Lufthansa is all set to pamper its billionaire clients with the state of the art Airbus A380 VIP Saloon.

Lufthansa Technik, the luxo-sport decorating and customization arm of the fabled German airliner lets you peek into the lavish offerings of this proposed VIP Saloon.

Via: Luxurylaunches

Hawker Beechcraft has launched its own advertising campaign to counter the negative publicity currently swirling around business aviation, referring directly to that terrible day on Capitol Hill.

Chairman and CEO Jim Schuster recently blamed the growing negative attention on the industry for helping to intensify the volatility in the marketplace.

“The media and some politicians have cast general aviation as a wasteful extravagance instead of a critical business tool and the source of millions of American jobs,” he said.

PremiAir announced today (Feb 10) the launch of a new helicopter transfer service – the London Heliport Shuttle.

The new service offers dedicated flights to meet private jet arrivals from the UK’s key business aviation airports, whisking passengers to the London Heliport in Battersea.

The launch recognises the fact that some 40% of PremiAir’s traffic now connects with private jet arrivals into UK airports.

Bank of America is selling three corporate jets from its fleet, as well as a helicopter it acquired through its purchase of Merrill Lynch, the company said yesterday.

In addition, the bank is believed to be trying to sell one of its corporate apartments in New York, according to a source familiar with the matter.

The dramatic downsizing came on a day when the bank’s share price dipped below $5 for the first time since 1990. The news follows the fact that both Citigroup and Starbucks have put planes on the market recently.

Starbucks is trying to sell the $45 million corporate jet it bought last month.

Starbucks’ new jet - a Gulfstream 550 - has made only 15 flights, according to Avpro’s online sales pitch.

Several of those landings were in Honolulu and Kona, Hawaii, during a two-week trip apparently taken by CEO Howard Schultz.

A Starbucks spokeswoman said the company ordered the 19-seat plane three years ago and determined that canceling delivery would be too expensive.

The New York Post’s Jennifer Keil and Chuck Bennett reported in Monday’s paper that Citigroup is about to upgrade to a new $50 million, twelve-seat corporate jet.

The New York Post, citing “a source familiar with the deal,” reported today that Citigroup executives authorized the purchase of a new Dassault Falcon 7X, which seats 12 in leather seats and sofas and includes a custom entertainment center.

Citigroup received $45 billion from the government last year, including a $20 billion emergency infusion in November.