Money

October 1, 2009
I recently was invited to the Los Angeles Dodgers' Sports Camp, or "fantasy camp" as some call it. Unlike most of the events I attend, this one was unique in that I was the only aircraft broker present. At lunchtime-after we'd spent the morning trying to look our best hacking at the fastballs and changeups that zipped our way-we were asked to recount our business experiences.
October 1, 2009
“The question is not whether rates and premiums will increase–it’s by how muc
If the experts are right, business aviation insurance rates could be on the rise soon. A recent spate of accidents will inevitably drive rates higher for airlines, according to a report by insurance broker AON. Because business aviation insurance rates have traditionally tracked those for airlines fairly closely, price hikes are likely.
September 1, 2009
Granted, President Obama's use of a private, albeit publicly owned, jet for a New York date night in May might have done more to fulfill a campaign promise to his wife than it did to support our industry. Still, it was a show of support.
August 1, 2009
You may have heard that is almost impossible to secure business jet financing these days, but to paraphrase Mark Twain, rumors of its demise are greatly exaggerated. Though the feeding frenzy among aircraft lenders is over, you can still find financing if you know where to look.
August 1, 2009
You need to understand the state of the market. Premiums are at an all-time l
On a purchase-satisfaction scale of one to 10, aviation insurance fails to register even a one for most buyers. And no wonder. There's simply nothing sexy about buying a stack of papers that promise to pay for a loss you hope won't occur and which, in fact, is highly unlikely to ever happen.
June 1, 2009
A citation bravo costs far less to operate than a global 5000, a potential pr
One seemingly enticing opportunity for business jet owners presented by the Federal Aviation Regulations (FARs) is the interchange agreement. The rule lets you "interchange" your jet with someone else's, allowing you, in the FAA's words, "to augment or more fully utilize" your aircraft.
June 1, 2009
What you'll pay for charter varies not only by aircraft type and model but also by region. Here are the average per-hour rates for popular aircraft nationally and in the South Central U.S., now and a year ago. Look for price data for other parts of the country in future issues.
April 1, 2009
When House Financial Services Committee chairman Barney Frank grilled bank CEOs in a recent televised hearing, I was surprised and even a little proud that my 10-year-old, Maddie, showed interest in the proceedings.
April 1, 2009
Before feeling sorry for fractional owners, those who own whole aircraft shou
Nobody likes a tax audit. Even Internal Revenue Service agents would probably rather go fishing.
April 1, 2009
Travel$ense software, from the National Business Aviation Association, anaylz
Should you use your corporate jet for your next flight or would airline travel be more cost-effective? Given all the variables involved-the number of people traveling, availability of commercial flights, value of executive time, price of airline tickets and inevitable overnight expenses-that's never an easy question.

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“What we need to do is always lean into the future. When the world changes around you and when it changes against you—what used to be a tail wind is now a head wind—you have to lean into that and figure out what to do because complaining isn’t a strategy. ”

-Amazon CEO and Washington Post owner Jeff Bezos at a press conference for the third-generation Kindle Fire tablet.