Money

July 5, 2015
Buyers who face long waits for a new airplane may consider leasing on a short-term basis. (Illustration: John Lewis)
An aircraft buyer waiting for delivery of his new Gulfstream G650 once complained that the manufacturer “wasn’t promoting instant gratification.” Who could blame him? The scheduled delivery was eight years away. With a wait like that if you don’t have another aircraft that you don’t mind flying for the better part of a decade, you might as well buy one to tide you over.
June 30, 2015
As a charitable trust grows, its annuity will grow. (Illustration: John Lewis)
Are you facing the enviable task of trying to make a huge capital gain disappear legally? Well, if charitable giving is also on your to-do list, you should consider a charitable remainder trust.
May 15, 2015
A business jet.
What’s driving today’s faster depreciation rates?
April 20, 2015
Illustration of pile of paperwork and business jet engine
Governmental agencies demand that aircraft owners maintain voluminous, detailed records. Specialized software can help.
April 12, 2015
You can think of the government as partners. If your investment does well, you'll make more and so will the government.
Most of the time, it’s smart to get a job done sooner rather than later. When it comes to paying taxes, though, the opposite is often true: putting the taxman off as long as the law allows can be a powerful tool in building wealth, assuming the cost of deferring isn’t too steep.
March 10, 2015
Converting to a Roth can be beneficial even if your tax rate declines, but here the devil is in the details.
The decision can be achingly complex. Here’s help.
February 24, 2015
Interest rates remain shockingly low today, so you can still lock in a highly attractive fixed rate. (Illustration: Fotolia)
Financing an aircraft means wading through fine print.
January 20, 2015
Even fractional shareowners can find themselves acting as indirect air carriers. (Illustration: John T. Lewis)
Some charter brokers have become overly creative in the methods they use to stimulate business, running afoul of Department of Transportation requirements in the process.
January 20, 2015
A good financial adviser can add significantly to your wealth. (Illustration: John T. Lewis)
A good adviser can add significantly to your wealth through smart, sophisticated planning and investing.
December 17, 2014
If you’re thinking about acquiring a preowned aircraft, you couldn’t ask for a better time, says Dennis Rousseau, founder of online listing service AircraftPost. (Photo: © 2010 Mike Fizer/Courtesy Executive AirShare)
While professionals can point to indications of a turning preowned market, many have had their hopes dashed too many times in recent years to see the glass as half full.

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Quote/Unquote

““When I made the film The Invention of Lying, they gave me a private jet for getting back and forth between New York and London. I thought, ‘I will never use it’ but I ended up using it every weekend. You turn up, right, and the airport is completely empty. I mean, there’s just someone at the desk and then the pilot, who says, ‘Are you ready to go?’ and you say, ‘Don’t you want to see my passport?’ and he goes, ‘Oh yeah, I suppose I’d better.’” ”

-—actor and comedian Ricky Gervais