The latest hot asset among the world's billionaire elite, according to a recent story on Yahoo! News, isn't the newest or biggest private jet. It's a submarine. The news service reported that Microsoft magnate Paul Allen, film director James Cameron and Russian oil billionaire Roman Abramovich are among the 100 or so owners of private submarines plying the seven seas.
Flying
August 1, 2011
Most of the time, business aviation makes air travel painless and trouble-free. That's what you're paying for and that's why you love it.
August 1, 2011
Three years ago, Hawker Beechcraft began delivering what is arguably the best of the venerable 125-series aircraft: the Hawker 750. Performance and price both help to make this midsize-cabin model a strong contender.
August 1, 2011
Business meetings these days often seem to have as much to do with technology as with human interaction. Out come the BlackBerries, iPhones, iPads and laptops. Before the gavel even drops, there is a flurry of flying fingers as attendees make Internet connections and check e-mails and text messages.
August 1, 2011
A friend once recounted his story of a jump-seat ride aboard an Aeroflot airlines Tu-154 during the 1980s. After the Russian trijet had reached cruise altitude, the flight crew broke out a bottle of sherry and began celebrating, because they had managed to survive another takeoff in an airplane not known for its reliability.
July 1, 2011
Industry insiders and analysts believe the business and private jet industry will witness a resurgence in 2011 as a global economic recovery continues. Of course, if you toss into the mix more political unrest in the Middle East, the rising price of oil and European Union member nation bailouts, things could get a bit dicey.
July 1, 2011
Not long ago, a chief pilot would be assigned the job of managing the cabin completion of a new aircraft or riding herd on the refurbishment of a used one. Those days are fast becoming a memory, gone the way of wooden propellers, fabric-covered wings and open cockpits.
June 1, 2011
The protagonist in the 1970s American television show The Six Million Dollar Man was an injured astronaut who’d had various mangled body parts replaced with bionic ones that gave him superhuman abilities. All of this is recounted in the show’s opening credits, while the narrator enthusiastically intones, “We can make him better than he was before. Better, stronger, faster!”
June 1, 2011
There are probably as many reasons to fly privately as there are private flyers. But you can subdivide the species into types, to a degree. Of course, the characteristics may overlap, but here are three examples:
June 1, 2011
Ever begin a weeklong hotel stay by discovering that you’ve packed just three pairs of sox? Worse, have you ever reached for your cell phone–or passport–in an airport, only to realize it’s on your desk back home?
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“When you get into the larger aircraft it becomes like a hotel, with dozens of staff supporting the plane based in a galley area down below. You have very comprehensive cooking facilities, and on larger aircraft we have looked at theatres, with spiral staircases and a Steinway grand piano. The limitations for what you can put inside a plane are pretty much the limits of physics, and even money cannot always overcome that. Even so, people are still always trying to push [the limits]. ”
-Howard Guy of Design Q, a UK-based consultancy
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