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Flying Private, 6 Most Expensive Private Jets, Uber of Private Jets Doomed to Fail

Monday, May 13th, 2019

Finding the Right Fit for Flying Private Jets

Carlos Urrutia’s job is to fly private jets. But when he is on board the Bombardier Challenger 300, which he has flown for tens of thousands of hours, he does much more than that.

He welcomes the passengers on board. He stows their luggage. He offers each passenger a drink before takeoff, anything from water to coffee to a cocktail that he will mix. If someone can’t figure out how to work one of the eight seats that swivel or close the lavatory door, he’ll walk back while his co-pilot takes over and explain how it works.

Mr. Urrutia’s plane will also arrive at the destination faster and with less frustration than any first-class traveler on a commercial airline could dream of. It’s a nice way to travel — if you can afford the $10,000 an hour for the trip.

This is the world of private aviation. But even in that world, there are degrees of convenience, comfort and, to many, excess.

Continue reading on nytimes.com ->


6 Most Expensive Private Jets in the World

Today it’s a flight time in the high class – we bring you the 6 Most Expensive Private Jets in the World. Nowadays, airplanes are common things, with millions of passengers traveling by planes every day. Airplanes provide faster traveling and commodities and allow you to visit the long-distant locations easily. As in every other sphere of life, the exclusivity of private jets is reserved for the wealthy ones. They choose the private option, with jets produced only for this purpose and suited for their needs. Even though many air companies provide exquisite services to the wealthy people, many prefer to travel private in their own jets.

Today, we list the private airplanes of the super-rich people who pay enormous amounts of money to travel with exclusivity and style. Some of the planes on the list are worth as much as big airbuses owned by airline companies. The super-fast planes transport their owners to the corners of the Earth fast, and with style; the luxury of those planes enables the passengers to enjoy their flight in five-star cabins better than in many hotels. Let’s see the 6 most expensive private jets in the world.

6. Boeing 747-81 VIP owned by Joseph Lau

Boeing 747 81 VIP owned by Joseph Lau

5. Boeing 767-33A/ER owned by Roman Abramovich

Boeing 767 33AER owned by Roman Abramovich

4. Boeing 747-400 owned by Prince Al-Waleed bin Talal

Boeing 747 400 owned by Prince Al Waleed bin Talal

3. Boeing 747-430 owned by Sultan of Brunei

Boeing-747-430-Owner-Sultan-of-Brunei

2. Airbus A340-300 owned by Alisher Usmanov

Airbus A340 300 owned by Alisher Usmanov

1. Airbus A380 owned by Prince Al-Waleed bin Talal

Read the full story on insidermonkey.com ->


Why the ‘Uber of private jets’ is doomed to fail

The “sharing economy” refers to peer-to-peer technology companies that enable people to rent out unused assets, spare rooms, and parked cars. “Sharing” sounds touchier-feelier than “renting” or “brokering”. Its beauty is that the companies doing the enabling don’t own what they sell. Airbnb, the world’s largest lodging company, is valued at $24bn, but owns no hotels; Uber, at $50bn, doesn’t own a single car. Brilliant!

The explosive growth of the sharing economy has been driven by the networking effect of the internet. Now, a gold-rush mentality is at hand. Homestay enables you to rent out your spare room. Hovelstay brings garages and potting sheds into the fold. There are dozens of others. Vrumi turns your spare bedroom into someone else’s office. Where next for “space-recycling”? That luggage box atop your car, those empty rubbish bins … monetise them!

These disruptors are discovering whole strata of consumers who previously couldn’t afford to travel and lodge. Can space-recycling go upmarket? Onefinestay has shown that it can. The Stockholm Syndrome that held travelers captive in outmoded and expensive hotels and taxis is melting in the heat of creative destruction. No doubt Uber and Airbnb will evolve into sinister yet hackable personal databases, but that’s another story.

Is private aviation next for Uberisation? Rise is an American start-up aspiring to add “dead legs” and jet downtime to the sharing bucket list. Monetising idle jets is the Holy Grail, but I confidently predict Rise’s fall. However, Nick Kennedy, Rise’s messianic founder, deserves credit for fusing a subscription model to the sharing model.

Continue reading on Newsweek.com->


Flying on a private jet is getting much cheaper

Several startups are now allowing travelers to book single seats — which is making this a more affordable option.

The appeal of private air travel is hard to ignore: easy-to-reach airports, quiet terminals, no lines or long waits, reliable departure times, a peaceful flight. Traditionally, such privilege came at a steep price. You either had to charter your own aircraft with a broker or invest in a fractional ownership plan.

With the advent of by-the-hour programs like the Marquis Jet Card from NetJets, prices have come down a bit in recent years, though paying $5,000 an hour (or more) for a private plane is still relatively common. But several upstart companies are now allowing travelers to book single seats rather than entire planes—finally making this form of travel relatively affordable for people who don’t count themselves among the mogul and movie-star set.

Continue reading on Fortune.com->

Flying by Private Jet, Bombardier Shares Drop, Dining by Private Jet, HondaJet in South America

Sunday, May 12th, 2019

The Case for Flying Private on Your Next Buddies’ Trip

In some respects, Frank Granito is a frugal family man, a 55-year-old father of five who drives a sensible sedan and favors home-cooked fare over fancy restaurant dinners. Raised in a modest three-bedroom in the Bronx, he says he grew up “understanding what it takes to earn a dollar.”

But over time, as an attorney and avid golfer, he has also learned the pleasures of the private jet.

Cessna Citation XLS

Granito’s first exposure to that luxe form of travel came in 2008 when he and his family boarded a seven-seat XL Citation and flew from White Plains, N.Y., to Kiawah Island, S.C. They spent five days in the Lowcountry sunshine, enjoying rounds on three top-tier layouts, including the celebrated Ocean Course.

Private jet and golf

Yet the thrill Granito recalls as vividly as any was the rush he felt as the Citation surged toward takeoff, how rapidly it climbed, and how swift and hassle-free the journey proved to be.

“I never thought of myself as the kind of guy who’d be flying private,”

Continue reading about flying private on golf.com>>


Bombardier Shares, Bonds Drop on Business Jet Demand Doubts

Bombardier Inc.’s shares and bonds tumbled on concern that demand is weakening for business jets, a pillar of profit at a company struggling to develop its first commercial airliner.

Bombardier business jets

The sell-off probably was triggered by comments Wednesday from an aviation-parts supplier, B/E Aerospace Inc. about softening buyer interest in large-cabin executive aircraft, said Benoit Poirier, a Desjardins Securities Inc. analyst.

“They said the business-jet environment remains very tough, especially on the international front,” Poirier said in a telephone interview from Montreal, where Bombardier also is based. He recommends buying the stock.

Continue reading about Bombardier on Bloomberg.com>>


The Real Story Behind Private Jet Dining

Champagne and caviar, fancy dishes prepared by Michelin chefs, served to highly paid CEOs drinking vintage wines charged to their shareholders. If one reads stories in the general press that might be the image you would get about dining aboard private jets. In fact, it is by far the exception than the rule, say experts.

private jet catering

“(Private jet travelers) are top performers. It is more like being a private chef for a top athlete,” says Paul Schweitzer, Senior Vice President of Global Sales & Marketing at Air Culinaire Worldwide, which operates 16 kitchens in the U.S. and serves up about 600 orders a day. Shooting a hole in the idea that private jet travel is layered with excess, he notes orders from corporate flight departments average about $350, and that typically covers meals for three or four people. If that seems expensive, most of the costs are tied up in logistics. More on that later.

Private jet dining

Continue reading about private jet dining on forbes.com>>


Honda to Start Selling Jet in South America

Honda Aircraft Co. said Monday that it will begin selling its HondaJet business aircraft in South America, starting in Brazil.

Hondajet

The aircraft, designed and made at Piedmont Triad International Airport in Greensboro, will be showcased at the 2015 Latin America Business Aviation Convention and Exhibition in São Paulo on Aug. 11-13.

Continue reading about HondaJet at journalnow.com

Global 7000 Maiden Flight, Need to Know Before Flying Private, Business Aviation Innovation, ACJ Cabin Concept, OEM Development

Friday, November 11th, 2016

Business aviation is evolving constantly and we always keep up to date with training, education, and news about our industry to better serve our clients. Here are some of the business aviation news articles and stories from around the world that grabbed our attention this week ending November 11th, 2016:


Bombardier Global 7000 Aircraft Successfully Completes First Flight

First flight kicks off a rigorous flight testing program as planned

Global 7000 aircraft on track to enter into service in the second half of 2018

First and only clean-sheet business jet with four living spaces and a dedicated crew rest area, providing unparalleled comfort and interior design flexibility

Bombardier Business Aircraft today announced that its segment-defining Global 7000 aircraft program completed the successful maiden flight of its first flight test vehicle (FTV1). This first flight marks the start of a flight test program for the newest member of Bombardier’s flagship Global aircraft family, which is scheduled to enter into service in the second half of 2018.

The Global 7000 flight test vehicle took off from Bombardier’s facility in Toronto under the command of Captain Ed Grabman, assisted by his co-pilot, Jeff Karnes and Flight Test Engineer Jason Nickel under clear conditions at 10:25 a.m. EST.

Bombardier Global 7000 first flight

Dedicated to testing basic system functionality and assessing the handling and flying qualities of the aircraft, today’s flight lasted approximately 2 hours and 27 minutes, during which all flight controls were exercised, and the systems and aircraft performed as expected. The flight crew conducted a gradual climb to 20,000 feet (6,096 m) and the aircraft reached a planned test speed of 240 knots.

“The first flight is the culmination of an incredible amount of knowledge and experience from our dedicated employees, partners and suppliers,” said David Coleal, President, Bombardier Business Aircraft. “This is a very proud moment for Bombardier and confirms the Global 7000 aircraft program development is on schedule. It is the industry’s most innovative and uniquely designed business jet and the only aircraft on the market to offer four living spaces for unparalleled comfort and flexibility, creating an unforgettable experience for our customers. The Global 7000 business jet’s impressive capabilities promise to establish a whole new category for large business jets,” he added.

Bombardier Global 7000 at NBAA 2016

“This is a great day for Bombardier and a very proud moment for the thousands of employees who made this significant milestone a reality,” said Michel Ouellette, Senior Vice President, Global 7000 and Global 8000 program, Bombardier Business Aircraft. “Hard work and dedication from the entire team, including our suppliers, went into this amazing milestone of the development program. With today’s first flight successfully completed, all teams remain focused on meeting the program’s development and certification schedule and the aircraft’s entry-into-service in the second half of 2018.”

Continue reading about the Global 7000 maiden flight on Bombardier.com->


What You Need to Know Before Flying on a Private Jet

Booking private jets via an app has become popular in recent months. But here’s what to know before you buy.

A private flight at the tap of an app: It all sounds so seductive. But can the world of mobile technology really help to bring private flights to a mass audience, at a cost that isn’t that much higher than a first-class airline ticket? Not quite. While there’s something more to this than just hype, experts say we’re still far from the day when this side of aviation will be open to mass consumption. “You hear a lot about the ‘Uberization’ of the industry. “But that’s a big misconception.”

Flying Private

And while booking a private flight on a smartphone sounds appealing, the process may be lacking critical information. After all, it’s not like using a search engine to compare commercial flights: “You will see disappointments if you are just going on a picture of the airplane and the price,“ Tivnan says. The pool of private aircraft available for charters is far more varied than that of the typical commercial airline, encompassing dozens of models, ranging from lavish Gulfstream jets to tiny turboprops. For their part, industry executives acknowledge there’s a vast difference between experienced private jet fliers who have trusted contacts inside the business, to the more casual—or first-time—user.

“Of course, we recommend you charter your private jet with JetOptions”

Continue reading article about what you need to know before flying private on Conde Naste Traveler->


Why Business Aviation Must Innovate to Drive Recovery

In business aviation, sales slumps are usually broken by the arrival of new products, which explains why most forecasts predict any recovery will occur after 2017. That aligns with the arrival of several impressive models, such as the Bombardier Global 7000, Cessna Citation Longitude, Gulfstream G500 and Pilatus PC-24.

Business aviation innovation on display

But relying on new products to stimulate demand doesn’t always work. Sometimes projects get delayed, and, even if they arrive on time, the market might not move. Since 2015, manufacturers have delivered the Citation Latitude, Dassault Falcon 8X, Embraer Legacy 450 and the Honda Aircraft HondaJet. Each features impressive performance and new technologies, yet the market in most regions has shrunk.

To drive a real recovery, the industry needs to come up with a better way of doing business: one less reliant on new metal. While improved aircraft are still necessary, the sector needs to do more to stimulate demand.

Continue reading about innovation in business aviation on FlightGlobal.com->


Airbus Corporate Jet Curvaceous Cabin Concept

In the world of large-cabin business jets, there are Airbus Corporate Jet (ACJ) and Boing Business Jet—and then there’s everybody else.

ACJ 320 Neo at NBAA 2016

These are not the fastest or highest flying aircraft, but there is no question they redefine the meaning of ‘office in the sky’ and, in some cases, the sky’s-the-limit opulence achievable according to a customer’s personal preferences (and imagination). After all, they are highly customized derivatives of passenger jets flown by many of the world’s major airlines.

At the recent National Business Aviation Association conference and exhibition, Airbus introduced a new cabin concept for its A320neo (New Engine Option). Called Melody, the design features flowing lines inspired by naturally occurring curves, such as hilly horizons and desert dunes.

These flowing lines are represented in both the main pathway through the airplane’s cabin and the curved walls of zones within it. The approach also focuses on an environment that is quieter and better adapted to providing sound and vision in a home cinema setting.

ACJ 320 Neo Cabin

Airbus made extensive use of some of the latest technologies used in commercial and military aviation, such as weight-saving carbon fiber, in tables and cabinets and greater use of wi-fi. With a lighter cabin, Airbus was able to increase the range. In fact, both the ACJ320neo and the smaller ACJ319neo feature next-generation engines and wing tip sharklets for improved aerodynamics.

In addition to longer range, operators can expect to benefit from a 16% reduction in fuel consumption, according to an Airbus Corporate Jet official. The ACJ320neo can fly 25 passengers 6,000 nm or more than 13 hours, while the ACJ319neo can transport eight passengers 6,750 nm or more than 15 hours.

Continue reading about the ACJ cabin concept on Forbes.com->


Luxury Jet Maker Bombardier Finds Lift Amid Stalling Private Aircraft Sector

The Canadian plane maker Bombardier has reported a lower than expected adjusted net loss and said it expects to finish the year with improved operating margins in all of its businesses.

The company raised the lower end of its full-year forecast for earnings before interest and tax(ebit) to US$350 million from $200m, while maintaining the upper end at $400m.

Montreal-based Bombardier forecast revenue of $16.5 billion for the year, compared with its previous forecast of $16.5bn to -$17.5bn, after the company in September halved the 2016 delivery forecast for its CSeries mid-range aircraft.

Bombardier

The CSeries programme, which has been hit by production delays and cost overruns, has received a $745m investment from the Quebec provincial government.

Canada’s federal government has agreed in principle to invest in the company’s CSeries programme, but a deal is yet to be finalised.Bombardier said last month it would cut 7,500 jobs, mostly in its train-making division, the second round of layoffs this year, following extended delays and budget overruns in its aerospace business.

Bombardier said last month it would cut 7,500 jobs, mostly in its train-making division, the second round of layoffs this year, following extended delays and budget overruns in its aerospace business.

Bombardier delivered 36 business jets in the quarter ended September 30, compared with 43 in the same period last year. It delivered 16 commercial aircraft, two more than a year earlier.

The company’s net loss narrowed to $94m, compared with $4.88bn a year earlier. Revenue fell nearly 10 per cent to $3.74bn.

Bombardier booked non-cash charges of about $4.4bn on its CSeries and Learjet 85 programs a year earlier.

Continue reading about Bombardier on The National->


Original Equipment Manufacturers Advance on All Fronts

Anyone who attended the recent National Business Aviation Association (NBAA) convention and exhibition could plainly see there’s no shortage of innovation going on across the entire sector—whether it’s in the form of new and improved designs of jets and turboprops or in any of the numerous systems that enable these aircraft to meet the transportation needs of the most discerning, hard-driving business executives.

No less striking, at least from this observer’s perspective, is the difference in how various OEMs (original equipment manufacturers) seem to have approached the business of developing and certifying new models. If the process were track and field, parallels with sprint, relay and long-distance running events wouldn’t be a stretch.

On one end of the spectrum, you have companies like Honda Aircraft Corp.—the marathon competitor. HondaJet is the culmination of founder Michimasa Fujino’s 30-year dream of bringing to market the world’s fastest, most advanced light jet. This week Honda announced its first speed records over two recognized courses: Teterboro, N.J., to Fort Lauderdale, Fl., and Boston, Mass., to Palm Beach, Fl.

Hondajet

Then there are the “relay” competitors—companies who have mastered the science (and art) of producing clean-sheet designs in close succession aimed at niche market segments. Embraer, with its Legacy 450 and Legacy 500, and Gulfstream Aerospace with its G500 and G600, come to mind. Embraer disclosed that Brazil’s civil aviation authority, the European Safety Agency and the FAA awarded certification of the Head-Up Display and Enhanced Vision System for both aircraft.

Embarere at NBAA 2016 static display

Continue reading about OEM’s approach to developing new models on Forbes.com->

The 99 Problems With Flying Commercial Instead of Flying Private with JetOptions, Vice Media head blasts NetJets on Twitter, Dassault Falcon 50 First Flight Anniversary

Sunday, November 9th, 2014

The 99 Problems With Flying Commercial or 99 More Reasons to Fly Privately With JetOptions 

99 More Reasons to Fly Privately With JetOptions

Funny and on the nose article by Matt Meltzer on Thrillist about some for the many problems with flying commercial nowadays. You can avoid all of these problems by chartering a private aircraft from JetOptions:

These days, flying is right up there with going to the dentist and doing your taxes on the list of things people hate. All the pain, but no free toothbrush or refund check. Between awful people at TSA, flight attendants who hate you, and never-ending delays, it’s a wonder anyone ever goes home for the holidays.

And while there are probably a thousand things that make flying absolutely awful, we narrowed it down to the worst 99.

  1. Crying babies. Screaming babies. Babies who look at you the wrong way. All babies, pretty much.
  2. Anyone taking up too much overhead bin space with a bag they were too cheap to check
  3. And justifying it by saying “They ALWAYS lose my luggage”
  4. The airlines actually losing your luggage
  5. When your flight arrives at gate A2, your connection in 10 minutes will 100% be at gate Z79
  6. People who stand on moving walkways when you only have those precious 10 minutes. Or ever.
  7. The dude taking a conference call from the toilet stall
  8. Those a**holes whose nut allergies have ruined peanuts on planes for everybody
  9. Kids kicking the back of your seat, and unapologetic parents
  10. Boarding passes that’re completely indistinguishable from the Burger King receipts in your pocket
  11. People don’t actually look like ants AT ALL
  12. The guy who should’ve been required to buy two seats asking if he can put up the armrest

Read the rest of the problems with flying commercial at Thrillist.com->>


Vice Media head blasts NetJets on Twitter:

Shane Smith, the co-founder and CEO of Canada-based Vice Media, has tweeted Warren Buffett to say that NetJets should be “shut down” after the “terrible level of service” he received when flying on a NetJets-owned private jet with his family.

NetJets, a provider of fractional jet ownership, has been a wholly-owned subsidiary of Buffett’s Berkshire Hathaway since 1998.

Smith – who has over 110,000 followers on Twitter – also replied to a number of people that tweeted him, describing the company as “garbage,” “criminal” and “scandalous.”

Continue reading on corporatejetinvestor.com->>

 


Dassault Falcon 50 First Flight Anniversary tweet: