Lessons from the collapse of Avantair.
BJT Covers Bizav for Barron's
When the only thing that will do is your own home and office in the sky.
Save money by matching your machine to your mission.
This hot, $65 million business jet can cut an hour’s fly time from long hauls.
In the 1980s, many chief pilots of America’s largest companies received beautifully packaged boxes containing a VHS video titled Sikorsky S-76—The Time Machine. The video was the idea of documentary filmmaker David Hoffman. “Harry Gray, the CEO of United Technologies...[had learned that] the S-76 helicopter was a difficult sale to the corporate marketplace,” Hoffman says. “The CEOs wanted a corporate helicopter, but their CFOs were concerned about the cost.”
Xojet runs its fleet differently so clients pay less.
How to fly 7,000 miles without stopping to refuel.
NetJets introduced the fractional-aircraft concept in 1986. Now, as then, the companies selling shares seek to offer a middle ground between full jet ownership and charter flying.
It's wheels-up in emerging markets. With economies booming in China, India and Latin America, those countries are fast embracing the ultimate symbol of American moguldom, the private jet.
The aviation industry is coming up with attractive ways to lure travelers back to private airplanes.
“You want to make sure with a race in which you'll be flying home with other drivers that you don't crash into them. It's happened before, and it can make for a little bit of a tense situation.”