Owning a business jet and chartering it out when idle appears attractive and potentially lucrative. However, this idea needs to be closely examined for the complexities and hidden costs that can render this scenario far less profitable than you might think. Various aspects of business jet ownership and chartering challenge the profitability of chartering out your private jet.
Low-Altitude Economy | Urban Air Mobility | eVTOL Aircraft | Drone Services
Vertiports are specialized facilities that enable the operation of electric vertical take-off and landing (eVTOL) aircraft in urban and suburban areas. These innovative hubs serve as the backbone of the emerging field of urban air mobility (UAM) and advanced air mobility (AAM), revolutionizing how people travel within and between cities. Vertiports are gaining traction as urban areas become increasingly congested and the demand for efficient transportation solutions rises.
The aviation industry is on the brink of a momentous transformation with the emergence of electric aircraft as a viable and sustainable alternative. These innovative aircraft have the potential to revolutionize both commercial and business aviation, offering significant financial benefits and addressing environmental concerns related to carbon emissions. However, as with any emerging technology, electric aircraft face challenges that must be addressed to ensure their successful integration into the aviation landscape.
In 2021 Bombardier bid farewell to a legendary aircraft brand, the Learjet. The Learjet, a pioneer of luxury and speed since 1963, flew its final flight, marking the end of an era in the aviation industry. This decision made public in February 2021, had profound implications for the aviation market and Bombardier's strategic focus. As the final Learjet 75 was delivered in March 2022, it closed a glorious 60-year history of the Learjet series.
Artificial intelligence (AI) is changing how fixed-base operators (FBOs) provide customer services in the business aviation industry. AI can help FBOs improve their operational efficiency, customer service, innovation, and risk management by using data-driven algorithms, sensors, computer vision, and machine learning. However, AI also comes with ethical, legal, security, and human issues that FBOs must consider. We will explore how AI can help FBOs improve their business performance and customer experience.
Innovation and partnership are two critical ingredients in the aviation industry. When these two are combined, the result can be significant. Let us explore the challenges associated with the LearStars development and how it led to the creation of the hugely popular Canadair Challenger.