Money

June 22, 2014
If two identical airplanes are priced the same and one of them has a damage history and the other doesn't, which one would you buy? (Illustration: John Lewis)
What’s the worst thing that can happen to your business jet? You might think the answer is an accident resulting in total loss, but it’s not. If a hangar roof collapses and destroys your aircraft, your insurance should enable you to replace it. On the other hand, if the airplane is only damaged in the incident, the insurer may opt to repair it, leaving you with a jet that operates just fine but has (gasp) damage history.
May 16, 2014
Click to enlarge image
When you’re evaluating the state of the used-aircraft market, you need to look at more than the percentage of the worldwide fleet that’s currently for sale. You have to investigate availability in a variety of geographical areas and model-year ranges.
March 26, 2014
The advantages of bonus depreciation are often over estimated, especially if an aircraft's availability for super-accelerated tax write-offs drives up the price.  (Illustration: John T. Lewis)
To start writing off your newly acquired jet for tax purposes in the U.S. you have to do more than buy it; you have to “place it in service” in your business. In recent years, the availability of “bonus” depreciation has only upped the ante on satisfying this Internal Revenue Service requirement.
March 14, 2014
For some jet models, demand now exceeds supply.
March 5, 2014
Illustration: Fotolia
Business jet finance has settled into a predictable—and more sustainable—groove after the mad scramble of 2007 and the deafening silence of
February 19, 2014
American Express Centurion Card
In exchange for annual fees of up to $7,500, they offer benefits that even ultra-high-net-worth customers are likely to appreciate.
January 22, 2014
It wasn’t until the end of the final quarter of last year that the used business jet market showed clear signs of direction. That’s when inventory moved noticeably lower after peaking at 2,600 in October. Just 60 days later, we were flirting with the 2,500 mark for the first time since the fall of 2008. 
November 26, 2013
Charter pilots typically say they don’t expect tips but always appreciate them.
Bizjet passengers often express confusion about when to give gratuities to pilots and crews. Here’s help. 
November 21, 2013
If an employee travels on the company aircraft for personal purposes, the IRS treats the flight as a perquisite and the employee as a recipient of taxable income.
Calculating the cost of personal use is as complicated as it is important. When an employee takes a personal flight on his company’s aircraft, how do you calculate the trip’s cost or value? The answer depends on who’s asking the question and why.
October 7, 2013
If the lease rate is too low, a state may impute its own rate or perhaps disregard the lease and charge use tax on the full purchase price. (Illustration: John T. Lewis)
Good news: rates are at record lows. Bad news: a rock-bottom rate can trigger trouble.

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Quote/Unquote

“Let me be straight with you. What I'd rather have is an airplane. We just had a third kid. I don't like flying commercial. I like to take my family to Hawaii. When I go east, I'd like to have pilots I know. ”