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The following is a guest post by David Dannreuther, Partner and Philip Munro, Associate, of Withers LLP. Withers is an international law firm with capability to act in aircraft transactions through its Hong Kong, London, Milan, New Haven and New York offices.
The credit crunch and the global recession have plainly had an impact on the private aircraft market with second hand aircraft now marketed at a discount on the prices previously achieved and with there being increased delivery positions available on new aircraft. That said, as the recent interest in the first contracts to acquire the Gulfstream G650 showed, the private aircraft market remains busy and acquisitions continue to be made. A number of legal and tax considerations impact on the acquisition of a private aircraft that should be considered in advance of a purchase to ensure that the purchase takes place through a structure that is optimal from a tax, liability and operational perspective. All too often these considerations are neglected.
Read more
The following is a Guest Post from Robert Mann, Jr. :
Air travel is the American Way. Our air travel market is the world’s largest and our extent and use of scheduled and private aviation far exceed the rest of the world combined. Scheduled and private aviation have for decades been major contributors to American business productivity.
America is a vast, diverse country where private aviation is vital and essential infrastructure — and not only where scheduled commercial air service links are sparse and circuitous. Private aviation contributes to greater business efficiency, faster communication and improved readiness in times of peace and conflict. Read more
The Oakley Corporate Jet. Click for full-sized image.
Welcome to your cheat sheet to what is now being referred to as “O-Force One”, Barack Obama’s campaign jet. Read more
Ron Dennis, the head of McLaren-Mercedes Formula One racing team, is being sued in the U.K. by his allegedly gay private jet attendant. It seems like the situation has boiled down to a “he said - she (err, he) said” contest rife with stories of Peter Boland being harassed by a McLaren private investigator and even being hit on by another male counterpart when management allegedly circulated rumors of his sexual preference.
Scuderia Ferrari could not be reached for comment, but it’s safe to assume that the tifosi all feel that the entirety of the McLaren organization is gay.
As a huge Red Sox fan, I felt like I stumbled onto an early Christmas present when I saw this picture on one of my favorite new blogs, the RegentJet blog. It’s none other than Private Jets Magazine’s favorite MLB’er, Manny Ramirez, along with Big Papi, Jonathan Papelbon, Mike Lowell, what may be the back of Josh Beckett’s head, and Oki Doke living it up on John Henry’s Falcon 900 en route to the 2007 MLB All-Star Game. Awesome.
See the originals at RegentJet including a bonus pic of Papelbon doing a little promotional work for the King of Beers.
Filed Under:
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Boston,
Celebrities,
David Ortiz,
Hideki Okajima,
Jonathan Papelbon,
Josh Beckett,
Manny Ramirez,
Mike Lowell,
Private Jets,
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Sports 
You know that a cause-celebre has reached “celebrity” status, well, when the world’s most well-known celebrities take it up as their own. Such is the case with the crusade against global warming and its companion concept of each individual’s “carbon footprint.” Read more
Scottie Pippen…6-time NBA Champion, All-Star Game MVP, Top 50 NBA Player of All Time, and Scandinavian hoops phenom…is lucky that he made over $120 million while he was playing. Because he lost $32 million of it “investing”. Read more
John McCain’s Straight Talk Express is no longer catching rides on his wife Cindy’s private jet or a slumming it on a JetBlue charter. The McCainiacs’ new party jet is a Boeing 737-400 operated by Arizona firm, Swift Air. Read more
The Lost island may have a grip on the Losties, but if you were to be stranded on the island, which celebrities would you want with you? While our Gulfstream V may seat fewer than Oceanic Air Flight 815, we still have room for 10 other passengers, and here are the 10 people we would most want to see on our Lost Island.
Richard Dean Anderson. We are hoping that Richard picked up some of those MacGyver tricks that he used over his seven years playing the man who create a bomb out of a toothpick and a rubber band. How could you not want a man who can make a solar-powered oven out of a coconut and rock on your Island? Read more
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