Best Personal Jet to buyThe best personal jet to buy
Best and Worst Purchases in Corporate Yachts
Vref, the transaction trading system tracker, has recently produced a series of best-buy listings that highlight the successful reviews of corporate jet engines since 2008. Investigations included choppers and jet, turbo prop and reciprocating planes, but corporate jet airliners by far dominated the package, leading to losses in value. The first 12 places for 2008 planes and the first nine among the 2012 model cars were won.
A Learjet 60-XR led the 2008 loser roster and dropped 74 per cent of its value; the G200 took second place and dropped 69 per cent (see table). The G200* was the model that suffered the most losses among the 2012 model series, with 61 per cent; the 60-XR came in second, also with a 61 per cent drop.
Altogether only two of the Vref rated Vref executives managed to escape the top 20 loser list of 08 and 12 - the Phenom and the CitationJet 2+. Meanwhile, only six non-jets were among the top 20 depreciations (four Beechcraft King Air aircraft types, a Piper Meridian and an Airbus EC130B4 helicopter).
Otherwise, the "best" aircraft in value conservation were the 2008 G550 with a 44 per cent drop and the 2012 Falcon 2000LX with a 35 per cent drop. "As long as we have low interest and low petrol costs and the 2 per cent economic boom, I don't think things will really get any better in the jet market," says Rick Cox, the new Vref from Iowa.
The Cessna, Gulfstream and Bombard fight for the supremacy of the jets.
The Cessna, Gulfstream and Bombard fight for the supremacy of the jet. It may seem at first sight that corporate aircraft are nothing more than a luxurious advantage for top managers. Corporate aeronautics contribute $150 billion a year to the U.S. domestic economic system and employ more than 1.2 million US citizens - and these are not the only good things.
With decreasing defence expenditure, the importance of defence companies' source of income for commerce is increasing. So let's take a look at the three most beloved corporate jet makers, their most beloved corporate jet for 2013, and why they are important. Textron's Cessna segments (NYSE:TXT) are usually very high when it comes to corporate aircraft.
Unfortunately, in 2013 the number of aircraft dropped back to third place due to lower shipments - in 2013 139 sets of commercial aircraft were shipped. Still, third place is still a fairly good rankings, so let's take a look at Cessna's most-delivered jet, the 525C Citation CJ4, which had a combined 33 shipments in 2013.
The best thing is to be able to soar in what Cessna calls the "ultimate luxury". About $9.05 million by 2013, according to Jet Investor. Even more important, Textron is a multinational corporation that generates a significant portion of its defence expenditure income (Bell Helicopter income in 2013 represented 37% of Textron's overall income and 14% of its overall income comes from the disposal of other defence equipment), Cessna contributed and will contribute significantly to Textron's results - Cessna contributed approximately 23% of Textron's overall income in 2013.
In contrast to Cessna, 2013 was a great year for the General Dynamics (NYSE:GD) affiliate, Gulfstream. With 144 delivered corporate jetliners, 2013 was the second best year in the history of Gulfstream according to Wichita Journal. How has Gulfstream contributed to the growth in supplies? Gulfstream's large corporate jet, the Gulfstream 450, 550 and 650 -- Gulfstream does not divide its corporate jet supplies beyond large and mid-size corporate planes -- so let's take a look at these formidable sights.
Rolls-Royce power plants are fitted to all three aircraft, providing a choice of cab layout, enhanced communications via satellites, remote networking, large, convenient seats, enhanced sound insulation and extensive leisure facilities. What's the cost of a Gulfstream-style trip? Approximately 38.9 million dollars for the G450, according to AircraftCompare, compared to approximately 65 million dollars for the G650 according to Business Insider.
Even more important for General Dynamics, as defence spending shrinks, General Dynamics' results have become all the more dependent on corporate jetliners. Bloomberg reported that General Dynamics has aggressively increased its investments in its Gulfstream operations, resulting in Gulfstream supplying 20% of the world's fleet of commercial jet aircraft in 2013.
Bombardier (NASDAQOTH:BDRAF), like Cessna, did not have the best year 2013. However, with 180 corporate jet aircraft delivered in 2013, it was able to take first place among the highest corporate jet aircraft shipments. Not least, this is due to 62 shipments of Global 5000 and 6000 jet aircraft. The Global 5000 as well as the Global 6000 are regarded as large corporate aircraft and have a max cruising rate of 581 km/h.
For Bombardier, the good word is that while Bombardier provides civil and corporate jet modifications for the federal administration and other organisations, most of its revenues from the aviation and space industries come from the sales of traditional corporate jetliners. Indeed, corporate jets represented 54% of Bombardier's overall aviation and space operations in 2013, while typically 13% were sales of passenger jets.
They are an unbelievably luxury way to fly. Benefits of corporate air transportation, according to the National Business aviation Association, are a low CO2 emissions impact, improved levels of aircraft fumes and air pollution, and increased accessibility to more sites. Corporate aircraft can touch down at over 5,000 government agencies - tenfold the number of U.S. ports.
Plus, says the National Business Aviation Association: "Even the relatively small number of aeroplanes produced outside the United States are often "completed" in the United States with American electronic, electronic, system, engine, painting, interior and other airframe equipment.
" Thus they are an important contribution to the US market. In addition, businesses that suffer a decline in sales as a result of lower public expenditure are increasingly turning to corporate jetting.