Business Jet Traveler » August 2008

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.
August 1, 2008
During an encounter with wind shear at Chicago Midway Airport on June 5, the pilot of an Eclipse 500 pushed the thrust levers (throttles) forward with enough force to cause a software error that locked both engines at full power. Unable to slow the airplane for landing, the pilot elected to shut down one engine for the subsequent landing attempt.
August 1, 2008
ExcelAire's new private jet terminal at Long Island [N.Y.] MacArthur Airport has received TSA approval as a gateway for travel to Ronald Reagan Washington National Airport. Facilities at 20 other airports also have such approval. The authorization for ExcelAire came after it passed TSA security checks and implemented special security procedures.
August 1, 2008
In the car’s tail sits a 480-hp liquid-cooled 3.6-liter flat six embodying mo
Aircraft and car builders over the years have mined the alphabet and assayed certain letters as precious metal-GT, R, S, X and Z come to mind-but one five-letter word still stands alone as the medal for power in a pint-size package. Turbo.
August 1, 2008
Last summer, Eclipse shocked aviation watchers by displaying a single-engine variant of its Model 500 twinjet VLJ. The Eclipse "concept jet," or ECJ, featured seating for four (including the pilot) and borrowed key elements from the 500, including the nose, wing, avionics and engine.
August 1, 2008
Swiss-based Jet Aviation and Dubai-based charter operator Elite Jets have formed a partnership to provide aircraft management and charter services in the Middle East. Elite Jets will provide regional charter services to Jet Aviation customers in the Middle East, while Jet Aviation will offer line and unscheduled maintenance services to Elite's fleet of business aircraft.
August 1, 2008
Salt Lake City, well known for its founding by Mormon pioneers in 1847 and as the home of the Church of Jesus Christ of Latter Day Saints, gained the nickname "Crossroads of the West" after the "Golden Spike" symbolically completed the Transcontinental Railroad in 1869, just north of the Great Salt Lake.
August 1, 2008
“If you get one airplane and you get other people using it to defray the cost
The NASDAQ crashed in March 2000, Shawn Jenkins recalled. "That June, my partner Mason Holland and I started Benefitfocus. It was an awkward time to start a software company," he said, with just a touch of irony.
August 1, 2008
Castle & Cooke Aviation has opened an FBO at Honolulu International Airport. The former Circle Rainbow facility received a $5 million upgrade, with renovation of the lobby, 18,000-square-foot hangar and 60,000 square feet of office space. Castle & Cooke plans to offer jet-A and avgas service later this year on an expanded general aviation ramp on the island of Lanai.
August 1, 2008
For an elite band of thrill-seekers, heli-skiing is the ultimate adrenaline rush.

Pages

 

Quote/Unquote

“"I've got a list of corporations that have gotten out of their airplanes [because of criticism from politicians]. It is the stupidest thing I've ever seen. When you look at the time and cost savings; it does not make sense not to fly [privately]. You can't let public perception interfere with your business decision to fly. It either is a good business decision or it isn't."”

-business aviation entrepreneur Nick Popovich