Business Jet Traveler

December 1, 2007
Cessna CEO Jack Pelton (left) inks a big deal with XOJet CEO Paul Touw.
XOJet-a provider of business jet ownership, leasing and on-demand travel solutions-is expanding its fleet of Cessna Citation Xs. The company, which expects to own 17 of the Citations by the end of this year, has ordered 30 more of the high-speed, super-midsize jets, which are valued at a total in excess of $600 million.
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."
December 1, 2007
Don't expect charter-flight Web sites to offer the kind of one-stop booking you get with the airlines on Orbitz, Expedia and Travelocity. Nonetheless, many such sites now provide tools and data that make planning and arranging an air charter flight easy.
October 1, 2007
“We didn’t plan it, but lo and behold, I found we were making money with the
Michael Pascucci wanted to go to Florida. Never mind that he was only 13 and supposed to be in school. He bought an old Ford from a neighbor for $45; taught himself to drive; skipped out of classes in Manhasset, N.Y.; and, along with three friends, headed south.
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
When French airframer EADS Socata unveiled a souped-up version of its venerable TBM 700 single-engine turboprop in 2005, it billed the aircraft as the "anti-very light jet." Indeed, the TBM 850 will carry more payload, fly farther and typically complete a 500-mile trip about as quickly as a twinjet VLJ. It will also burn only about half the fuel and climb like a rocket.
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
Philadelphia Eagles linebacker Takeo Spikes believes flying privately is all
Brett Quigley had just finished a practice round for this year's Masters Golf Tournament at Augusta National in Georgia when a little voice in his head prompted him to turn on his cellphone. He's awfully glad he did. Moments later, a friend called to tell Quigley to hurry home because his wife was going into labor.

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Quote/Unquote

“You are so motivated to make sure the trip goes smoothly, because you know that the organs of these two kids are now going to save the lives of more than just a handful of other kids.”