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Private jets start as wealthy flyers seek to avoid viruses

Increasing number of wealthy flyers are switch to private jets to reduce the risk of catching coronavirus from other passengers on regular commercial flights. Several private jet operators and brokers have reported an influx of business from first-time users who are happy to pay a premium for a bespoke itinerary that involves minimal contact with the traveling audience. Private jet passengers are often able to drive straight on to the asphalt to get to their plane and cut someone out mixes with other passengers at the airport or on board. While the number of commercial flights has halved, the number…

Wheels Up set to go public through Spac merger

Wheels Up set to go public via Spac merger

A non-public jet constitution start-up backed by buyers together with Serena Williams and Lance Armstrong plans to go public through a merger with a “clean cheque” firm launched by the previous head of the Asian division of a non-public fairness agency co-founded by LVMH.The deal would give US-based Wheels Up, a web-based personal jet reserving platform, an enterprise worth of $2.1bn. It's anticipated to shut within the second quarter of 2021 and would mark the primary personal aviation platform to be listed on the New York Inventory Change. The merger would generate as much as $790m in money, together with as…

Aero mixes private and first class in new flights from LA to Aspen – Robb report

A take-off airline will start flying from Los Angeles to Aspen in February to test fly its unusual business model, a hybrid between a private jet and first-class seating in a commercial airline. Aero, launched in Europe last summer, said one-way tickets to Aspen start at $ 990 and clients depart from private terminals at Van Nuys Airport and Aspen. The Aeros Embraer ERJ135 was originally designed as a regional commercial jet with room for up to 48 passengers and has only 16 seats to enhance the personal space. With a dark black exterior, it is also one of the…

How to refinance your mortgage without closing the costs

Three important ways to reduce closing costs - even to zero. (iStock)With record lending refinancing rates, the refinancing activity for mortgages is high. There are many reasons to refinance right now, but do not forget it means taking out a brand new loan - and refinancing fees. In the excitement of mortgages refinance savings, many borrowers fails to take into account the total borrowing costsincluding payment for the closure.To really maximize savings on one refinancing of mortgage, it is important to understand how to refinance your mortgage without closing the cost. Here are some ways to get a mortgage without…

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