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The future of private jets

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 prospects for private aviation. Leaders of the country's leading private jet management, fractional ownership, charter and member companies recently shared their prospects for the post-Covid world with Penta. Berkshire Hathaway unit NetJets is the largest private jet operator in the world. It provides parts of ownership, leasing and jet card programs. Patrick Gallagher is NetJets'…

LunaJets sees a perfect storm for the private jet industry

GENEVA, September 8, 2020 / PRNewswire / - The industry is entering a perfect storm. The private jet market faces unprecedented challenges as the COVID-19 pandemic has exacerbated an already fragile industry. The private jet charter market has fallen by 33.8% in volume year to date and even lower in revenue with Europe makes it worse than America. All charter market segments are affected, but the most affected are the long transcontinental and corporate charter flights. The current wave of new quarantine measures and travel restrictions will have an immediate and devastating effect on the market, predicts LunaJets. The perfect…

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…

Oxygen shortages chew in poorer international locations battling Covid

Oxygen shortages bite in poorer countries battling Covid

International demand for medical oxygen to deal with sufferers with Covid-19 has risen sharply in current months, quick outstripping provides and elevating issues that 1000's of sufferers in low and middle-income international locations is not going to obtain life-saving therapy.Demand has elevated by greater than a fifth up to now three months, with many international locations experiencing bigger rises. Producers have been diverting oxygen from industrial makes use of resembling welding to healthcare, however funding and focus have been restricted, and capability in hospitals and clinics is inadequate to deal with the leap in intensive-care sufferers, corporations and well being…

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