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Have you brought your PJs? The rise of the private jet set

The pink ball of the sun has long sunk below the horizon as we make our final approach to runway 18 at Chambéry Airport in southeastern France. On a moonless night, there are not many tracks to the location of all the dangers - the lake in front, formidable mountains beyond the runway and to both sides. But when I look through the head-up display in the direction of where the map says the airport is, I can see them all picked out in vibrant fluorescent green, including the runway itself, computer-rendered with faithful clarity exactly where it should be,…

How much equity do you need to refinance your mortgage?

Take the time to run the numbers before you start applying for a home refinance.As states continue to make tough decisions about reopening the economy, many homeowners are considering taking advantage of lower interest rates with a mortgage refinance. Mortgage rates hit another historic low with 30-year fixed-rate loans averaging 2.98 percent and 15-year fixed-rate loans averaging 2.48 percent, according to Freddie Mac.Interest rates have been steadily declining since then Federal Reserve made speed reductions in March in response to the coronavirus pandemic.Since interest rates are so low, it may be a good time for you to consider refinancing your…

As airlines shrink, these private jet operators grow

On Tuesday this week, United Airlines said it was limiting its just-announced flight schedule for August due to lack of demand. Barrons reported according to an internal memo, net bookings in Newark hub fell 84% over the year. New Yorkers do not travel, one might assume. Well, do not jump to conclusions too fast. Omaha-based Jet Linx Aviation is now a major player in the world's private aviation market ... [+] the acquisition of Meridian's air traffic control and charter operations, including 16 jets based at Teterboro Airport in northern New Jersy. Pictured is Jet Linx President and CEO Jamie…

Company behind supersonic private jet breaks ground at $ 300 million Florida headquarters

Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com. Supersonic airline Aerion broke ground with its new global headquarters in Melbourne, Tear., where it plans to produce the world's first business jet that can fly faster than the speed of sound - an indication that a new era of travel at speeds above Mach 1 is approaching.The advanced campus, designed and constructed by construction company Haskell, will be used for research, design and production of AS2, which is expected to begin in 2023, Aerion said. Aerion is collaborating with one-time supersonic aircraft manufacturer Boeing and General…

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