Business Jet Traveler

October 1, 2008
Adam Scott
It didn't take long for 28-year-old golfer Adam Scott to accumulate all the trappings of sports superstardom. Eight years after turning pro, he commands more than $8 million a year in endorsement fees and has accumulated $23 million in tournament winnings.
October 1, 2008
Grob Aerospace filed for insolvency in Germany after its main source of capital suddenly withdrew financial support for the SPn light business jet program. CEO Niall Olver said the loan provider pulled out because of further delays in the certification program and resulting increases in the amount of money required to get the aircraft into service.
August 4, 2008
When it comes to pure climbing power, the Learjet 60 is hard to beat. This airplane doesn't just take off-it blasts off.
August 1, 2008
-Sandals Resorts owner Gordon "Butch" Stewart, in his Center Stage interview.
August 1, 2008
For an elite band of thrill-seekers, heli-skiing is the ultimate adrenaline rush. "We change people's lives," said Mike Olson, one of the three owners of Wasatch Powderbirds (www.powderbird.com), one of the nation's premier heli-skiing tour operators. "Anyone who does this has a sense of adventure that we respect."
August 1, 2008
Hawker Beechcraft has a program well under way to produce the Premier II update to the Premier I that will climb faster, fly farther and faster, and carry a bigger payload, according to the company. The Premier II will feature new 3,050-pound-thrust Williams International engines and performance-enhancing winglets.
August 1, 2008
Castle & Cooke Aviation has opened an FBO at Honolulu International Airport. The former Circle Rainbow facility received a $5 million upgrade, with renovation of the lobby, 18,000-square-foot hangar and 60,000 square feet of office space. Castle & Cooke plans to offer jet-A and avgas service later this year on an expanded general aviation ramp on the island of Lanai.
August 1, 2008
Sometimes, pilots must make the transfer from wings to wheels briskly.
What Americans call "landing gear," the British call "undercarriage," which really is much more logical. That's because an airplane uses its wheels not just to land but also to take off, taxi and sit around in the hangar. Whatever you call it, the part of the aircraft that allows it to move around on the ground has several distinguishing characteristics.
August 1, 2008
At the Aviation Insurance Association convention earlier this year, industry experts reported a mini-boom that is benefiting the insured, large and small. The reason: a credit crunch throughout much of the economy, triggered by the U.S. sub-prime loan debacle, has been driving capital, especially private-equity funds, toward less risky investments, including aviation insurance.
August 1, 2008
Geiger Excavating has sued Eclipse Aviation, seeking refund of a $150,000 deposit for an Eclipse 500 VLJ, plus pre-judgment interest and the cost of taking the case to court. Jay Geiger, president of Geiger Excavating of Fort Wayne, Ind., signed a deposit agreement for the aircraft in October 2000.

Pages

 

Quote/Unquote

“[New billionaires in fast-growing countries] have to buy longer-range airplanes. If you’re flying from Mongolia to Nigeria, it’s either a three-day journey flying commercial or a nine-hour flight on your jet.”

-Steve Varsano