Buyers' Guide

August 10, 2014
Your aircraft represents a wonderful business tool but also one of your largest potential exposures to catastrophic loss—one that could wipe out what you have spent years building. The importance of properly insuring against such loss should be obvious. Here’s a look at the most critical coverage types and clauses.
August 4, 2014
Happy Jet Illustration: John Lewis
When you’re buying a jet, months of work culminate the moment you sign the papers. You’re finished with research, analysis, due diligence and inspections. You’ve had the last of your consultations with brokers, attorneys, accountants, pilots and mechanics. The marathon has been run and now you can reap the rewards.
July 22, 2014
Which of the major bizav access models—charter, jet card or fractional ownership—best suits you? To begin to answer that question, determine which of the statements below apply to you. If more than half of the statements for an access option apply, it could be a good choice. Note, though, that not all statements carry equal weight; the hours you fly annually can trump other factors in determining whether a solution is appropriate.
July 20, 2014
Given the complexity of the deal and the money at stake, making a business aircraft change hands can seem almost like an act of magic. And as in Disney’s The Sorcerer’s Apprentice, acts of this sort are best left to professionals—specifically, aircraft brokers and their teams.
July 10, 2014
Dassault Falcon 7X
As soon as its 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 9, 2014
Daher-Socata TBM 850
Here’s a look at the world’s leading business jet manufacturers and their current and upcoming models.
July 9, 2014
Business aircraft passengers are constantly seeking the latest in cabin electronics from smart phone charging stations to in-flight connectivity. (Photo: Innotech Aviation)
A business aircraft cabin wouldn’t be complete without a full range of electronics, with the most important for many passengers being Wi-Fi capability, to download presentations and documents, access e-mail and conduct Internet research.
July 9, 2014
Xjet lobby
Fixed-base operations, commonly known as FBOs, have come a long way since their beginnings as nondescript trailers and shacks alongside airport taxiways. Many have morphed into well-equipped, stylishly decorated facilities that, for passengers on corporate and private aircraft, often offer a first impression of a town or city.
July 9, 2014
Food offerings from business aviation caterers mirror those found at top gourmet restaurants, but simpler fare such as burgers and sandwiches are also common. (Photo: Cunningham Photo Artists/Chef Charles Catering)
Food and beverages on private aircraft are a far cry from what you’ll find on most airline flights. Bizav caterers offer an array of delectable delights—everything from smoked Scottish salmon and tamarind honey lamb kabobs to mint and cucumber gazpacho, burgers with cognac sauce and raspberry pecan chicken salad.
July 8, 2014
Business jet static display. Photo: David McIntosh
Industry experts continue to blame lack of financing for the failure of business jet orders and sales to recover more rapidly since 2008. “Many sales are lost because prospective buyers can’t obtain financing or can’t obtain it on favorable terms,” says Andrew Bradley, president of global sales at Avjet Corporation. Bradley has even seen a bank require its client to buy a newer, significantly more expensive aircraft rather than provide financing for a slightly more than 10-year-old airplane of the same model. Indeed, relatively few business jets acquired last year were financed at all.

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Quote/Unquote

“Don’t play games that you don’t understand, even if you see lots of other people making money from them. ”

-Zappos CEO Tony Hsieh