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Despite economic uncertainty, private aviation leaders are positive about the industry's long-term prospects. With permission from Flexjet Text size While economic uncertainty may have an impact on the future of the private jet industry in the short term, industry insiders are bullish on the long-term...
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Clive Palmer’s Mineralogy is suing a private carrier for $ 624,000

PremiAir sent five invoices to Mineralogy for work on the aircraft, totaling $ 586,760.08, between July and October last year.Mineralogy paid $ 624,879.25 for the work over six transactions. The difference between the invoiced amount and the amount paid was not explained in the documents."At all significant times, Mineralogy did not own the aircraft," the mining company claims in court documents.“The work was not approved by Mineralogy or by any person on behalf of Mineralogy.Sir. Palms pictured on the steps of another private plane in 2013.Credit:Jason South"Mineralogy paid PremiAir amounts in proportion to the invoices in the erroneous view that…

Non-responsive Private Jet encouraged Sonic Boom Over England

A Bombardier private jet lost contact with air traffic control over British airspace yesterday, forcing the Royal Air Force (RAF) to encrypt two military aircraft in response. While intercepting the plane, the two RAF Typhoon jets broke the sound barrier and erupted from a sound barrier heard over eastern England. RAF jets caused a sonic boom over Britain after intercepting a private jet. Photo: FAI AviationA private rental jet did not respond The private jet in question is a Bombardier Global Express (registration) D-AFAL) owned by FAI Aviation Rent-A-Jet. The plane was on its way to the United Kingdom from…

Four Seasons reveals bucket list private jet travel for 2022

Along with the arrival of its new 48-seater aircraft, Four Seasons has announced incredible worldwide travel plans for its Private Jet Experience in 2022. Rose Dykins reports As private jet travel gaining momentum under Covid-19, Four Seasons has launched a new series of private jet travel between its global properties in 2022. That Four Seasons Private Jet Experience offers a variety of itineraries where guests fly between the brand's five-star hotels around the world and enjoy memorable experiences at each destination. The company's new private jet - an Airbus A321neo-LR aircraft - takes its first flight this year. Adapted based…

Mortgage rates are new all-time low, but it may not be necessary to rush to refinance

Mortgage rates hit another record low, but there is no need to rush to refinance. Getty It was another record-breaking week for mortgage rates. According to the latest data from Freddie Mac, interest rates on 30-year loans fell again, reaching a new record level of only 3.15%. It is down from 3.25% last week and 3.99% a year ago. This is the third time this year that rates have hit record highs. The low rates have sent mortgage applications up - despite the financial uncertainty that COVID-19 has spurred. In fact, total mortgage applications rose 2.7% this week, while purchase…

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