Money

April 1, 2007
What you'll pay for air charter varies not only by aircraft but by region. Here are the average per-hour rates for popular aircraft nationally and in the South Central U.S., now and a year ago. Look for price data for other parts of the country in future issues.
April 1, 2007
They don't come to market wearing a scarlet "A." But some business jets have a past that can make potential buyers view them as damaged goods-and greatly reduce their resale value. Their flaws, in the eyes of shoppers, may include relatively high airframe time, corrosion, foreign ownership, missing or incomplete logs and damage history.
February 1, 2007
Like a train pulling out of the station, preowned-aircraft sales chugged at the start of 2006 but gathered speed as the year unfolded. By the fourth quarter, it was full steam ahead and now the sales surge looks poised to roll well down the tracks of the new year.
February 1, 2007
What you'll pay for air charter varies not only by aircraft type and model but by region. Here are the average per-hour rates for popular aircraft nationally and in the Southeast U.S., now and a year ago. Look for price data for other parts of the country in future issues.
February 1, 2007
Longer loans have led buyers to seek more fixed-rate financing.
The current climate for business aviation financing is not what you might expect. In today's market, you may have to wait three or more years for delivery of a brand-new aircraft. Meanwhile, inventories of many pre-owned models are lower than they've been in several years. With so few aircraft for sale, the financing business must be struggling, right? Wrong.
February 1, 2007
You most likely think of a hangar as a place to be rented by the month to protect an aircraft from high winds, hail and paint-blistering sun. Hangars, however, can also be investments, and investment options have grown to include condominium-style arrangements and, more recently, long-term prepaid leases.
December 1, 2006
What you'll pay for air charter varies not only by aircraft type and model but by region. Here are the average per-hour rates for popular aircraft nationally and in the Northeast U.S., now and a year ago. Look for price data for other parts of the country in future issues.
December 1, 2006
Lloyd Geist, chief pilot for Jet Management Inc., was standing nearby in an airport terminal when another business jet pilot dropped off his rental car. A customer service rep told the other pilot he'd have to pay $4.75 per gallon to refill the vehicle's gas tank. "That's OK," he told her. "It's not my money."
December 1, 2006
Challenger 604
After a two-year buying spree, business jet sales in 2006 reverted to a more typical cyclical pattern. Overall, sales remained strong, but the year was characterized by ups and downs. We witnessed a lackluster first quarter, followed by a buoyant second quarter and a summer slowdown.
December 1, 2006
Thinking about making your aircraft available for charitable flights? Before you do, be sure you understand the relevant FAA and IRS rules. If you don't, you might wind up needing almost as much help as the charity.

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Quote/Unquote

“I have an obligation to get you to your destination. You have an obligation to pay. What else is there? We don't need 24 pages of legalese.”

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