Business Jet Traveler » February 2010

February 1, 2010
After used aircraft inventory reached an all-time high last July, the market sustained a month-over-month decrease in supply, falling 8 percent below its peak of 3,100-plus.
February 1, 2010
This small-cabin (light) jet has lower per-mile direct operating costs than contemporary models such as the dassault falcon 10 and learjet 35A, and the acquisition cost is only 20 percent of what you'd pay for a similarly performing very light jet. Plus, you can tweak a citation i to the point where it even outperforms many new aircraft costing millions more.
February 1, 2010
If you want to fly on designated “peak travel days,” you have to give your pr
A chief selling point of fractional flying is its simplicity. Unlike charter customers, you don't have to bother with shopping for a flight; and unlike full owners, you don't have to worry about maintenance, storage and hiring crews. The fractional provider takes care of all that.
February 1, 2010
If your management company has control of the aircraft, the IRS could charge
Managing a multimillion-dollar aircraft isn't just another chore, it's a full-scale business-a business many owners want help with. "We're overwhelmed right now," said Scott Phillips, whose company, Jet 1 Charter, provides management and charter services in Naples, Fla.
February 1, 2010
Has there ever been a better time to be a charter customer? Rates have declined significantly and aircraft  availability is unfettered. Yet some charter operators are advising regular customers that now is the time to consider buying an aircraft, and more charter users are seeking acquisition advice on their own, according to some charter companies.
February 1, 2010
Three key figures in the banking industry's attempt to rebound from the financial crisis missed a much-hyped 11 a.m. meeting at the White House on December 15 when their flights were canceled because of fog at Washington National Airport.
February 1, 2010
“It’s as if you book a hotel and have no idea what you are getting except a b
Remember Victor Kiam-the man who liked Remington electric razors so much he bought the company? Well, you might say VistaJet chairman Thomas Flohr is Kiam's alter ego-he disliked an industry so much that he started a company to try to fix it. The industry in question is business jet charter.
February 1, 2010
Even though your jet may be hibernating, don’t try to skimp on costs by negle
The recession's lingering effects may prompt you to consider storing your aircraft until conditions improve. That can make sense if you need to slash your flying costs yet don't want to sell your airplane while prices are depressed.
February 1, 2010
One glance out your window at Florida's Jules Undersea Lodge should be enough
To reach most hotels you simply fly or drive there, but to get to Jules Undersea Lodge you'll also need scuba gear. Located at the bottom of a lagoon in Key Largo, Fla., the freestanding resort sits at a depth of 21 feet and is monitored 24 hours a day from a nearby "surface control center."
February 1, 2010
We all have plenty of operators to choose from when we need to book a charter flight. I stay loyal to the ones that do the best overall job for me. I might not fly with them often, but when I need an airplane in their part of the country, they're the ones I call.

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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