June 9th, 2009

Pharmaceutical giant Pfizer is scouting for buyers for two of its Gulfstream aircraft, a Gulfstream V model and a Gulfstream 550.
The V is offered at $29.25 million and the 550 for $35.5 million, Cityfile reports.
It’s unclear when the planes were put up for sale exactly, although both were reduced in price recently.
March 24th, 2009

Embattled bank JPMorgan Chase, the recipient of $25 billion in TARP funds, is going ahead with a $138 million plan to buy two new luxury corporate jets and build “the premier corporate aircraft hangar on the eastern seaboard” to house them, ABC News reports.
The financial giant’s upgrade includes nearly $120 million for two Gulfstream 650 planes and $18 million for a lavish renovation of a hangar at the Westchester Airport outside New York City.
The Gulfstream 650’s are described by the manufacturer as the “fastest,” “widest” and “most comfortable” private jet ever with superior cabin amenities, an optional stateroom, and 12 interior designs to choose from.

March 8th, 2009

Air Harrods, the high-end private aviation program run by the world famous London luxury depot, is partnering with Watkins Yacht Management to provide air and concierge support via helicopter and corporate jet to the superyacht set.
The two firms will provide a streamlined and ultra-stylish luxury travel experience for those embarking on a luxurious private ocean voyage.
Transfers to the yachts will now start at the owner, charterer or guests own front door. The seamless incorporation of limousines, flights and/or helicopter transfers to and from the vessels will be overseen by Harrods highly-trained staff.


February 5th, 2009

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.


January 30th, 2009

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.
