Buyers' Guide » 2014

July 9, 2014
Xjet lobby
Fixed-base operations, commonly known as FBOs, have come a long way since their beginnings as nondescript trailers and shacks alongside airport taxiways. Many have morphed into well-equipped, stylishly decorated facilities that, for passengers on corporate and private aircraft, often offer a first impression of a town or city.
July 9, 2014
Food offerings from business aviation caterers mirror those found at top gourmet restaurants, but simpler fare such as burgers and sandwiches are also common. (Photo: Cunningham Photo Artists/Chef Charles Catering)
Food and beverages on private aircraft are a far cry from what you’ll find on most airline flights. Bizav caterers offer an array of delectable delights—everything from smoked Scottish salmon and tamarind honey lamb kabobs to mint and cucumber gazpacho, burgers with cognac sauce and raspberry pecan chicken salad.
July 8, 2014
Business jet static display. Photo: David McIntosh
Industry experts continue to blame lack of financing for the failure of business jet orders and sales to recover more rapidly since 2008. “Many sales are lost because prospective buyers can’t obtain financing or can’t obtain it on favorable terms,” says Andrew Bradley, president of global sales at Avjet Corporation. Bradley has even seen a bank require its client to buy a newer, significantly more expensive aircraft rather than provide financing for a slightly more than 10-year-old airplane of the same model. Indeed, relatively few business jets acquired last year were financed at all.
July 8, 2014
Jennifer Leach English (Photo: Bill Bernstein)
You’d never call David Diehl “average,” but in many ways he epitomizes the average business jet traveler. Like most readers of this magazine, he regularly utilizes private aviation to maximize family time while simultaneously advancing a high-level career.
July 7, 2014
A flight attendant welcomes VistaJet client Frank McCourt, chairman and CEO of McCourt Global, aboard a Bombardier Global 6000 (Photo: Mark Wagner)
Given the amount of money involved, picking the right way to employ business aviation is one of the most critical financial decisions you can face. Unless you’re buying a whole aircraft, the first choice you have to make is what access model would best suit your needs, be it a fractional share, a jet card or traditional charter. Then you need to decide which company or companies to use.

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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