GLG News Analyses of the following article:

When Business Aviation Rebounds

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Published at: www.aviationweek.com

Business Aviation Renaissance Will Bring Better Options at Lower Cost

May 26, 2009

Analysis by: GLG Expert Contributor

In spite of the drubbing that business aviation has received in the general press as a result of the auto industry CEOs jetting separately to Washington, a rebirth is coming.  Private aviation already offers compelling advantages in comfort, convenience, and flexibility; but it is a very costly service.  New service delivery and pricing models will be required to attract new customers needed to jumpstart growth.  Since the existing charter industry is very fragmented and loosely managed, there is much room for improvement.  The net result will be lower prices, better service, and increased use of private aviation.  However, it will never be a serious threat to the airlines for mass-market transportation: the most optimistic projection of private aviation is that it will be 2% of the total air transport market by 2020. 

Business Boosts

May 25, 2009

Analysis by: GLG Expert Contributor

The article discuess in depth the situation of the North American busness aviation market and its current status in the anglo-american-made worldwide recession. It provides a good insight into the opinions and backgrounds of this once booming market and also highlights its pitfalls quite openly. It is a good read.

Jim HaynesFounderAVIATION GROUP LLC

When Business Aviation Rebounds

May 25, 2009

Recently a group of “luminaries and experts” were assembled by the editors of Business & Commercial Aviation magazine to discuss the outlook for business aviation.  Most are longtime friends for whom I have a great deal of respect.  Reflecting on the past, the group glanced at their crystal balls for a look at the future.  The report of the meeting was titled When Business Aviation Rebounds.  The key word is When, and not If.

When and How High The Rebound? Business Aviation Hidden Ponies

May 25, 2009

Analysis by: GLG Expert Contributor

What is not said in this article is what it truly important: 1. Business Aviation grew strongly after 9/11 due mainly to safety, security and airline inefficiencies issues. Business aviation growth driver has always been efficiency and  assets  (planes) ROI, not corporate excess or luxury (private aviation) 2. Business aviation activities are closely aligned with GDP  and productivity of the businesses, communities and countries it serves, not the other way around. Media hysteria is not fact! 3. The current adjustments in aircraft values and lending "rules of the game" simply respond to the over-leveraging-borrowing craze of 2004-2007. LTV's of 70-80% are now the norm as before  2004 4. This is the best opportunity in the history of business aviation to set the record straight. By the way, TARP clearly supports business aviation and even increased tax benefits to extend beyond the  aircraft and to cover the additional equipment such as instruments and in flight communications