Financial
XOJET Names Benjamin Murray President
(March 2, 2010)Business aviation leader XOJET announced that Benjamin Murray, former EVP of NetJets, Inc., and CEO of Executive Jet Management has joined as president. Mr. Murray will assume responsibilities for XOJET’s global business effective immediately, and will initially be focused
Private Jet Charter Business Up, Says Air Partner
(March 2, 2010)The past 18 months have dealt private aviation major fiscal blows and severe public scrutiny. But as the economy slowly begins to lick its wounds, the air charter industry is recovering faster than its counterparts, a result
Middle Eastern Private Jet market thrives
(March 2, 2010)The Middle Eastern private jet market is witnessing strong recovery, according to a leading operator in the region. Empire Aviation Group (EAG) says that its performance in January provides a strong follow-up to its 4Q 2009 recovery.
B/E Aerospace Q2 Profit Drops; Adj. EPS Beats Consensus
(July 29, 2009)B/E Aerospace, Inc., a manufacturer of cabin interior products for commercial aircraft and business jets, Tuesday reported a 35% decline in second-quarter profit, as revenues slipped across all segments, reflecting primarily stringent cash conservation measures implemented by airlines
Mao Zedong owned private jet up for sale
(October 9, 2008)Mao Zedong’s private jet is up for sale. The jet is currently showcased in a shopping mall, but the mall owners say that they need to sell the aircraft to make room for parking spaces. Property developers
Fed Up With Tax Aircraft Company Threatens To Fly Away
(May 2, 2007)Avantair, a mid sized aviation firm located in Clearwater Florida, has threatened an imminent move to North Carolina, unless legislators provide him with the same tax breaks afforded other smaller aircraft companies. The business, which sells aviation time
JetDirect Aviation and Sentient Jet to Merge
(April 19, 2007)JetDirect Aviation, LLC, one of the country’s largest full-service private jet operations, and Sentient Jet, Inc., the leading provider of private jet membership and one of the country’s fastest-growing private jet companies, today announced they are merging operations.
