Business Jet Traveler » December 2007

December 1, 2007
Fly the Moller M200 Jetson and your neighbors may think they’ve seen a UFO.
They may not take you coast-to-coast, or even to the next state, but two new personal aircraft could offer you a whole lot of fun for your money.
December 1, 2007
Piaggio Aero, the Italian aircraft manufacturer, has signed an agreement that calls for 22 Avanti II twin turboprop business aircraft to be delivered to U.S. fractional ownership operator Avantair from 2011 through 2012. Valued at $150 million, the deal represents "one of the largest sales in the history of Piaggio Aero," said company CEO Josй Di Mase.
December 1, 2007
-Pro golfer Douglas Tewell
December 1, 2007
Considering that the fractional-aircraft field was borne of a new business model and has been around for more than 20 years, it is perhaps surprising that the basic structure remains fundamentally unchanged: you purchase a share of an aircraft from the provider at a premium; you pay management fees, hourly rates and fuel surcharges; and at the end of your contract, you sell your share back to t
December 1, 2007
Jet manufacturers and many after-market completion centers offer owners an op
Inner beauty really does trump outward appearance-especially after factoring in comfort and utility. Your aircraft's interior, from the suppleness of the seats to the entertainment system, has a huge impact on both ownership experience and resale value.
December 1, 2007
Raytheon has entered into a definitive agreement to sell Flight Options, its Cleveland-based business aircraft fractional ownership division, to HIG Capital, a global private investment firm headquartered in Miami. The deal is expected to close before the end of 2007.
December 1, 2007
“I could never do what I do without the knowledge that I can drive to the air
An interviewer once asked an attorney what would be his worst courtroom nightmare. "Seeing Fred Furth sit down at the opposing table," he said.
December 1, 2007
About 14,000 new business aircraft valued at $233 billion will be delivered from 2007 through 2017, predicted Honeywell, the engine and avionics specialist, in its latest annual forecast. That's decidedly more optimistic than the firm's 2006 forecast, which predicted deliveries valued at $195 billion from 2006 through 2016.
December 1, 2007
The wide-cabin Challenger 605 updates a venerable member of Bombardier’s flee
A venerable member of Bombardier's business jet stable has been made over. The manufacturer has replaced the wide-cabin Challenger 604 with the $27.38 million (typically equipped) Challenger 605.
December 1, 2007
Zurich-based ExecuJet Europe has launched a "personal concierge" service for owners of business jets it manages. The service-designed to handle all travel needs with a "one call does it all" approach-makes available as many as four dedicated dispatchers who can supply 24/7 support.

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Quote/Unquote

“I have an obligation to get you to your destination. You have an obligation to pay. What else is there? We don't need 24 pages of legalese.”

-VistaJet founder and chairman Thomas Flohr, on the company's unusually brief, easy-to-understand contracts