Money

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.
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.
February 1, 2010
Unless you’re Bill Gates, obtaining financing is no longer simply a question
The business jet finance field is unique because business jets are unique. For one thing, they move around-fast. A Gulfstream G550 that's in Zurich this morning could be in Tehran tonight.
February 1, 2010
After used aircraft inventory reached an all-time high last July, the market sustained a month-over-month decrease in supply, falling 8 percent below its peak of 3,100-plus.
December 1, 2009
If you own an aircraft and lease it out, can you be liable for damages caused when the lessee is operating it? The answer reminds me of a joke my securities law professor, Louis Loss, used to tell about a client wanting to hire a one-handed lawyer so the lawyer couldn't say: "Well, on the one hand...but on the other hand."
December 1, 2009
WHEN 2009 BEGAN, the preowned market was like a punch-drunk boxer trying to regain his footing. Down but not out throughout the year, the industry struggled to build strength and stability after absorbing an uppercut delivered by an economic near-catastrophe and then a barrage of power-of-the-pen jabs thrown by often-sensationalistic journalists.
October 1, 2009
I recently was invited to the Los Angeles Dodgers' Sports Camp, or "fantasy camp" as some call it. Unlike most of the events I attend, this one was unique in that I was the only aircraft broker present. At lunchtime-after we'd spent the morning trying to look our best hacking at the fastballs and changeups that zipped our way-we were asked to recount our business experiences.
October 1, 2009
“The question is not whether rates and premiums will increase–it’s by how muc
If the experts are right, business aviation insurance rates could be on the rise soon. A recent spate of accidents will inevitably drive rates higher for airlines, according to a report by insurance broker AON. Because business aviation insurance rates have traditionally tracked those for airlines fairly closely, price hikes are likely.
September 1, 2009
Granted, President Obama's use of a private, albeit publicly owned, jet for a New York date night in May might have done more to fulfill a campaign promise to his wife than it did to support our industry. Still, it was a show of support.

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““The charter industry needs to become much more efficient…We need to take a page from the airlines’ code-sharing agreements…Part 135 charter [operators] could review each other’s schedules, use each other’s airplanes.” ”