Bizav Basics

July 22, 2014
Which of the major bizav access models—charter, jet card or fractional ownership—best suits you? To begin to answer that question, determine which of the statements below apply to you. If more than half of the statements for an access option apply, it could be a good choice. Note, though, that not all statements carry equal weight; the hours you fly annually can trump other factors in determining whether a solution is appropriate.
July 20, 2014
Given the complexity of the deal and the money at stake, making a business aircraft change hands can seem almost like an act of magic. And as in Disney’s The Sorcerer’s Apprentice, acts of this sort are best left to professionals—specifically, aircraft brokers and their teams.
July 10, 2014
Dassault Falcon 7X
As soon as its first owner departs from the manufacturer’s delivery center, a new airplane technically becomes used (or preowned). For various reasons, however, 10 years after an aircraft’s final production date is generally considered the ­milestone separating “newer” used business aircraft from “older” ones.
July 9, 2014
Daher-Socata TBM 850
Here’s a look at the world’s leading business jet manufacturers and their current and upcoming models.
July 9, 2014
Happy Jet Illustration: John Lewis
When you’re buying a jet, months of work culminate the moment you sign the papers. You’re finished with research, analysis, due diligence and inspections. You’ve had the last of your consultations with brokers, attorneys, accountants, pilots and mechanics. The marathon has been run and now you can reap the rewards.
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.
March 4, 2014
Two NetJets pilots walking out to their airplane.
Hindsight is 20/20—and in the fractional-share business, foresight may at best be about 20/1,000. In a market like today’s and with a rapidly evolving product like fractional, even the most seasoned insiders seem to lack a clear sense of what’s next. 
March 4, 2014
Customers exiting a limousine and immediately boarding their private business jet.
Last Fall, the U.S. Department of Transportation (DOT) unveiled proposed rules for enhancing protection for air charter customers. Since then, several influential charter brokers have gone on record as saying the proposals don’t go far enough—even though brokers are the primary targets of those rules.
November 26, 2013
While buyers have held the upper hand for several years, we may now be witnessing a slight shift toward more equal power for buyers and sellers.
As inventories decline, a buyers' market may be fading.
November 21, 2013
Illustration: John T. Lewis
Renewed consumer interest in jet cards has led to a wide assortment of new offerings.

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Quote/Unquote

“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