Television producers will do anything they can these days to make ratings soar. When it comes to recovering an aircraft, the truth of the matter is that things are a bit more grounded than they seem on television. That's not to say there can't be a little turbulence along the way however. More often than not, the process of recovering an aircraft is as straightforward as it comes.
Speculation in the private jet market might be making a comeback. Seven or eight years ago, buying a new jet and flipping it to another buyer was becoming a lucrative way of making millions of dollars in profits for those with enough money to tie money up in large deposits or purchases. Although the business jet flipping trade completely died after the 2008 financial crisis, it's picked up again over the last few months--but not for most models. And on the downside, during the 2008 crisis, values of private jets dropped by up to 40 percent. We call that flipped upside down.
The general aviation market is always changing, but there are always a few players that make the biggest difference. While choosing these individuals was not easy with many talented people and friends in this industry, we are confident we'll see these names making news. Here are four people we think will shape the market in 2015:
Topics: aircraft market
Whether your mission is to get to the next big meeting in a flash or get away from work once the weekend has begun, getting there in style is key. At Charlie Bravo Aviation we understand that performance, price and operating costs are important. However, sometimes what matters most is being ahead of the pack, on the verge of the latest new thing. For this reason, we've compiled a top five list of the trendiest small business jets on the market.
Women around the world are breaking norms, breaking barriers and breaking records. It is no different in the world of aviation.
Flight is, and always will be a marvel of human achievement. The opportunity to "spread your wings" and fly is an unbelievable privilege and experience. Having said that, we also know the flying does come with some inherent risks. While plane crashes are uncommon (nearly seventy times less likely than a car crash), they carry some major repercussions. We feel it is important to know and understand the common causes for small plane accidents. Hopefully with this knowledge, you can appropriately plan for and avoid these issues, making your flight experience its absolute best.
We expect that the increased interest in the production of larger aircraft will continue through the end of the decade. We attribute this growth trend in the large jet market to both global economic growth and globalization and expansion of larger companies. It doesn't hurt that the number of billionaires continues to rise--and that they are purchasing more expensive jets.
Because there are not consumer protections for pre-owned aircraft and most contracts include “as-is, where-is” language, where and how well the aircraft was maintained are very important considerations. Furthermore, the pre-purchase inspection is vital.
Topics: Buying your own Plane
The popularity of ABC's Shark Tank television program has left many aviation-enthusiast viewers curious about private jets for celebrities. In particular, many people want to know what private jets are flying the Sharks across the skies. The following is a bit of info on the Sharks and their jets:
Pilots flying as Part 91 operators need to be aware of regulations government agencies such as the Federal Aviation Administration, Federal Election Commission, and Internal Revenue Service impose on flights with federal political candidates as passengers. Unfortunately, such regulations can be highly complex and confusing, so operators and aircraft owners need to do a little studying in order to fly office seekers without being hit with penalties.