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
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
"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
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.
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
Las Vegas topped the list of the most popular leisure destinations this past summer for participants in Flight Options' fractional ownership, aircraft management and charter
October 1, 2007
Activity in the second quarter of this year raised the order backlog at Hawker Beechcraft to a record $5.1 billion, roughly double what it was at this time last year. However, the purchase of Raytheon's aircraft division by GS Capital Partners and Onex Partners for $3.3 billion cash led to an operating loss of $36.6 million.
October 1, 2007
It can be difficult for the family on one side of a weather front, where the
In a recent discussion of sports with my British colleague Charles Alcock, he talked about England's historic admiration for what he described as the "gifted amateur." This was illustrated best in the 1981 movie Chariots of Fire, the story of Harold Abrahams, the gold-medal winner in the 100-meter dash at the 1924 Olympics.

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