Money

October 1, 2010
Today I dusted off a book that I've had for 45 years: Air Navigation, Department of the Air Force. Flipping through the book-which was a gift from an Air Force navigator, the father of one of my Cub Scout buddies-always stirs up memories. One concerns the time my buddy, Richie, and I submitted unsolicited pencil-sketch proposals for fighter jets to the Kennedy Administration.
August 1, 2010
Opportunities to mitigate IRS or SEC difficulties by paying for non-business
One of the biggest challenges posed by FAA regulations is how to pay for a flight on a non-commercial aircraft.
August 1, 2010
Wall Streeters and other experts have been making a variety of persuasive but conflicting predictions about where the economy is headed. Will a recovery be shaped like a V? Or a U? Or perhaps a W? One expert even suggested an L-shaped condition, in which a nosedive would be followed by an indefinite period where we skid sideways along the bottom.
July 1, 2010
Business jet finance probably hit bottom in early 2009. Loans have become much more available since then, but we've yet to return to the halcyon days of 2007, when you could readily arrange 100 percent financing for aircraft at purchase prices that today seem grossly inflated. As Bank of America's Michael Amalfitano pointed out, "The days of aggressive deals at thin pricing are over."
July 1, 2010
Keep in mind that while premiums have dropped dramatically in recent years, t
After three straight years of historically low premiums and greatly expanded coverage offerings, the struggle among aviation insurance companies to gain or hold market share has begun taking its toll. Last year the industry experienced one of its worst for aviation claims since 2001, and 2010 continues the trend.
June 1, 2010
Looking for a bargain on a Cessna Caravan or other aircraft? You may find one
Every year the federal government auctions off to the public a handful of its used business-class jets, turbine helicopters and turboprops at prices that, at first glance, seem ridiculously low. Over the last decade, buyers walked away with deals that have included $30,000 for a Falcon 20, $101,000 for a Sabreliner 75A, $387,000 for a Turbo Commander 690A and $399,000 for a Gulfstream II.
June 1, 2010
As the used aircraft market's recovery continues, global issues are surfacing that could temper buyers' enthusiasm. Remember a couple of years ago, when we heard so much about the fast-rising BRIC countries-Brazil, Russia, India and China? Today the focus has shifted to the PIIGS-Portugal, Ireland, Italy, Greece and Spain, all of which have fairly weak economies and high debt.
June 1, 2010
When searching for a specific aircraft tail number, it's easy to conclude that all the good ones are taken. The folks who operate the FAA registry in Oklahoma City, however, think they've found a way to make many of these "unavailable" registration numbers magically accessible to the rest of us.
April 1, 2010
As winter loosens its grip and spring arrives, a similar thawing process is taking place in the heretofore frozen tundra that the used-aircraft market had become. Trading has increased because sellers have accepted the new price territory that has been established-or is being established, depending on what model we're discussing.
April 1, 2010
Executives often hear about the tax advantages of security programs, but its
An oft-cited benefit of business jets is that they provide greater security than the airlines. This same benefit can reduce your taxes, too.

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“"Not everything can fly. We will not install a swimming pool or a fireplace. That is not possible."”

-Walter Heerdt of Lufthansa Technik