Business Jet Traveler » December 2007

June 20, 2008
Do you have a favorite in-flight meal or caterer you’d like to see featured h
The Dish: Roasted farm-fresh New England veal tenderloin coated in a crust of puree of fennel, garlic and sage. The veal is centered with steamed Maine lobster served with cognac butter.
December 1, 2007
-Pro golfer Douglas Tewell
December 1, 2007
Considering that the fractional-aircraft field was borne of a new business model and has been around for more than 20 years, it is perhaps surprising that the basic structure remains fundamentally unchanged: you purchase a share of an aircraft from the provider at a premium; you pay management fees, hourly rates and fuel surcharges; and at the end of your contract, you sell your share back to t
December 1, 2007
Jet manufacturers and many after-market completion centers offer owners an op
Inner beauty really does trump outward appearance-especially after factoring in comfort and utility. Your aircraft's interior, from the suppleness of the seats to the entertainment system, has a huge impact on both ownership experience and resale value.
December 1, 2007
Raytheon has entered into a definitive agreement to sell Flight Options, its Cleveland-based business aircraft fractional ownership division, to HIG Capital, a global private investment firm headquartered in Miami. The deal is expected to close before the end of 2007.
December 1, 2007
“I could never do what I do without the knowledge that I can drive to the air
An interviewer once asked an attorney what would be his worst courtroom nightmare. "Seeing Fred Furth sit down at the opposing table," he said.
December 1, 2007
About 14,000 new business aircraft valued at $233 billion will be delivered from 2007 through 2017, predicted Honeywell, the engine and avionics specialist, in its latest annual forecast. That's decidedly more optimistic than the firm's 2006 forecast, which predicted deliveries valued at $195 billion from 2006 through 2016.
December 1, 2007
The wide-cabin Challenger 605 updates a venerable member of Bombardier’s flee
A venerable member of Bombardier's business jet stable has been made over. The manufacturer has replaced the wide-cabin Challenger 604 with the $27.38 million (typically equipped) Challenger 605.
December 1, 2007
Zurich-based ExecuJet Europe has launched a "personal concierge" service for owners of business jets it manages. The service-designed to handle all travel needs with a "one call does it all" approach-makes available as many as four dedicated dispatchers who can supply 24/7 support.
December 1, 2007
Preowned Aircraft Annual Report 2007
Like sharks hunting for fresh blood, business jet buyers in 2007 used brokers as sonar to zero in on their hard-to-find prey. Then, early in the acquisition process, some customers tended to over-negotiate, not fully grasping how rapidly the market was changing. Consequently, they let their quarry slip away and once again found themselves swimming against the current.

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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