Business Jet Traveler

December 1, 2007
Piaggio Aero, the Italian aircraft manufacturer, has signed an agreement that calls for 22 Avanti II twin turboprop business aircraft to be delivered to U.S. fractional ownership operator Avantair from 2011 through 2012. Valued at $150 million, the deal represents "one of the largest sales in the history of Piaggio Aero," said company CEO Josй Di Mase.
December 1, 2007
Jet manufacturers and many after-market completion centers offer owners an op
Inner beauty really does trump outward appearance-especially after factoring in comfort and utility. Your aircraft's interior, from the suppleness of the seats to the entertainment system, has a huge impact on both ownership experience and resale value.
December 1, 2007
Considering that the fractional-aircraft field was borne of a new business model and has been around for more than 20 years, it is perhaps surprising that the basic structure remains fundamentally unchanged: you purchase a share of an aircraft from the provider at a premium; you pay management fees, hourly rates and fuel surcharges; and at the end of your contract, you sell your share back to t
December 1, 2007
What you'll pay for air charter varies not only by aircraft type and model but by region. Here are the average per-hour rates for popular aircraft nationally and in the Northeast U.S. now and a year ago. Look for price data for other parts of the country in future issues.
December 1, 2007
“I could never do what I do without the knowledge that I can drive to the air
An interviewer once asked an attorney what would be his worst courtroom nightmare. "Seeing Fred Furth sit down at the opposing table," he said.
December 1, 2007
Raytheon has entered into a definitive agreement to sell Flight Options, its Cleveland-based business aircraft fractional ownership division, to HIG Capital, a global private investment firm headquartered in Miami. The deal is expected to close before the end of 2007.
October 1, 2007
In the 1990s, a booming economy created fertile ground for fractional flying, a new form of private air travel that providers touted as having predictable costs and being much less expensive than full ownership.
October 1, 2007
NASA's Kennedy Space Center in Cape Canaveral, Fla., will host a celebration of 50 years of space exploration, November 1 to 4. The World Space Expo uses space exploration as the springboard to showcase aeronautics, space operations, future electronics and earth and life sciences.
October 1, 2007
Brook Hollow Hole No. 3
Our series on America's best golf courses continues with a look at three of the best classic fairways in the south central U.S., as determined by Golfweek magazine's handpicked panel of 385 course raters. The raters, who are students of architecture, attend national workshops and each evaluate 15 to 20 courses per year.
October 1, 2007
After the recent capitulation in the equity market, an asset manager who is in charge of preserving his boss' capital was taking the temperature of the aircraft business. He was doing so at least partly because he saw a correlation-though admittedly not a clear or definitive one-between the appetite for corporate jets and the overall health of the economy.

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Quote/Unquote

““It’s not so much a frenzy as it was before, but in the long term it’s going in the right direction.” ”

-Carey Matthews, general manager of Shanghai Hawker Pacific Business Aviation Service Centre at Hongqiao International Airport, on the business aviation market in China.