Money

August 1, 2009
You may have heard that is almost impossible to secure business jet financing these days, but to paraphrase Mark Twain, rumors of its demise are greatly exaggerated. Though the feeding frenzy among aircraft lenders is over, you can still find financing if you know where to look.
August 1, 2009
You need to understand the state of the market. Premiums are at an all-time l
On a purchase-satisfaction scale of one to 10, aviation insurance fails to register even a one for most buyers. And no wonder. There's simply nothing sexy about buying a stack of papers that promise to pay for a loss you hope won't occur and which, in fact, is highly unlikely to ever happen.
June 1, 2009
A citation bravo costs far less to operate than a global 5000, a potential pr
One seemingly enticing opportunity for business jet owners presented by the Federal Aviation Regulations (FARs) is the interchange agreement. The rule lets you "interchange" your jet with someone else's, allowing you, in the FAA's words, "to augment or more fully utilize" your aircraft.
June 1, 2009
What you'll pay for charter varies not only by aircraft type and model but also by region. Here are the average per-hour rates for popular aircraft nationally and in the South Central U.S., now and a year ago. Look for price data for other parts of the country in future issues.
April 1, 2009
Before feeling sorry for fractional owners, those who own whole aircraft shou
Nobody likes a tax audit. Even Internal Revenue Service agents would probably rather go fishing.
April 1, 2009
Travel$ense software, from the National Business Aviation Association, anaylz
Should you use your corporate jet for your next flight or would airline travel be more cost-effective? Given all the variables involved-the number of people traveling, availability of commercial flights, value of executive time, price of airline tickets and inevitable overnight expenses-that's never an easy question.
April 1, 2009
When House Financial Services Committee chairman Barney Frank grilled bank CEOs in a recent televised hearing, I was surprised and even a little proud that my 10-year-old, Maddie, showed interest in the proceedings.
February 1, 2009
Ultra-long-term aircraft financing has proved challenging for lenders. A lot
The worldwide financial malaise that arose out of the subprime mortgage mess has finally infected business aviation. The industry initially appeared immune to the tightening of the credit markets, which seemed to encourage a "flight to quality" by lenders, straight to the nearest general aviation airport.
February 1, 2009
By not defending the attributes of corporate aviation, the not-so-big three Detroit automakers dealt a blow to executive travel and corporate flight departments. They did further damage during their subsequent road trip to Capitol Hill, which came across as an admission of guilt. [See 'Defending your Jet']
February 1, 2009
What you'll pay for air charter varies not only by aircraft type and model but by region. Here are the average per-hour rates for popular aircraft nationally and in the Northeast U.S., now and a year ago. Look for price data for other parts of the country in future issues.

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Quote/Unquote

“"Many years ago, our company founder, Al Conklin, sold a new twin-engine business aircraft to a very successful entrepreneur. He had established a bit of a rapport with the individual and, after the sale, asked him straight out, 'How can you justify the cost of this airplane?' His reply? 'What is the cost of a divorce?'"–David Wyndham, president, Conklin & de Decker”

-David Wyndham