Posts Tagged ‘private jet sales’
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….
A brief overview of some of the private jet sale companies supplying the business jet market. Here you can begin to explore the private jet for sale market.
The jets that people fly in corporate aviation are usually a lot smaller than those found with the airlines. Exceptions to the rule are Boeing’s BBJ and Airbus’ Corporate Jet, both of which are based on some of the smaller types of aircraft marketed to the airlines.
A corporate flight attendant is typically utilized on a “cabin class” aircraft. They are larger aircraft with usually 19 or less seats, where you can easily get up and walk around the cabin. Compared with a Westwind, Lear, or Cessna, the larger jets have an aisle to walk up and down upon and the headroom usually is adequate to allow easy passage of anyone under 6′ tall.
Some of the major producers of cabin class aircraft include: Bombardier Challenger/Canadair, Dassault Falcon Jet, and Gulfstream aircraft. In addition, Embraer has recently entered the market and there are various Hawker 800XPs and other similarly sized aircraft that sometimes will utilize a flight attendant. It really all depends on what the customer wants.
Across the board, corporate aircraft are exquisitely outfitted. Just about every creature comfort imaginable is included; literally the corporate boardroom is transplanted from the 41st floor to 41,000 feet!
Custom mahogany cabinetry, full leather seating, premium carpeting, wood-veneer paneling, chenille sofas, are some of the things found in the cabin, while the galley can be equipped with elm-burl wood, complete with personalized crystal barware. Many galleys also contain items such as a high temperature oven, microwave, dual Krupps coffee maker and hot cup.
Heres a quick overview of some of the aircraft available from private jet sale companies
Most of the Gulfstream aircraft in flight are under the designation of Gulfstream II, III, IV, and V. Although in the past few years, the company has changed the designations to 200, 300, 400, 450, 500, 550 with the lower numbered aircraft being smaller in size.
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Dassault Falcon Jet has several popular entries including the 900 and 2000. In a few more years the 7X will make its debut as the newest entry in the Falcon Jet family.
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Bombardier has several aircraft under theChallenger and Canadair moniker. Their newer aircraft will all have the Bombardier name, but in the meantime, the popular Challenger 604 and Global Express along with their 5000 model are some of the cabin class aircraft being flown today.
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Lastly, Embraer has recently entered the business jet fray with their Legacy aircraft. Long a builder of regional jets, Embraer aircraft should start showing up increasingly as they are the low cost price leader in their category.
This is just an overview of the more well known private jet sale companies that exist at the present. There are many more and a search for private jet sale companies on Google will find them.
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Dassault Falcon 2000 take off….
Aviation news around the net….
Flying in a Private Jet
Jean Paul told me that initially he had used the internet to find a private jet for sale. He got in contact with the Private Jet Company who brought him in contact with a supposedly private jet specialist.
Mine Flies Higher
A tipster points us to a used Bombardier Global Express for sale in Oregon similar to the one pictured here.
Starbucks puts its third corporate jet up for sale
The one that’s now on the block is a five-year-old Challenger 604 by Bombardier that seats 10. Read “Starbucks puts third corporate jet up for sale.
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Author: Matthew Keegan
Matt manages the Corporate Flight Attendant Community at http://www.corporateflyer.net and http://www.cabinmanagers.com In addition he runs the Aviation Employment Board a job resource center for aviators at http://www.aviationemploymentboard.com
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