Bizav | International Aviation HQ

23Apr

By Gareth SeagullNo Comments

Analysis

Is Aviation a Good Investment?

An industry worth a staggering $3.5 trillion globally, aviation is arguably one of the most lucrative industries to be in after ones like tech, healthcare and financial services yet so many aviation companies go out of business each year. But it's not just the small ones with limited financial resources that go bust; each year we see headlines with a major international airline declaring bankruptcy or entering bankruptcy protection, whilst others report record profits. So all this begs the question: Is aviation a good investment? All in all, assuming you have the knowledge in your particular sub-niche of aviation, and the financial resources to make it successful, aviation is a good investment. The things that sink a company quickly is bad management and a lack of money. ...

23Mar

By Christopher HarrowNo Comments

Analysis

What is a Fixed-Base Operator (FBO)?

Fixed-base operators, also known as FBOs, are the backbone of most airports' operations. Yet most of us - including seasoned fliers and avgeeks alike - what they do exactly is something of a mystery. Indeed, it's one of those terms that's used a lot within the industry, but is somewhat unknown by most outsiders or casual enthusiasts. A fixed-base operator is an organization (typically a for-profit company) rights to provide a v What is an FBO? What do Fixed-Base Operators Do? A History of FBOs How Many Fixed-Base Operators Are There? At present, there are an estimated 5,000 FBO airports located across the world, 3,000 of which are located in the United States alone. This number is expected to grow to 6,000 by 2030 and as high as 7,500 by 2050 according to ...

Inside The Interesting World of Aircraft Dealers

16Mar

By Charles YongzhengNo Comments

Analysis

Inside The Interesting World of Aircraft Dealers

Like many avgeeks, I have spent countless hours scrolling the internet looking at aircraft for sale. Whilst many of these ads were placed by brokers or aircraft owners, a large minority were placed by so-called aircraft dealers. Unlike used car dealerships, whose role is remarkably similar albeit it with cars rather than aircraft, aircraft dealers are not as universally hated, with many in the aviation industry seeing them as vital to the industry. Just not in the way they like to think... (adsbygoogle = window.adsbygoogle || []).push({}); What Are Aircraft Dealers? An old joke in the industry is that aircraft dealers are kind of like a mixture of used car dealers and real estate agents, in the sense that they are unregulated (like car dealers) and are high ma...

2Mar

By Charles YongzhengNo Comments

Executive

Cessna Citation X+: Too Fast?

Playfully known as the "Lamborghini of the Skies" the Cessna Citation X+ was not only meant to be the world's fastest business jet in the skies, but also capture the same popularity its predecessor, the Citation X, had. But that wasn't the case. Instead of selling well over 300 times and having a 20 year-long production run like the Citation X did, the Citation X+ sold only 29 times over a period of just four years (2014-2018)! Background At the 1990 NBAA in New Orleans, Cessna unveiled what it called the Cessna 750, later marketed as the Cessna Citation X, a development of the popular Citation III jet. Intended to replace the company's existing lineup of Citation jets, including the Citation III, VI and VII, Cessna promised that the Citation X would be the fastest civ...

How Richard Santulli Became The Father of Fractional Ownership

26Jan

By Gareth SeagullNo Comments

Executive

How Richard Santulli Became The Father of Fractional Ownership

Though not as famous, Richard Santulli is up there with the likes of the Wright Brothers and Igor Sikorsky for his contribution to aviation field. But unlike them, Richard didn't make aircraft, he pioneered a new use for them. As the driving force behind NetJets, a company he founded and led for a quarter of a century, Richard created not only the notion of fractional jet ownership but also proved it could be successful - even when everyone else said it couldn't be done... (adsbygoogle = window.adsbygoogle || []).push({}); Early Life Richard T. Santulli was born on August 14 1944 in Bensonhurst, Brooklyn, New York. The son of a civil servant, Richard developed a passion for horses at an early age, eventually learning to ride and spent his teenage years riding i...

22Dec

By Alya KulikovaNo Comments

Executive

How to Charter a Private Jet: The Complete Step-by-Step Guide

As airlines continue to cut costs by cutting amenities, more and more people are turning to private jets. 1. Understand Your Needs 2. Contact a Jet Broker Once you understand your needs, your best bet would be to contact a professional jet broker. Yes, you will end up paying their fees, but in most cases it's cheaper and far easier than doing it yourself. Though you could easily contact an operator for a quote, you'll end up with a much more expensive quote simply because they don't know who you are. Brokers, on the other hand, have longstanding relationships with most operators and represent both past and future business. Due to this, they not only get a cheaper quote, they can often negotiate it down even further as they can place bulk orders. Another...

3Nov

By Christopher HarrowNo Comments

Executive

How to Buy a Private Jet 9 Simple Steps!

At one point or another, we've all daydreamed about owning our own private jet. Yet for most people, it is just that: a dream. For a few wealthy people or corporations, however, the notion of being able to buy a private jet is very real. In many cases, a private jet is an essential tool for business executives or world leaders, (adsbygoogle = window.adsbygoogle || []).push({}); 1. Fit The "Requirements" Though there isn't any criteria you have to meet to be able to buy a private jet, a private jet is a tool at the end of the day - and you don't want that very expensive tool to just sit around and do nothing for most of the year or just be a vanity project. As such, whilst recommendations do vary from jet brokerage to jet brokerage and executive charter com...

What is the future of business aviation? Business aviation in 10 years…

27Nov

By Christopher HarrowNo Comments

Analysis

What is the future of business aviation? Business aviation in 10 years…

Two weeks ago, we did an article on "What is the future of aviation?" on that article, we were asked whether we'd do an article focusing on the future of business aviation. So what is the future of business aviation? The future of business aviation can be separated down into categories: Speed Efficiency Luxury Price Consolidation (adsbygoogle = window.adsbygoogle || []).push({}); What is the future of business aviation in terms of speed? We have regularly covered the potential for the speed of business aircraft to increase in the coming decade. The Aerion AS2 is set to be the main supersonic business jet in the coming decade. The AS2 is set to be the fastest business jet ever created, even faster than recently released business jets like the G700 and Global 8000. Wh...

20Nov

By Christopher HarrowNo Comments

Opinion

What will happen to the retired A380s?

In September, Air France announced that they would be retiring their A380s. When the A380s are retired from July 2020 onwards. But what will happen to these retired A380s? In September, we covered the A380 in our Aircraft Digest series. In that article we talked about how Air France was planning to retire its A380 fleet. As of yet, there is no clear path that could be taken in regards to the future of retired A380s. What will likely happen to the retired A380s? A380 private jet, this is a likely outcome, simply due to the space that the A380 has. The 747 has become a staple of business aviation, just as, say, the G650 has. The A380 has already made for a great private jet, indeed one of the most luxurious in the world! I could quite easily see that the retired A380s could become priva...

13Nov

By Christopher Harrow1 Comment

Opinion

Should you fly private?

We have covered many private jets on IAHQ recently, including the G650, Lineage 1000 and AS2, but never whether you should fly private. We may be fond of private and business jets, but we have never shared our opinion as to whether flying private is a good idea or not. It doesn't matter whether you're a multibillionaire businessman, celebrity, or just a regular joe, you've probably wished to take to the sky in something more... luxurious. (adsbygoogle = window.adsbygoogle || []).push({}); Reasons to fly private It's often quicker than flying commercially. Most private jets fly at 0.90 Mach or faster (on average for newer models), whereas your typical 747, flies at 0.85 Mach. This may not seem like a lot on the surface, but it can mean the difference of an hour on long h...