One of the more interesting and fast paced deals occurred from start to finish within one week. The seller was an East Coast based company operating a Boeing Business Jet and we were deep into a prebuy inspection for a buyer out of Asia. This buyer had last minute cold-feet and we were about to start the process over again from scratch when by chance the crew of a 757 on the same ramp as our BBJ called to arrange for a viewing on a Friday afternoon. The new buyer was based in the Middle East and had a very
How to make sure of getting the best inspection when buying a private jet We handled an outstanding-condition 2005 Global 5000 that was purchased from a Miami based home developer after several weeks of negotiation between the seller and the buyer, the CEO of a New York based property developer. This aircraft was put through a rigorous pre-purchase inspection at the Bombardier facility and our private jet broker specialist negotiated with the seller so that the few squawks discovered were quickly corrected at the sellers expense. As the broker representing the buyer we facilitated all aspects of the acquisition process including the Letter of
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 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...
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...
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...
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...
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...
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...
