Issue 30 – La Vie En Rose

Just as Édith Piaf’s hit, La Vie en Rose, inspired millions to spring out of the ashes of World War II and blossom into a new life, we find business aviation springing back to a prosperous future filled with hope and optimism across geographic regions, industry subsegments, and market sentiment—all out of the remnants of COVID-19.

In this issue, we take a look at Dassault Aviation’s new ultra long-range $75M Falcon 10X, as well as early indicators from the Q2 2021 JETNET iQ Survey of business aircraft owners and operators, showing their mood of the market, and whether they believe it is rebounding from its low point in Q2 2020.

Issue 29 – Come Together, Right Now

Just as The Beatles’ hit, Come Together, states in its chorus, right now is the time to get back together and our industry’s current generation forward. A leader in that, IADA, is prominently featured in this issue with a great article by IADA Executive Director, Wayne Sterling. He illuminates us on the organization’s challenging, yet rewarding, story as they celebrate 30 years of leading business aviation in aircraft resales. It’s an all-around time to come together and celebrate the world, and business aviation, moving forward to a healthier and productive future.

In this issue, we take a look at IADA’s 30 years of industry-leading sales and their exclusive online marketplace, AircraftExchange.

Issue 28 – Gotta Get Back in Time

Huey Lewis’ hit, Back in Time, and the film that it’s from, Back to the Future, helped give us that retro feel when they came out nearly 40 years ago. They are now retro themselves which perhaps makes us even more nostalgic than they originally intended, especially as we experienced COVID-19 taking so many of the simpler things away from us, like gatherings. As aviation and the population move forward, we’re gearing up for the return of in-person meetings and events like our 2021 JETNET iQ Summit. This year’s event promises to be an intimate gathering of a virtual Who’s Who in business aviation, September 15–16, 2021, at the neo-retro, super swanky TWA Hotel at JFK. Join industry leaders who are creating the future of business flight. Join this important and special gathering. This will be a Summit to remember.

In this issue, the market sentiment is looking positive from our JETNET iQ Q1 2021 Global Business Aviation Survey results.

Issue 27 – Don’t You Know It’s Gonna Be Alright

The Beatles’ Revolution was amongst their later and more successful recordings. Much analyzed and interpreted, the lyrics were an apt proclamation on how to break free of the constraints of a world in crisis. Fifty-three years later, we find ourselves, once again, heading into a “new normal” world, a trend we believe will accelerate positively in the second half of 2021. Although some sectors of the economy remain constrained, in the grand scheme of things, these are arguably good first-world problems to manage. We are about to see a surge in demand for highly valued skills and services (have you hired your Event Planners back yet?) that have laid dormant for a year, as organizations prepare to return in force.

In this issue, Tony Kioussis, President and CEO of Asset Insight LLC, delivers an essay that offers insights into the factors that drive aircraft values in today’s dynamic market.

Issue 26 – It’s Time to Come Together

For months now, the momentum has been building to get out and meet family, friends, customers and prospects, partners and suppliers, and other long-time-no-see warm-blooded humans. Cue Kool & the Gang’s 1980 #1 hit, Celebration. We’re also celebrating the first anniversary of JETNET iQ PULSE. Launched to help fill a void and “stay connected” despite our inability to meet face-to-face, JETNET iQ PULSE has already become an important source of data-inspired need-to-know insights into key developments in the business aviation industry.

Issue 25 – I Want to Get Away, I Want to Fly

Lenny Kravitz’s Grammy award-winning hit, Fly Away, was one of the theme songs to a television series featuring Buffalo Airways, a company that serves as a refreshing reminder of human resilience and inventiveness in the face of some of the most challenging operating environments in the industry. It is a fitting metaphor for where we are today. And with many people longing to get “back in the saddle” after a long COVID-19 induced hibernation, B&GA is uniquely positioned to serve customers who are eager for a return to face-to-face meetings and conventions, gatherings of families and friends, escapes to sand and sea, mountains, and remote adventures.

In this issue, Rollie Vincent, JETNET iQ Creator and Director, shares a personal editorial on falling in love with aircraft and air travel as a child and how that led to his chosen career.

Issue 24 – Fly Like an Eagle

In the mid-1970s, The Steve Miller Band’s song, Fly Like an Eagle, rose to #2 on the Billboard Hot 100 before the public moved on to other matters. However, when British singer-songwriter Seal covered it 20 years later, the song soared to #10 and was a hit again. While the general public has been preoccupied with concerns from COVID-19 over the last year, the rollout of worldwide vaccinations has begun to quell many fears. The business aviation industry looks to soar once again, increasing potential for a return to broad-based flying, especially in the latter half of this year.

In this issue, Sheryl Barden, President & CEO of API and one of the industry’s most acknowledged experts on all things people, shares her insights on the ever-evolving world of the business aviation workplace.

Issue 23 – Goodbye Yellow Brick Road

COVID-19 has significantly impacted mergers & acquisitions, corporate reorganizations, production rate adjustments, end-of-life product decisions, and so much more within our industry. Including what looks to be the denouement of a longstanding tradition in business aviation - the production of the Learjet. The Lear 23 program set the bar high with its impressive accomplishments and will remain uncontested in the modern era.

In this issue, Jason Lorraine, Director of Strategic Solutions and Product Sales of JETNET, opines on Bill Lear and the Learjet brand, and the legendary aircraft lineage that materialized.

Issue 22 – Working 9 to 5?

The era of living in this global pandemic has helped shine a light on organizations that were quick to evolve to better support the changing needs of their customers and even their own people. It has also illuminated barriers that impede the roles of women, and other less-represented groups, in traditional male-domindated industries, including our own.

In this issue, Emily Deaton, COO of jetAVIVA, provides insight to the hot sales market that took place in the second half of 2020, and now early 2021, for pre-owned business aircraft. She also shares her acumen on the new work-from-anywhere trend and how that has altered the organizing of teams and their work getting achieved.

Issue 21 – We Will Not Let You Go – Let Me Go!

The lyrical genius behind Queen’s Bohemian Rhapsody, and the undeniable impact of lines like “We Will Not Let Them Go” should serve as a rallying cry to those in the business aviation industry who wish to remain relevant and competitive in the eyes of their customers. Attracting new and retaining existing customers, while never an easy task, is the work that separates the successful from the forgotten. At the start of this new year, with the customer benefits of business aviation more important than ever, it’s time to allay concerns and demonstrate an ability to meet your customers’ every need or risk losing them to competing alternatives.

In this issue, Ryan Waguespack, Senior Vice President of Aircraft Management, Air Charter Services and MROs at the National Air Transportation Association (NATA) shares his thoughts on the importance of retaining customers and the overall value of the business aviation industry.

Issue 20 – Starting Up a Brand New Day

While we await the upcoming year-end earnings reports from the OEMs, we already know that pre-owned business aircraft transactions were driven by customers focused on getting deals done before “December 32” year-end. These transactions were undoubtedly driven by desires to capture accelerated depreciation incentives while they still exist under current U.S. tax laws. We also examine business jet utilization patterns and look forward to the acceleration of COVID-19 vaccination rates providing lift to our wider economies and a restart of face-to-face meetings.

In this issue, Fred George, retired Senior Editor/Chief Pilot of Business & Commercial Aviation Magazine, former editor of B&CA Purchase Planning Handbook, and an expert in pilot reports, aircraft operator analyses, and technical reviews, joins us to talk about sustainable aviation fuels.

Issue 19 – I Found Myself Some Wings

As the year comes to a close, there are some very good signals of change that we are closely monitoring. While the early stages of COVID-19 vaccine distribution are now underway across the world, widespread inoculations and the relaxation of travel and work/life restrictions that have pummeled our industry will be a story to be told about in 2021.

In this issue, David Crick, Managing Director of DavAir Group and master practitioner of the skills of transportation equipment appraisal, contributes his musings on the different year that was 2020, and some thought-provoking perspectives regarding 2021.

Issue 18 – Like A Bridge Over Troubled Water

Joining the ranks of earlier-trailblazer FedEx, modern-day logistics experts like Quest Diagnostics, LabCorp and Pfizer, among others, transport diagnostic COVID-19 vaccination test samples, and operate pandemic and disaster relief flights, a real-life endorsement of the many tangible and intangible benefits of business and general aviation aircraft.

In this issue, Bob Zuskin, Founder and CEO of Jet Perspectives, and one of the industry’s leading aircraft appraisers, offers his refreshingly global perspective on the markets, and shares his thoughts on topics of enduring interest for aviation stakeholders, with special relevance to today’s commercial and business aircraft sectors.

Issue 17 – Oh Happy Day!

News coming out of the U.S. this week was very positive for the business aviation industry. Equity markets continue their steep climb and COVID-19 vaccine trials have been very promising. In the wake of this terrific news, human spirits are rising like the markets, and we can all be thankful for the opportunity to gather (safely, of course) as family, friends and colleagues.

In this issue, Paul Cardarelli, JETNET’s VP of Sales, shares his insights into the state of the business aviation marketplace, and where things are headed after the Year of the Asterisk.

Issue 16 – In the Air Tonight

Rolls-Royce has been the most consistently successful powerplant provider to the world’s large-cabin business jets, remaining fresh, relevant and active at the top of the market. Over the last several years however, inroads by GE Aviation and Pratt & Whitney Canada have heated up this competitive space. These sole-source supplier selections have long-term implications for aero-engine aftermarket revenues.

In this issue, Dean Roberts of Rolls-Royce, one of the industry’s top market analysts and forecasters, offers an intriguing look into the business aviation sector toward the year 2030.

Issue 15 – The Times They Are a-Changin’

Nearly 60 years after Bob Dylan’s famous song, the times continue to change. In this COVID-19 infected world, business aircraft offer a time-effective option accentuated in these times. And the time may be right for prospective new customers to purchase their first business aircraft, with today’s attractive inventory, historically reasonable prices and pervasive concerns about air traveler safety.

In this issue, Brian Proctor, President and Chief Executive Officer of Mente Group, LLC, makes the case for business aviation safety, access and value.

Issue 14 – Saw Above Me That Endless Skyway

The process of confidence-building helps us make prudent and informed decisions. It helps us know when the time is right for returning to the skies. For prospective new customers, that time could be now. There is no better alternative to overcome indecisiveness than to have a plan and engage with an experienced partner who knows how to navigate the complexities of business aviation.

In this issue, Joe Barber, Vice President of Fleet Development with Clay Lacy Aviation, discusses the art and science of aircraft management—a very timely contribution.

Issue 13 – Beginning to See the Light

As COVID-19 remains at the top of global concerns, business aviation is faring objectively better than many other sectors of our economy, though this remains a tough operating environment, and one with a continuation of limited forward visibility. Evidence points to relative strength in some market segments — for example, pre-owned business aircraft transactions and on-demand charter flying — especially in comparison with the commercial airline sector. In June and July, pre-owned turboprop retail sales and leases were off only 9% while small jets were up 34%. For those hoping to begin seeing the light, you have found some.

In this issue, Janine Iannarelli, President of Par Avion Ltd., discusses the relative strength of the light jet and turboprop segments in the COVID-19 environment.

Issue 12 – Make the Best of the Situation

Despite the fact that we have never encountered the extreme scale of economic fallout our industry is currently facing, we can still find indicators that serve as reasonable predictors of business aviation’s future. Surprisingly, the summer of 2020 may not have been as tough on certain sectors of the industry as was previously expected. With pre-owned business jet retail transactions up a remarkable 38% in July 2020 YOY, and inventory steady near 10% of the in-service fleet, there are clear signs that customers recognize the value in owning a business aircraft.

In this issue, Ford von Weise, Director & Head of Global Aircraft Finance, Citi Private Bank, discusses the potential for business aircraft OEM consolidation opportunities.

Issue 11 – Takin’ Care of Business (Aviation)

Whether you call it high-speed data, broadband, or simply WiFi, in-flight connectivity in today’s business aircraft is essential for taking care of business. As such, we were surprised to learn that only 34% of the worldwide business jet fleet currently listed for sale were identified as WiFi-equipped. While we acknowledge the complexities and costs of installing WiFi systems, particularly on older and lower valued aircraft, it is becoming increasingly clear that no office in the sky is complete without a way to stay connected.

In this issue, Shawn Vick, Chairman and CEO of Global Jet Capital, discusses the importance of fact-based assessments and industry introspection.