February 15th, 2009

Life is different when you have your own private jet and a budget of a few millions for a shopping spree.
Photographer Gene Kiegel gives us a peek into this world of abundance and decadence with his photography series, “Jets, Cribs & Rides”.
Source: TrendHunter


February 10th, 2009

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.

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.

January 28th, 2009

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.


January 26th, 2009

When it comes to winter luxury, one ski destination continues to rank top of the list - Courchevel in the French Alps, according to leading private air charter broker Oxygen 4, is the ski resort at which to see and be seen.
And even this year, with the credit crunch biting, some of the resort’s most sumptuous hotels were already fully booked six months ago for the peak January fortnight 2-14th with some guests paying upwards of €50,000 to ensure the best accommodation.

