Business Aviation

On Monday (June 17) the FAA announced two new actions addressing public charter flights, citing a rapid expansion of “frequency and complexity” of the operations in the past few years. The agency said that some of the charter providers “appear to operate like scheduled airlines but under less-rigorous safety regulations” that are often not clear […]

Multiple news outlets are reporting that former President Donald Trump has sold his 1997 Cessna Citation X. The buyer is a company associated with Mehrdad Moayedi, an Iranian-American real estate developer based in Dallas. Federal Election Committee records reveal that Moayedi has contributed close to $250,000 to Trump’s reelection campaigns in 2019 and 2020, as […]

It’s not well known, but the National Business Aviation Association (NBAA) reports that 80% of its members are classed as “small operators,” meaning they operate a fleet of three aircraft of fewer. For a dedicated business aviation staff, that can mean that pilots, aviation managers and maintenance personnel can be put in the position of […]

Charter/fractional operator Wheels Up reported in an earnings call today (May 9) that the company is “positioned for long-term profitable growth,” despite continued net losses and adjusted EBITDA numbers (earnings before interest, taxes, depreciation and amortization). As reported on the online news source Private Jet Card Comparisons, CEO George Mattson, who replaced company founder Kenny […]

Gulfstream Aerospace announced March 29 it has earned FAA certification of its G700 business jet, marking the beginning of customer deliveries.   The certification makes the G700 the largest business aircraft that Gulfstream has ever made and the fastest that it has certified. According to Gulfstream, the certification comes with two new performance improvements—a takeoff […]

The Biden administration made good on the President’s State of the Union Address promise to raise taxes on business jet operators by raising the federal tax on jet fuel fivefold over the next five years. The White House’s 2025 budget proposal would boost the current tax of 22 cents per gallon to $1.06 by 2030. […]

Why empty legs are like Bigfoot, flying private isn’t always a G650, and the potential influx in aircraft purchasing in late 2023; FLYING Finance’s Preston Holland joins Inside Aviation to discuss the latest topics in the private aviation space, including hot takes on some popular TikToks.

President Joe Biden was still shaking hands after his State of the Union speech Thursday when aviation groups started firing responses to a line in the speech about those who operate business jets paying “their fair share” of taxes. In the briefing notes on the speech issued by the White House, the administration also said […]

Arizona-based hop-on charter Set Jet suddenly ceased operations Friday saying it ran out of money after several delays in issuing a SPAC IPO. The company had 2900 members who paid as little as $99 a month and could get seats for $750 to $1,550 on flights throughout the West and to Cabo San Lucas using […]

NetJets and its pilots union have reached approval in principle to end a long and acrimonious contract dispute. According to Private Jet Card Comparison, the union issued a social media post confirming the tentative deal late last week. The NetJets Association of Shared Pilots (NJASAP) union said it’s running the deal through its lawyers and […]