Business Jet Traveler » April 2009

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
CitationShares, Cessna's fractional ownership, membership card and aircraft management services division, has announced a three-year, 100-percent residual-value guarantee on new purchases of preowned shares. The guarantee applies to one-sixteenth shares (50 hours a year of flying time) or larger and may be exercised in months 13 through 36 of the contract.
June 1, 2009
Manufacturers delivered 191 business jets in the first quarter of this year, according to the General Aviation Manufacturers Association. The figure represents a large decline from the record-setting 297 deliveries in the same period last year. In the turboprop segment, first-quarter deliveries rose slightly from 85 last year to 87 in 2009.
June 1, 2009
PremiAir helicopter service has announced the London Heliport Shuttle to provide transportation between London Heliport in Battersea and the UK's business aviation airports. According to the company, the launch recognizes that "some 40 percent of PremiAir's helicopter traffic now connects with private jet arrivals into UK airports."
June 1, 2009
This car can turn into an airplane as quickly as Clark Kent changes clothes.
The Transition "roadable" aircraft-which can be converted from a car to an airplane or vice versa in less than 30 seconds-made its debut flight on March 5. The trip aloft was the first of several exercises in which the vehicle will be flown only over a runway, according to manufacturer Terrafugia, a Woburn, Mass. startup firm.
April 7, 2009
Listen to Suze Orman's entire interview with Business Jet Traveler's Jeff Burger, as recorded at the CNBC studio in New Jersey. The audio file includes considerable material that we didn't have room for in the published article.
April 1, 2009
Business aviation has been taking it on the chin ever since Congress began pummeling the Big Three auto CEOs in December. Now any company that has taken bailout money is fair game for similar direct hits, if there is even a hint that it might be using business aviation to make itself more efficient. Citigroup unintentionally grabbed the spotlight with its order for a Dassault Falcon 7X.
April 1, 2009
The European Business Aviation Convention and Exhibition drew about 13,700 attendees and 440 exhibitors last year and organizers expect a similar turnout for 2009's event, to be held May 12 to 14 at Geneva PalExpo.
April 1, 2009
Avantair, which bills itself as "the only publicly traded, standalone fractional operator," is now offering "The Axis Club" membership program for a one-time fee, which starts at $75,000. Members "can access blocks of [25] flight hours at a locked-in rate with no restrictions on travel days," said Avantair senior executive vice president Matthew Doyle.
April 1, 2009
Though Suze Orman proclaims her whole life "fabulous," her early years bore little resemblance to the world she inhabits now. In Berkeley, Calif., when she was in her 20s, she slept in her Ford Econoline van for two months while working for a tree service. Then she spent six years as a waitress, earning about $400 a month.

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Quote/Unquote

“You’re absolutely right—and you can’t stand up in your [expletive] Rolls-Royce, either.”

-William Lear, in the early '60s, replying to a man who complained that he couldn't stand up in the original Lear Jet