Higher Fuel Costs Won't Hurt Aircraft Sales
We believe the answer is, "No." We looked at several spikes in fuel prices over the past 25 years, and while you would expect there is a negative impact of fuel prices on airline profits, this relationship is not consistent since 2001. Since 2001, the increase in fuel prices in 2006-2007 corresponded with record airline profits for the industry.
Private Jet: The Future Of Flying
Modern travel is not what it used to be. With so much wealth in the world, a global market and the need to move freely around the globe, the use of private jet services has become much more common. These jet services have risen to the challenge of filling a new niche for the corporate elite, and increasingly, the average traveler.
Private Jets Roll Out of Denton Airport
The Super Bowl brought in plenty of high-rollers on private jets. In fact, 400 private planes took off from DFW International Airport and 191 departed from Dallas Love Field after Sunday night's game. Planes were also lining up at the Denton Municipal Airport
Airbus delivers record number of corporate jets
Airbus delivered 15 corporate jets in 2010, worth more than US$ 1.5 billion at list prices, setting a new record for this facet of its business. The aircraft comprised 13 A318 Elites, Airbus Corporate Jetliners (ACJs) and A320 Prestiges, plus two VIP widebody A330/A340s.
Why the Snowpocalypse Is Paradise for Private Jets
The blizzard that dumped 12 to 32 inches of snow on the East Coast in late December wreaked havoc on commercial air travel and left thousands of business and pleasure flyers stranded. But for those wealthy enough to afford it, there was an avenue of escape: private jets.
Private jet skids off the runway
A private jet skidded off the runway while it was landing at the Waukegan Regional Airport last Wednesday. As of press time, there were no reported injuries from the accident and the plane only suffered minor damage.