Business Jet Traveler » October 2008

October 1, 2008
Two weeks before Gulfstream Aerospace unveiled the G650 last March, a J.P. Morgan report predicted that the Savannah, Ga.-based aircraft manufacturer would launch two models this year.
October 1, 2008
Sales have been running far ahead of projections. Airbus took orders for 38 e
Charles Colburn, Boeing Business Jets/VIP director of marketing, was trying to explain the recent sales boom for his division's airliner-sized executive aircraft. "There's just been a tremendous rise in the number of billionaires," he said.
October 1, 2008
Taking care of an airplane is a big job, which is why many owners turn it over to management companies. As part of the arrangement, these companies often charter out the aircraft. Most of their charter customers are legitimate business travelers, but the government is now warning business jet charter operators about a different type of clientele-drug smugglers.

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Quote/Unquote

“"I've got a list of corporations that have gotten out of their airplanes [because of criticism from politicians]. It is the stupidest thing I've ever seen. When you look at the time and cost savings; it does not make sense not to fly [privately]. You can't let public perception interfere with your business decision to fly. It either is a good business decision or it isn't."”

-business aviation entrepreneur Nick Popovich