Buyers' Guide » 2012

July 25, 2012
As soon as the first owner departs from the manufacturer’s delivery center, a new airplane technically becomes used (or preowned). For various reasons, however, 10 years after an aircraft’s final production date is generally considered the milestone separating “newer” used business aircraft from “older” ones.
July 25, 2012
Buying aviation insurance
Five years ago, a Falcon 900 with 15 people aboard was taking off from Santa Barbara, Calif. When the aircraft failed to climb, the pilots aborted the takeoff but the Falcon struck a berm at the end of the runway, collapsing the nose landing gear rearward. The pilots did manage to stop the jet and avoid what could have been a catastrophic loss.
July 25, 2012
10 steps to a successful aircraft financing
The business jet finance market is changing, just like the rest of the world economy. It’s becoming more highly regulated, more conservative and more international. Its biggest challenge is the surfeit of cash that many aircraft buyers have on hand with no compelling place to invest.
July 19, 2012
Considering a fractional share?
Largely because of the recession, the past few years have not been kind to the fractional-jet-share business. Many customers have opted for other forms of lift after having been disappointed by the residual valuations they received for shares when their contracts ended. Others have simply decided that this is no time to tie up a large sum in a capital purchase.

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Quote/Unquote

““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”

-David Yermack