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Financing a Private Jet

The days of aggressive deals at thin pricing and 100 percent financing are over. Nevertheless, things are looking up since the private aviation hit bottom in early 2009, as financing institutions are returning to the market. A key factor in aircraft finance since 2008 has been the backlog of repossessed business jets from borrowers who began defaulting on their loans. (more…)

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Charter a Citation CJ4 Private Jet

The 2011 Citation CJ4, which received FAA certification this past March, is the newest addition to Cessna’s popular CJ series of light twinjets. With a price tag of $8.75 million and a maximum takeoff weight of 16,950 pounds, this aircraft is much more than just another stretched out and updated CJ. (more…)

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Buying Used Jets from the U.S. Government

Every year the Federal Government auctions off to the public a handful of its used business jets, helicopters and turboprops. These aircraft come from government agencies like the Department of Defense and the U.S. Marshall Service who no longer need or want their private aircraft. As a result, these government agencies end up selling their private jets at prices that seem ridiculously low. For example, a few years ago, a late model Pilatus PC-12 turboprop sold for about $2 million less than half the price of a new one. (more…)

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The Boeing Business Jet 3

The Boeing Business Jet (BBJ) spawned in 1996 from a partnership between Boeing and General Electric, the provider of the CFM-56 engine series that would appear on the newer generation 737s. Now celebrating its fifth decade in production, the 737 twinjet has become the most successful and ubiquitous jetliner ever produced. (more…)

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Spending Time On Board a Private Jet

After being in the private jet charter business for a number of years, I’ve found that everyone likes to utilize the time they spend in their jet differently. I have seen and arranged everything from nonsurgical cosmetic procedures in-flight, to converting the interior of a Global Express into a night club for a bachelor party. Whether you fly for business or pleasure, here are some of the most common things I’ve seen people do in-flight: (more…)

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Charter a Gulfstream G650 Private Jet

The Gulfstream G650 is an ultra long range, high speed business jet that is arguably the new gold standard in private-aviation. As the new flagship of the Gulfstream fleet, it flies faster and farther than any other traditional private jet. (more…)

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Buying Bulk Hours on a Private Jet

Recently I have received several inquiries regarding the pros and cons about buying bulk hours on a private jet. I figured this would be a great opportunity to share my feedback with those interested in learning more about this option. (more…)

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Being a Knowledgeable Private Jet Traveler

2006 was arguably the apex of the private-aviation industry. At that point, there were more than 75 private jet charter companies operating in the United States. As one can imagine, that number significantly diminished when 2008 brought about changes to the economy. As a result, in order to stay afloat, numerous private jet brokers and aircraft operators began implementing unethical tactics to reduce operating costs and increase profit margins; all at the expense of the client. (more…)

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Introduction

Welcome to RYL’s official blog. As the President of RYL, I thought this would be a great opportunity for me to share my thoughts regarding the recent trends, challenges and victories within with private-aviation industry with private jet flyers and enthusiasts all over the world. (more…)

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