Pricing

June 8, 2007 - 7:24am

The Russians are coming, the Russians are coming! The movie title of 41 years ago seems fitting to describe at least the perception of what is contributing to the current uptick in the large-cabin segment of the used aircraft market. Tales of aircraft selling to Russians at extraordinarily high prices have begun to capture the attention of the market.

April 2, 2007 - 6:49am

MedAire, the Phoenix-based company that provides medical training and emergency medical assistance, is the newest supplier to join Jet Fleet International (JFI). Under the arrangement, MedAire will offer discounts to business aviation members of JFI.

March 29, 2007 - 7:00am

Between March 15 and May 15, Gulfstream is reducing the price of parts to match those of competitors. Under the “Meet the Quote” program, if a part costs less than Gulfstream’s list price for the same part in “comparable condition, age and warranty terms,” Gulfstream will match the lower price. In the last two years the company said it has “significantly reduced” parts pricing.

March 28, 2007 - 12:37pm

Between March 15 and May 15, Gulfstream is reducing the price of parts to match those of competitors. Under the “Meet the Quote” program, if a part costs less than Gulfstream’s list price for the same part in “comparable condition, age and warranty terms,” Gulfstream will match the lower price. In the last two years the company said it has “significantly reduced” parts pricing.

March 7, 2007 - 6:12am

Raytheon Aircraft is now offering electronic dimmable window shade retrofits for all King Airs, more than 6,200 of which are in operation. STC holder InspecTech Aero Service is supplying the shades. Due to the “excellent customer response to this new product,” Raytheon said it is extending “promotional pricing” through April 20.

February 12, 2007 - 10:20am

Cleveland-based fractional provider Flight Options yesterday announced three new buyer-incentive programs. Until December 16, buyers of a 3/32nd share (75 hours of annual usage) in a new Hawker 400XP will get an extra 25 occupied hours per year (a total of 100 hours) with no additional capital outlay. According to Flight Options, this equates to a savings of nearly $200,000.

January 31, 2007 - 11:30am

Customers of Jeppesen World Fuel Services can now go online to view fuel prices and place orders at more than 1,500 locations worldwide. A new Web site provides price quotes, including taxes and fees, as well as pricing based on different uplift volumes. Users can store frequented destinations, search past fuel quotes and obtain the name of the into-plane provider.

January 31, 2007 - 9:44am

Activity in the used jet sector continues to thrust ahead as another year-over-year decline in inventory served to strengthen prices among a number of models and appears poised to continue. During the last two years the used inventory averaged a 155 net decline and stands at 1,730 as AIN goes to press, a figure it hasn’t seen in four years.

January 30, 2007 - 6:04am

Effective March 15, Signature Flight Support increased handling fees at its chain of more than 40 U.S. FBO locations. Signature said, “Customers who purchase two or more times the specified minimum fuel volume for their aircraft type at any U.S. Signature location will receive a 100-percent waiver of handling fees at all other U.S. Signature FBOs visited on the same day of their fuel purchase.”

December 6, 2006 - 11:10am

Business Jets

2006 saw a rebalancing of the jet market

 
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