Business Jet Traveler » October 2007

October 1, 2007
After the recent capitulation in the equity market, an asset manager who is in charge of preserving his boss' capital was taking the temperature of the aircraft business. He was doing so at least partly because he saw a correlation-though admittedly not a clear or definitive one-between the appetite for corporate jets and the overall health of the economy.
October 1, 2007
The Air Charter Safety Foundation is working to develop an industry-wide audit standard by the end of this year. Such a standard would free charter operators from the need to undergo audits by each of several competing companies.
October 1, 2007
Pete Sampras returned Jim Courier’s attempts to beat him displaying his world
Set loose a pack of Maserati sport sedans on an empty runway, throw in an exhibition tennis match between two of the sport's greatest players and add a spread of gourmet catering. That was the recipe for a late July event for customers of charter provider Talon Air, a company that clearly knows how to liven up a Thursday afternoon.
October 1, 2007
Dubai Aerospace Enterprise (DAE) has announced that it is seeking a buyer for a division of Landmark Aviation called Airport Services Group. The group consists of 33 FBOs, an aircraft sales division, a charter management business, six maintenance shops and six Hawker Beechcraft authorized service centers.
October 1, 2007
Simply put, air charter is the front door for all things at the business aircraft level in general aviation. It precedes fractional ownership. It stimulates full aircraft ownership. The jet card programs couldn't exist without it. And for the manufacturers it represents a free "demo" program for their products.
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
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
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."

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Quote/Unquote

“When you get into the larger aircraft it becomes like a hotel, with dozens of staff supporting the plane based in a galley area down below. You have very comprehensive cooking facilities, and on larger aircraft we have looked at theatres, with spiral staircases and a Steinway grand piano. The limitations for what you can put inside a plane are pretty much the limits of physics, and even money cannot always overcome that. Even so, people are still always trying to push [the limits]. ”

-Howard Guy of Design Q, a UK-based consultancy