Media

Techies and financiers flush with AI cash race to buy private jets

The blockbuster SpaceX IPO and a surge of wealth from the AI industry are fueling a buying frenzy in the private jet market, with brokers reporting a surge of newly wealthy founders, investors and early employees looking to snap up aircraft — even as inventory dries up and prices climb. Business jet traffic is already reflecting the...

Don’t Tell Pilots My Private Jet Is For Sale

…”Owners usually don’t want the crew knowing, particularly in the current challenging staffing environment. We are seeing a significant increase in Off-Market aircraft as owners are now saying, ‘Perhaps, I don’t need a plane,’ and are worried about recession and value loss,” says Dan Jennings, President of The Private Jet...

Bloomberg – In The Loop : TPJC CEO Daniel Jennings talks with Betty Liu about resale value of Gulfstream G650.

Bloomberg – In The Loop : TPJC CEO Daniel Jennings discusses impact of cheaper oil on sale of private jets

China the next must have private jets

The new status symbol for China's ultra rich businessmen: a private jet. But before this fad can truly take off, authorities have to loosen up strict regulations governing the domestic airspace. By Kristine Lim ChannelNewsAsia.com SHANGHAI: China is gearing up for burgeoning growth in its business aviation market as it plans to build its...

China’s super rich create a whole new jet set

China is Getting Easier for Business Aviation But Flight Planning Expertise Still Makes Big Difference The new status symbol for China's ultra rich businessmen: a private jet. But before this fad can truly take off, authorities have to loosen up strict regulations governing the domestic airspace. AIN ONLINE by CURT EPSTEIN With business...

2022 is the Last Year for 100% Depreciation on a Private Jet Purchase, Increasing the Demand for Preowned Aircraft

July 6, 2022· Covid concerns may be easing, interest rates rising, and the stock market falling, but prospective business buyers of private jets are highly motivated to make their purchases this year because the "free ride" of 100% depreciation in the first year of use, afforded by the 2017 Tax Act, will end December 31, 2022...

Fed Up Corporations Turn to Private Jets

Between exhausting lines at security and countless flight delays and cancellations, the concept of a “quick flight” no longer exists. In reaction, many corporations are taking matters into their own hands by investing in corporate jets to fly executives and employees on business trips. For many companies, it is the time savings that...

Twice as Many First-Time Buyers Looked for Private Jets at End of 2020 vs. 2019

Private Aircraft Trends Twice as Many First-Time Buyers Looked for Private Jets at End of 2020 vs. 2019; Advice on Aircraft for First-Time Private Jet Buyers North Palm Beach, FL, February 17, 2021 – Driven by continuing concerns about Covid-19, the resulting cuts in commercial air service, and the possible end of Trump-era tax...

Prices of Private Jet Charters Expected to Rise, Availability and Experience Quality to Decrease Due to Growth and Consolidation of Jet Charter Business

Increasing Use of Sustainable Aviation Fuel for Private Jets Expected to Motivate More Buyers “The development of Sustainable Aviation Fuel can help reduce solid waste, clean the air, reduce our use of fossil fuels, and lower carbon emissions, but it will also enable aviation to continue to grow on a far more sustainable basis,” said...

Private Aircraft Buying Tips-5 Biggest Mistakes Made by 1st. Time Buyers

North Palm Beach, FL, Aug 10, 2021 – The explosive growth in the private jet charter business combined with ongoing consolidation among charter operators has created an environment where an increasing number of high-net-worth individuals and businesses are rushing to purchase their first private jet before the end of Trump-era tax...