The changing face of global commerce is rerouting flight plans. “Many companies are using large-cabin, long-range business jets to provide nonstop access to overseas markets, especially Brazil, Russia, India, China and South Africa,” said Ed Bolen, the National Business Aviation Association’s CEO. “These airplanes can deliver business people to long-distance destinations within hours, greatly increasing the efficiency of travel and optimizing the work schedule.”
Rather than downplay the HondaJet’s unconventional look, with its over-the-wing engine mount (OTWEM), the manufacturer has chosen to embrace it. The new ad campaign features a series of clever images that suggest the frontal shape of the developmental jet, with appropriately positive connotations. Knowing the history of the HondaJet’s development, I love it.
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.
Barbara Barrett, CEO of Montana’s Triple Creek Ranch luxury resort, wears a cowboy hat but also many other hats: former U.S. ambassador to Finland, attorney, graduate school president, pilot, horsewoman, adventurer and astronaut.
Lush turf meets the sparkling sea at the Dominican Republic’s Corales Golf Club.
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.
“You’re absolutely right—and you can’t stand up in your [expletive] Rolls-Royce, either.”