See all posts tagged: "private jet rebound"

In the United States, private aviation flights have now risen back to just over 80% of where they were during the summer of 2019, according to Argus. In Europe, August flights were actually 3% ahead of last year's figures, WingX data show. Pent-up requirements, they...
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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…

Carlos Ghosn’s reign detailed and dissected in Tokyo courtroom

Carlos Ghosn’s reign detailed and dissected in Tokyo courtroom

In January 2018, the pinnacle of a Nissan enterprise unit that dealt with journey bookings for prime executives approached the corporate’s in-house auditor with an issue involving first-class airplane tickets and a shocking rebate demand. Carlos Ghosn couldn't have probably identified it however the first domino had simply fallen on one of the celebrated careers in international enterprise. Ten months after the ticket difficulty got here to gentle, the previous Nissan chairman could be arrested at Tokyo’s Haneda airport, imprisoned, interrogated and stripped of his titles on the world’s greatest automotive alliance. Mr Ghosn would later be charged with monetary misconduct earlier…

Billionaire Sawiris is stepping up his private jet effort in the midst of the takeover battle

Photographer: Stephen Yang / Bloomberg Photographer: Stephen Yang / Bloomberg Egyptian billionaire Nassef Sawiris increased his bet on the private jet industry and accumulated additional shares in Signature Aviation Plc in the middle of a takeover battle for the company.NNS, the investment vehicle in Sawiris, bought 2.14 million shares of London-listed Signature Aviation at 405.36 pence ($ 5.47) a piece on January 8, according to a law archiving on Monday. The acquisition brought NNS's share up to 7.41% of the company from 7.16%. Blackstone Group Inc. said last week that it teamed up with billionaire Bill Gates on a potential…

Mortgage rates are still incredibly low – but beware of the refinancing trap.

If you took one mortgage as recently as a year or two ago there's a good chance you cracked a Budweiser to celebrate your incredible interest rate. Fast forward to today, and home loans are even cheaper. At the time of writing, the average interest rates on a 30-year mortgage in the area are below 3%, something that seemed unthinkable even a decade ago. If you are like many homeowners, this may make you wonder: Should I refinance my mortgage now? While trading in your existing home loan for one with lower interest rates may seem like an easy call,…

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