Business Jet Traveler » August 2008

August 1, 2008
“I've never been driven by money. Living a big lifestyle for me has never bee
Gordon ("Butch") Stewart had a comfortable middle-class childhood on Jamaica's Honeymoon Bay, so his story doesn't qualify as a rags-to-riches tale. But he most certainly went "to riches."
August 1, 2008
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 North Central U.S., now and a year ago. Look for price data for other parts of the country in future issues.
August 1, 2008
Many places make the dubious claim of being the "sport-fishing capital" of this or that species of game fish, but for trophy rainbow trout there's an obvious champion with no competitor: Alaska. And no billboards making the proclamation are required. Anyway, there aren't many roads where you're going-mostly just paths through the alders made by the largest brown bears on Earth.
August 1, 2008
The challenge faced by Eclipse Aviation reminds me of the old joke: "How can you wind up with a million dollars by investing in aviation? Start with two million."
August 1, 2008
In June, Hawker Beechcraft officially delivered its first Hawker 4000, the super-midsize flagship of its business aircraft fleet, to private owners. A ceremonial delivery to another customer occurred in 2006 but the airplane, then still not fully certified, was a leaseback demonstrator and the buyer never took possession.
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.

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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