Ridden hard and put away wet?
While doing some research today, I came upon an article from BusinessWeek published earlier this year. It raised a serious and somewhat disconcerting issue about fractional jets.
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While doing some research today, I came upon an article from BusinessWeek published earlier this year. It raised a serious and somewhat disconcerting issue about fractional jets.
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Last week, I wrote a post about how Avantair is making it easy for environmentally concerned fractional jet owners to offset the carbon emissions of their flights. That inspired me to take a closer look at Avantair, which is the only fractional ownership option for the Piaggio P.180 Avanti, one of the best looking business jets out there.
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If you become a fractional jet owner, wouldn’t you expect that the operator’s insurance would cover any and all claims? Well, that might not be the case.
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Over the next year, the introduction of Very Light Jets (VLJs) to the air will drastically change the way we fly. Or not.
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While I’m not planning to invest in a fractional jet primarily for philanthropic or scientific purposes, I was nonetheless struck by a story in which two Silicon Valley entrepreneurs are loaning their private jet to NASA for a few hours.
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Perhaps some folks have suggested to you that investing in a fractional jet isn’t good for the environment. Given all the understandable attention focused on global warming, forest cutting and rare animal poaching these days everything is getting scrutinized for its environmental impact. Fractional jets included.
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Seinfeld’s nemesis in many episodes was Newman.
My nemesis appears to be Newark, not the whole city, just the airport. After yesterday’s debacle and long drive to Cleveland, tonight we arrived back at Logan International Airport in Boston to find out that while our flight to Newark was okay, our flight from Newark to Dayton was canceled.
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Another tortuous day at the hands of commercial airlines.
I blame Delta.
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There has been a lot of talk early this week about Tiger Woods and how quickly he’s chasing down Jack Nicklaus’s record of most major tournaments won in a career. Which reminded me that the “Golden Bear” is featured in ads and in the company video for CitationShares, a joint venture of Cessna Aircraft and TAG Aviation. Citelines is the name of their fractional ownership program.
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I fully expect fractional jet ownership to simplify my life on many fronts, but there’s little doubt that working through one’s options is, at best, a little complicated. There are so many “layers” to fractional ownership, and so many contractual details. Take just one for example: fuel charges.
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