Berkshire Hathaway

October 9, 2007 - 12:41pm

Aviation–and more particularly business aviation–is increasingly becoming the dominant component in the portfolio of UK public company BBA Group. The London-based group aviation holdings on both sides of the Atlantic now account for close to 60 percent of its worldwide business (out of approximately $2.3 billion total revenues recorded last year).

October 9, 2007 - 11:47am

According to research from AvData, Amstat and ARG/US,  Cleveland, Ohio-based Flight Options had a share-owner increase of 20.5 percent (from 541 owners to 652 owners) between December 31 last year through June 30 this year, the largest percentage increase of four major fractional aircraft ownership providers (including NetJets, Flexjet and Travel Air). As of last June, Flight Options had a 16-percent share of the owner market.

October 9, 2007 - 11:19am

And you thought the dot.com bubble-burst was bad.

October 8, 2007 - 11:33am

NetJets Services has chosen Rockwell Collins to provide avionics maintenance repair and technical support on its fleets of Gulfstream G200s and Raytheon Hawker 400XPs. Under two separate 10-year agreements, Collins Aviation Services will provide NetJets with forward exchange avionics support.

October 8, 2007 - 10:17am

A lawsuit in which four former Raytheon Travel Air pilots alleged they were fired because of their union-organizing activities when the company merged with Flight Options in March 2002 was resolved early last month, just days before the case was scheduled to go to trial in Cleveland.

October 8, 2007 - 9:56am

What began as a concept that met with outright skepticism and indeed some hostility by the established aviation industry has blossomed into a viable branch of business and personal transportation that continues to fuel manufacturers’ production lines, gobbles up flight crews and, at least for now, staves off recessionary pressures by keeping order books fat.

October 4, 2007 - 10:29am

Above the Indian Spring Country Club in Silver Spring, Md., the rain and low ceiling cleared from overcast to broken, and then the cold mist lingered. A wet field of 256 golfers in the Greater Washington Aviation Open (GWAO) climbed to carts to await tournament director Paul “Bo” Bollinger’s signal for a shotgun start. Bollinger, whose regular job is with the Air Traffic Control Association, advised golfers to have fun, but swing clear.

October 4, 2007 - 7:01am

Of the few accidents that have occurred to fractional aircraft (none of them fatal), runway overruns are the most common. There were three such events since February (none resulting in serious injuries), including one in which a NetJets Citation 560 was destroyed in the overrun crash and subsequent fire May 2 at Real County Airport in Leakey, Texas. This was the first fractional jet totally destroyed in an accident.

October 4, 2007 - 5:12am

Undoubtedly, it is still too early to gauge all the effects the September 11 terrorist attacks will have on any segment of aviation. But the signs are emerging that business aviation–with its added security element of direct pilot/passenger interaction, as well as its easy-on, easy-off access–will probably soar above current levels. As in years past, each new group of business aviation experts learns from what is occurring around them.

October 3, 2007 - 12:37pm

What began as a concept that met with outright skepticism and indeed some hostility by the established aviation industry has blossomed into a viable branch of business and personal transportation that continues to fuel manufacturers’ production lines, gobbles up flight crews and, at least for now, staves off recessionary pressures by keeping order books fat.

 
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