Posts Tagged ‘aircraft’
As the recession continues apparently unabated despite billions of dollars being poured into failing worldwide economies the private jet for sale market continues to run into turbulence.
Business jet sales are being slaughtered by the continuing slump in the global economy, we take a look at whats going on.
There are those who forecast a very long recovery for the private jet industry. There was a time when a millionaire had only to produce 10% deposit to buy his own private jet but these days are long gone.
The slump in the jet market is not helped by the fact that it is no longer politically correct for large companies that have been bailed out by governments having their executives travelling by private jet.
The General Aviation manufacturers association say that deliveries of business jets have dropped more than a third in the first quarter of 2009 and their forecast for 2010 is not good. Aviation consultant Brain Foley from ‘Private Jet Daily’ said “We don’t see the number of deliveries even hitting 2008’s level in the next 10 years”
Experts seem to differ in agreement that manufacturers will receive more cancellations from buyers as confidence in early recovery continues to be low.
According to ‘Private Jet Makers’ the charter jet industry is just being maligned by the media and when the feeding frenzy is over things will bounce back to normal. But who knows what is ‘normal’ in this new financial climate, it seems that whoever is right there is no sign of the market improving anytime soon.
The good news for perspective buyers still looking to buy a private jet plane is that the glut in the Market with so many used business jet planes sitting on the tarmacs around the world is that it is a buyers market. Just take a look at the private jet ads and you see immediately that prices are being cut almost monthly as owners seek to unburden their embarrassing liability.
It may also be that the emerging economies will lead the way as the world economy continues its merry go round maybe its someone else turn to take the lead in private jet ownership.
Take a look at debate about who took a private jet to the conference, its uncomfortable for some….
Private Jet Plane news from around the net…
Private Jet Company Buys Jets.com
Jets.com Sells for $375000, One of Three Six Figure Sales at Sedo – The Domain Industry’s News Source. September 22nd, 2009….
The Difference Between Private Jets for Sale and Fractional Jet Ownership
Well, when it comes to finally purchase a private jet that you always wanted you need to look at the various costs. Whether it is maintenance or hanger charges….
In concept, VLJ’s sem like the simple answer to the normally expensive nature of private charter jet service. They are cheap to buy (many being sold for under $2 million), cheap to operate and have a fairly decent range (over 1000 nm). So why haven’t they worked? Why isn’t air taxi service the new trend in mid-range air travel?
The basic answer is it’s still not cost effective and the normally standard amenities of a “business jet” are absent in a VLJ. The quick shutdown of DayJet LLC in Florida is a great example of the inability of the “air taxi” concept to make money. DayJet claimed they needed an additional profit of 40 million to stay in business. The soaring price of jet fuel (sometimes as high as $9/gallon) is also a major stumbling block to many pilots and Air taxi companies.
With regard to amenities, the VLJ’s are lacking. VLJ’s usually have no bathroom. If they do it’s usually covered by a curtain or is called an “emergency toilet”. I know for sure that I don’t want to use or watch someone use an emergency bathroom while on a 3 hour flight. Small cabins and lack of galley are other missing amenities that some business travelers cannot overlook.
Another major concern is safety. The biggest safety difference is that VLJ’s are only built to hold 1 pilot. If the pilot has any problems in the air, the whole aircraft has problems. How many business travelers are willing to take that risk.
VLJ’s are not the answer. The business jet market will probably stay out of reach for the everyday business traveler. With the number of newly rich coming on daily, the business jet market will see plenty of opportunity in it’s current market. Market expansion for the private jet market does not currently seem like a feasible opportunity.
So what about the opposite view?We include here a video on the Cessna Citation Mustang Very Light Jet (VLJ) to see what all the fuss is about.
AirportBusiness.com Great Expectations
In that respect the expectations have been met, said Cyrus Sigari, co-owner of JetAVIVA, a very light jet brokerage and services firm in Van Nuys. “It is still cool to own a VLJ,” Sigari said.
Manufacturers Sharpen up for Javelin Very Light Jet Production
Aviation Technology Group and Israel Aerospace Industries plan to begin assembly of the prototype of the Javelin Mk10 very light jet
VLJS – Very Light Jets
The very light jet or VLJ will be much cheaper, than private jets before. That`s why private aircraft charter will be affordable to a much wider range of clients in the future.
Author: Johnny Ceto
John Czetto
Article Source: http://EzineArticles.com/?expert=Johnny_Ceto
Boeing’s 737-7BC BBJ demonstation aircraft (Registration : N836BA) en route to the Paris Air Show 2011. This HD footage shows the aircarft taxiing and departing Cork Airport, Ireland en route to Paris Le Bourget Airport, France for the 2011 Paris Air Show. The aircraft is a 737-700 which has been adapted as a business jet.
A Citation Encore corporate jet en route and landing at Sarasota Florida. The Cessna Citation Encore is an upgraded Citation V with PW535A engines that produce 3400 lbs. of thrust each. This private jet can easily fly 8 passengers and bags into and out of smaller airports. It is capable of climbing to 45000 feet, cruises at 425 kts, and has an approximate range of 1400nm. The Encore is commonly used as a corporate or charter jet. Shot with Sony MHS-PM5/V bloggie Pocketable HD Camera
www.jetcharter.com famed Victoria’s Secret swimsuit and lingerie model, Adriana Lima, flies the V1 Jets Seaplane to the Hamptons for an afternoon PR event. To fly our 1999 Cessna 208 Caravan or 2000 Cessna 206 to and from the Hamptons for only 5 p/seat. With access to 4000 private jets worldwide. V1 Jets has streamlined access to a vast assortment of large capacity private jets operated by certified air carriers for all of your corporate air charter needs. From Gulfstreams to Challengers, we can arrange an air charter flight for groups of up to 18 passengers in various seating configurations. OR to request private charter rates on our seaplanes or any other type of aircraft, call 877-4MY-JETS. or visit www.jetcharter.com
A Ride on a Boeing Business Jet. An inside look. N127QS N129QS
Incredible footage from the cockpit of a Cessa 550B Citation Bravo Private Jet (Registration : D-CHZF) on approach to runway 17 at Cork Airport, Ireland. Visibility was quite poor at the time as you can see in the footage. The approach landing lights only appear out of the cloud a few seconds before touchdown. The approach up to that point was an ILS instrument approach. This private charter flight originated in Stuttgart, Germany which is the home base of this aircraft which is operated by Stuttgarter Flugdienst GmbH. This aircraft was manufactured in 1999 and can carry 7 passengers. It’s range is 1860 nautical miles with an average cruising speed of 461mph. Addendum (10/02/2011) – Dedicated to the memory of those who lost their lives in a crash landing on approach to this same runway in fog on 10th February 2011 aboard a Manx2 flight from Belfast – “Ar dheis Dé go raibh a anam dílis”
Full HD footage of Gulfstream GIV-X (G450) executive jet (Registration : N851CB; Serial : 4132) departing from runway 24 at Shannon Airport, Ireland. As you can see the runway surface was quite wet at the time and the engines threw up quite an impressive spray as she departed. This aircraft was delivered on 5/11/2008 and is owned by Pleasant Aircraft Leasing Llc in Newbury, California, USA. It is powered by two Rolls Royce TAY 611-8C turbofans. This was filmed with a Samsung HMX-H200 camcorder.
www.CerretaniAviation.com – Specializing in private jets for sale, corporate aircraft, business jets and other planes and aircraft for sale from names like Gulfstream, Cessna, Hawker, Learjet and more. Check out our recent listings of private jets and aircraft for sale, our recently sold aircraft, contact us to discuss selling your aircraft or let the online Plane Finder, the ultimate guideto finding the best plane, find a plane to fit your needs. Our experience is extensive. Whether you’re purchasing selling or simply wishing to plan future strategies Cerretani Aviation is eager to put our wisdom and expertise to work for you in all major areas of general aviation, even fractional ownership. From initial market analysis to pre-purchase inspections and contract analysis, it’s unlikely you’ll encounter a scenario we have not successfully navigated in the past. We welcome the opportunity to put this experience to work for you. Contact us online at Cerretani Aviation .com or call us at 303-469-4114
Dave Morss takes Tom in his Delfin L-29’s front seat for a Fathers Day treat.
We get intrusive x-rays and hands-on junk rubs, but the “FAA is Missing Info On 120000 Planes”? Reports surfaced on Friday that the Federal Aviation Administration (FAA) “lost track” of nearly 120,00 private aircraft. There are more than 357000 registered aircraft in the FAA’s database and “approximately one third of the … registered aircraft records are inaccurate,” the agency said. The Aircraft Owners and Pilots Association (AOPA) stated that the registration problems, including inactive owners and invalid addresses, are “no threat.” The GOOD news is the Dept. of Homeland Security did shut down a number of file-sharing programs and copyright infringements over the Thanksgiving holiday. FAIR USE NOTICE This video may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a ‘fair use’ of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 USC Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.
The world’s leading business aircraft producers have brought their latest models to the business aviation show in Moscow.
A Delfin L-29 owned at the time by Dave Morss. A quick look at the Delfin as a gentleman takes a flight in the front cockpit.
A taste of the good life, on us….
Dassault has introduced a jet that changes the playing field for business jet manufacturers operators and pilots. That jet is the million Falcon 7X…
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Private Jet video taken at Teterboro of an operator’s Gulfstream 3 cockpit. Visit Us At:- www.privatejetsintl.com
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Private jet-aircraft industries used by the super-rich are also being hit by the sharp economic recession, and there are plans to manufacture new super-sonic jets to rake in the cash from the wealthy.