Business Jet Traveler » October 2007

December 1, 2007
Proposed regulations on deductions for entertainment use of business aircraft, issued by the IRS in June, are meant to help aircraft owners comply with changes to the Internal Revenue Code that were introduced in the 2004 Jobs Act. Those changes disallow tax deductions if certain top executives, called "specified individuals," use the aircraft for "entertainment."
October 1, 2007
When Gulfstream purchased Galaxy Aerospace in 2001 for $330 million, the deal was sort of the aviation equivalent of the reality television show Flip This House. With an eye to quick profit, an investor on the show snaps up a distressed property he thinks needs only new paint, then discovers the place is infested with termites and has a rotting roof. Whoops.
October 1, 2007
With the LS600hL, Lexus has given the hybrid propulsion system popularized by the Toyota Prius some serious muscle and cloaked it in luxury robes. The "h" stands for the hybrid V8/electric motor powerplant that drives all four wheels and the "L" is for long wheelbase, which describes the expansive but not quite Maybachian rear passenger area.
October 1, 2007
Going once, going twice...sold! An Eclipse 500 very light jet was sold to hig
Already a symbol of a revolution in personal aircraft, Albuquerque-based very light jet maker Eclipse Aviation is setting out to change how people buy airplanes. Fulfilling a promise made seven years ago-long before the first Eclipse 500 rolled off the assembly line-the company recently put one of its early production aircraft on the Internet auction block, using technology from eBay.
October 1, 2007
"I've never had a day when we didn't catch lots of fish," said Brad Frankhouser, one of 20 fly-fishing guides at Spring Ridge Club in rural Spruce Creek, Pa. "Some days are tougher than others, but if people do what I suggest, they're going to have a great day."
October 1, 2007
Before you fly, take a moment to consider whether you risk spreading disease to fellow passengers-or vice versa. "People know tuberculosis, colds and flu are contagious," said Dr. David Streitwieser, medical director for MedAire's MedLink Service.
October 1, 2007
Because of a budget compromise agreed upon by California's Senate in August, aircraft buyers in that state will again get a tax break that was taken away three years ago. That's when lawmakers changed the use-tax-liability test period, requiring out-of-state aircraft purchasers to keep their airplanes out of California for a year-rather than 90 days, the previous rule-to avoid the tax.
October 1, 2007
ExcelAire pilots Joseph Lepore and Jan Paladino were no-shows in São Paulo, Brazil, August 27 as court hearings began regarding the mid-air collision involving their Embraer Legacy 600 and a Gol Airlines Boeing 737. The Legacy landed safely at a military field but the airliner crashed in the Amazon, killing all 154 people aboard and creating a national furor over aviation safety.
October 1, 2007
Three thousand kilometers from tidewater, a porpoise surfaces. Then a foot-long skinny slasher of a fish grabs the streamer fly you strip through water the color of Lapsong tea and shreds it. Sweat runs down your nose. The February sun blazes.
October 1, 2007
Swiss-based aircraft operator PrivatAir is preparing for the full launch of its Select Membership block charter program late this year in the U.S. and expects to extend it to European customers in early 2008. PrivatAir has been quietly offering the program to some U.S. clients over the past two years, during which time it has refined pricing and the service structure.

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“"How many leaders actively seek out and encourage views alien and at odds with their own? All too few...Who in your organization serves as your Challenger In Chief? Interrogating the choices you are considering making? Making you consider the uncontemplated, the unimaginable and that which contradicts or refutes your position? And also challenging you?"”

-Noreena Hertz, author of Eyes Wide Open: How To Make Smart Decisions in a Confusing World