Business Jet Traveler

January 19, 2016
Falcon 8X
Is said that the margin of victory in life can sometimes be measured in inches. Dassault seems to think so.
January 18, 2016
Restaurant in the jungle
Usually, eating out is all about being part of a restaurant’s bustle and ambiance. Maybe, too, about being seen. But sometimes, the goal is different. For special occasions, the best seats in the house aren’t necessarily at booth No. 1 or the table with the sweeping view of the dining room.
January 17, 2016
Fractional providers are refreshing their fleets, taking delivery of new models in the industry’s first major upgrade wave since the 2008 economic downturn.
January 17, 2016
BMW i8
When I was growing up, I loved the Back to the Future films—particularly the second one in which Doc and Marty traveled forward in time to 2015. The future looked amazing, especially because of the cars, which contrasted dramatically with what was on the road when the movie first appeared. Not to mention, they could fly and hover!
January 6, 2016
Just 2 percent of hedge-fund managers have “a truly unique skill set and competitive advantage,” notes one expert. (Photo: Fotolia)
Hedge funds typically come with stiff fees, but those costs are dropping, Silberstein says. Once, the vast majority charged a 2 percent annual management fee on assets held in the fund, plus 20 percent of any profits. Now, only the most elite managers have that structure, he says; the standard fee today is 1.5 percent plus 15 percent of profits.
January 3, 2016
Until about 2013, “our pricing was below  cost, and that wasn’t sustainable in the long run,” says XOJet CEO Bradley Stewart.
In early 2009 XOJet upended the charter industry when it introduced all-inclusive one-way transcontinental U.S. rates of $19,000 aboard its owned and operated fleet of new Cessna Citation Xs (later joined by Bombardier Challenger 300s). Not bad for a company whose majority investor, Lehman Brothers, had gone bankrupt just months before
January 3, 2016
Photo: Fotolia
Business aviation and privacy go hand in hand for good reasons, says our columnist. Some people in the general aviation industry object to the term “private flying,” on the theory that it suggests to the general public that we must have something nefarious to hide. I understand the concern, though I’ve never thought of it that way, any more than I’ve thought “private property” signs in a driveway implied the people living there were up to no good.
December 13, 2015
Gulfstream’s G500, which made its first test flight last May, will be capable of traveling nonstop from Los Angeles to London.
In October 2014, Gulfstream Aerospace formally launched two large-cabin jets designed to replace its G450 and G550 models: the G500 and the G600. The top speed for both aircraft is Mach 0.925, the same as for Gulfstream’s G650ER. With the introduction of the G500 and G600, all of the company’s large-cabin models will pay homage to the need for speed.
December 13, 2015
St. Augustine Photo: Fotolia
September marked the 450th anniversary of the founding of St. Augustine, Florida, the oldest continually occupied European settlement in America. The thriving, quirky city of 14,000 is a tourist magnet, and not just because of its historic landmarks and vintage buildings.
December 6, 2015
Business jet owners have been clever in trying to dream up ways around FAA compensation strictures.
Understand FAA rules before accepting payment for a business jet flight. Compensation for flights is one of the most important concepts to consider when you’re structuring the ownership and operation of a business jet. For the U.S. Federal Aviation Administration, the payment of compensation for air transportation usually makes a flight “commercial,” which requires that it be conducted under a commercial certificate.

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Quote/Unquote

“No one has ever become poor by giving. ”

-Anne Frank