Industry insiders and analysts believe the business and private jet industry will witness a resurgence in 2011 as a global economic recovery continues. Of course, if you toss into the mix more political unrest in the Middle East, the rising price of oil and European Union member nation bailouts, things could get a bit dicey.
Buyers' Guide
July 1, 2011
Although the rate of growth of the business aircraft manufacturing industry has slowed, it continues to generate billions in economic output each year and supports tens of thousands of jobs. Here are the key facts about each of the major aircraft manufacturers:
July 1, 2011
One of the first consequences of the 2008 Wall Street meltdown was the overnight disappearance of capital. At the time, many aircraft lenders still proclaimed that they were "ready to do deals," but often they lacked the financial horsepower to deliver on that promise.
July 1, 2011
Not long ago, a chief pilot would be assigned the job of managing the cabin completion of a new aircraft or riding herd on the refurbishment of a used one. Those days are fast becoming a memory, gone the way of wooden propellers, fabric-covered wings and open cockpits.
July 1, 2011
In the past couple of years, the recession has caused independent completion and refurbishment centers to compete for business the way mall shoppers vie for parking spaces in the week before Christmas.
July 1, 2011
Is economizing the new normal? Certainly not for all users of business aviation. But evidence from several quarters suggests that many private-aircraft travelers, including experienced owners who fly frequently, are placing cost higher on their list of considerations.
July 1, 2011
As soon as its first owner departs from the manufacturer’s delivery center, a new airplane technically become used (or pre-owned). For various reasons, however, 10 years after an aircraft’s production date is generally considered the milestone separating “newer” used business aircraft from “older” ones.
July 1, 2010
On the following pages, you'll find a guide to available and soon-to-be-available business jets, turboprops and helicopters. The definitions and explanations below will help you get the most out of the data in the tables.
July 1, 2010
The people who build airplanes believe better times are coming. So do many analysts, who predict that aircraft sales will gain momentum by the middle of next year. When that happens, manufacturers will be ready because they have continued to fund research and development of new airplanes.
Pages
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
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