Buyers' Guide

July 26, 2015
A charter or fractional provider's insurance can cause problems for customers. (Illustration: John Lewis)
If you’re a charter customer or fractional owner, your net worth may well exceed that of your flight provider. That would make you the deep pocket with the most to lose in an accident, yet you have no role in selecting the provider’s insurer or drafting its coverage terms. So how can you protect yourself? By performing the most dreaded task in all of aviation—reading the insurance policy—and by keeping these tips in mind:
July 21, 2015
Our 2015 directory of leading lift providers
July 19, 2015
Travelers who want to fly privately but can’t or don’t want to opt for full aircraft ownership have typically enjoyed three options: charter, jet cards and fractional shares. Choosing among them can be challenging, and now you have other alternatives to ponder as well, including lease arrangements, membership clubs and purchase-support programs. Let’s look at the pros and cons of each of these options.
July 13, 2015
Falcon 5X
Here comes the widest conventional bizjet cabin in the sky. Dassault revealed its long-anticipated large-cabin twin, the 5X, in late 2013.
July 1, 2015
Haeco Aircraft Engineering has created this cabin with a sushi bar.
Completions centers are getting creative about interiors
July 1, 2015
Traveling with the airlines these days often means paying extra for a ho-hum sandwich and bag of chips, but mealtime can be the highlight of a private flight for foodies. The bizav caterers listed here offer a wide range of options, including many that compare to what you’d enjoy in the world’s finest restaurants. 
July 1, 2015
wall of video monitors
About 89 percent of preowned-aircraft buyers and sellers work with brokers, according to Amstat, a business aviation market research firm. The question is, why don’t the other 11 percent? Without professional representation, you’ll likely get less than you could have when selling and pay more than you should have when buying. Not using a broker could cost you many times whatever you’d save by not paying his commission. Here are five ways a broker can bring value to the deal for both buyers and sellers: 1. Identifying the right aircraft. Brokers research and analyze your travel patterns, passenger loads, preferences, financial wherewithal and other factors to create a mission profile and identify models that meet your needs. They know details about cabin layouts and cockpits, and which aircraft are overvalued and undervalued. Only after a brokerage identifies targets does it consider the inventory, and if suitable candidates aren’t on the market, it will contact owners to find ones who might consider selling. 2. Striking the best bargain. Pricing an aircraft correctly is important for sellers, and recognizing a properly priced model is critical for buyers. But assessing the market can be tough. Though asking prices are publicly disclosed, sale prices aren’t. And because relatively few aircraft change hands in comparison with the number available, it’s difficult to determine market direction for specific models. Even value publications such as Vref and Aircraft Bluebook typically lag the market. Brokers can help by applying historical data to determine comparative values and because their industry contacts give them access to the details of many transactions. 3. Minimizing your time in the market. Every day an aircraft sits on the market, or that you haven’t acquired the airplane you need, costs you money and reduces your opportunities. Brokers minimize time on market for sellers with marketing campaigns and sales strategies that get noticed by agents of qualified buyers. Meanwhile, buyers don’t waste time on deadend deals, and worthwhile transactions are efficiently negotiated and consummated. In fact, brokers often buy or sell aircraft that are never publicly listed for sale. Without a broker, you won’t have access to this “off market.” 4. Facilitating international transactions. The business aviation market has gone global in recent years, with almost half of new aircraft delivered outside the U.S. That means your best candidate aircraft or sales prospect could be almost anywhere, and the transaction may require approvals from regulatory authorities and financial institutions across multiple borders. Just establishing clear title of an aircraft can be challenging in many parts of the world. Without a broker’s knowledge of international transactions, registration requirements and onsite contacts, these deals could never get done. 5. Adding long-term value. A broker’s contributions needn’t end once a deal closes. With aircraft failing to retain their historical residual values, brokers can provide post-purchase asset-management services aimed at maximizing your return on investment. For example, they can offer market intelligence, including transaction reports of relevant sales, buying trends and projections. This data can help you determine what upgrades to install in the aircraft or the best time to sell it.
July 1, 2015
Upgrading medium and large corporate jets to comply with new FAA mandates could cost $10,000 to $100,000. (Illustration: John Lewis)
January 1, 2020—that’s the deadline set by the U.S. FAA for most aircraft to be equipped with position-locating equipment known as ADS-B Out (Automatic Dependent Surveillance—Broadcast Out). ADS-B lets an aircraft determine its position using GPS signals, then broadcasts this data periodically to air traffic control.
July 1, 2015
Jennifer Leach English
It’s fitting that on June 3, right in the middle of production for our eighth annual BJT Buyers’ Guide, I had the privilege of traveling to Washington, D.C., to watch Gulfstream accept the prestigious Robert J. Collier trophy for its development of the G650 large-cabin, long-range business jet. The U.S. National Aeronautic Association presents the award annually to those who have made “the greatest achievement in aeronautics or astronautics in America, with respect to improving the performance, efficiency and safety of air or space vehicles.”
August 14, 2014
Photo: Flexjet
Notable Fractional Programs




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