification program and resulting increases in the amount of money required to get the aircraft into service.
October 1, 2008
Adam Scott
It didn't take long for 28-year-old golfer Adam Scott to accumulate all the trappings of sports superstardom. Eight years after turning pro, he commands more than $8 million a year in endorsement fees and has accumulated $23 million in tournament winnings.
October 1, 2008
Headed for Hawaii? A specially outfitted Gulfstream G450 can take you there i
While booking a stay in a luxury Hawaiian hotel isn't hard, finding one that will fly you there on a private jet might be. The Royal Lahaina Resort on Maui and the Royal Kona Resort on the Big Island offer to do just that, via a new service called POSH Private Jet Holidays.
October 1, 2008
Built it and they will come, but only if they can find it.
October 1, 2008
Do you have a favorite in-flight meal or caterer you’d like to see featured h
The Dish: Gourmet Cupcakes. With more than a dozen variations, there's something to satisfy the most sophisticated taste. Imagine a double-chocolate cupcake with imported French chocolate; a rich red velvet cupcake with cream-cheese frosting; or perhaps a tiramisu or key-lime variant.

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“You are so motivated to make sure the trip goes smoothly, because you know that the organs of these two kids are now going to save the lives of more than just a handful of other kids.”