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.
Money » Preowned Aircraft
September 1, 2009
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
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']
December 1, 2008
The general population may think jet owners are insulated from economic downturns, but the growing fleet of used aircraft suggests otherwise. Since the beginning of the year, available used inventory has risen considerably.
October 1, 2008
Gordon McCall's Motorworks Revival, which takes place annually at the Monterey [Calif.] Jet Center and serves as the kick-off for the Concours d'Elegance, lives up to its billing as "a very cool party...with classic cars and airplanes scattered over the acreage like a rich giant's toy box." So when our company received word from McCall that he had a static-display spot available for us at this
August 1, 2008
It dawned on me this morning that though I'm a used-aircraft broker, I have $90 million worth of offers on my desk for new jets-two aircraft that haven't even been built yet. So why are these transactions my business? Because when holders of new-aircraft positions look to resell them, they turn to used-aircraft brokers, not the jets' manufacturers, to orchestrate the deals.
July 1, 2008
After carefully analyzing your travel patterns, budget and a host of other factors, you've concluded that you need an aircraft. Now comes a decision that can be at least as tough: Should you buy new or used?
June 1, 2008
Increasing inventory amid a backdrop of economic uncertainty is never welcome in the used aircraft sales arena, but this time around at least we're just witnessing the continuation of a predictable cycle. In fact, many buyers believe the market is making its long-awaited return to normal levels.
April 1, 2008
The continuing low-interest-rate environment coupled with a weak U.S. dollar against many international currencies and long backlogs of orders for new jets continue to buoy the used-aircraft market.
February 1, 2008
In the first quarter of 2006, phones weren't ringing for used-jet sellers. Last year, the situation was the opposite, as activity out of the gate was head-spinning and never slowed. It's anybody's guess how '08 will unfold, but one thing seems clear: no longer does the market's health depend solely on the U.S.
“Let me be straight with you. What I'd rather have is an airplane. We just had a third kid. I don't like flying commercial. I like to take my family to Hawaii. When I go east, I'd like to have pilots I know. ”
February 1, 2012
January 12, 2012
December 1, 2011
May 30, 2013
November 26, 2012
December 5, 2012
April 30, 2012
August 14, 2014