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Private Aviation in North America Continues to Climb as COVID-19 Drags On

Commercial airlines are going through a trial by fire. As they struggle to book flights and maintain safe operating procedures amidst COVID-19, their stocks hit 5- and 10-year lows. Government stimulus has nearly dried up, and many airlines have closed to wait out the pandemic. The problem is, we’re not even sure if we’ve reached the peak!

As commercial fleets sit grounded or fly half-full, they’re quickly being outstripped by private jets, which are soaring back to pre-pandemic levels of operation at an astounding rate.

The socially distanced option

There’s no denying that the United States is still very much in the grip of a pandemic. The number of confirmed cases of COVID-19 has ticked past 5 million, and the death toll crawls ever closer to 200,000. Even still, the people who power the U.S. economy need to travel to keep the nation as stable as possible during the outbreak.

Indeed, as people begin to travel once more, continued safety concerns have created an uptick in new business. Some charters have even witnessed a triple-digit increase in bookings, up 140.3 percent since April.

A budding recovery, by the numbers

In the era of COVID-19, companies measure success not by expanding business but by careful control over shrinking profits. Although charter flights are on the rise month-over-month, they are still down compared to last year. As a result, when looking for positive business trends in aviation, the focus is on who has lost the least. Light aircraft continue to lead the way in this area, having fallen only 18.7 percent year-over-year. Compare that to the decline in large-cabin jets (a whopping 38.2 percent), and the strength of the industry is thrown into even harsher relief.

There’s positivity buried in these harsh figures. Despite private aviation’s hardships, it’s trending up. Midsized jets rebounded 113.6 percent by June, as did light jets, which ticked up 98.5 percent since April’s lows. There’s optimism that third quarter numbers will continue the recovery.

A new(ish) way to travel

[jet]For those travelers with the means, private aviation has never been more attractive. Even on its best day, a commercial flight is a time-consuming hassle. When one has to add the possibility of contracting COVID-19 to the mix, even a first-class flight seems too risky. That compulsion is only reinforced when you consider that initial research puts the chance of contamination on private flights at roughly 30 times lower than on a commercial trip.

This hesitation in going commercial has been a massive boon to private charter companies, which have attracted new customers in droves. Jet Linx CEO Jamie Walker estimates that half the jet cards sold by his company since April went to those new to private jet travel. It’s just one example of how charter business is expanding aggressively, despite the pandemic.

For those people who still need to travel on a regular basis, the decision to fly private has never been smarter or safer.

Contact the experts at L & L International if you need assistance acquiring or selling a private jet. You can reach our sales specialists today at sales@L-Lint.com, call us any time at +1 (305) 754-3313, or visit us online.

Tensions Flair as Supersonic Jet Regulations Begin to Take Shape

It takes a subsonic jet between seven and eight hours to fly from London to New York. That commute time doesn’t seem so bad when you consider the nature of an international flight over the Atlantic. Then again, the Concorde — the last modern supersonic jet — could make the trip in just over three and a half hours.

At half the time of today’s commercial flights, many wonder how and why we’ve gone so long without supersonic jets. The answer lies in the current spat over supersonic jet regulations, between those for and against a return to supersonic flight speeds.

A timid step forward

In mid-April, the Federal Aviation Administration (FAA) suggested (at last) a pathway for the legitimization of supersonic jets. The proposed regulations would set landing and takeoff noise emission standards for aircraft with a cruising speed of Mach 1.8, also referred to as Supersonic Level 1. While the aviation industry is understandably intrigued by the potential of rapid air travel, the FAA’s proposed standards have sent a titter of discontent among environmental groups.

Opponents of the proposed supersonic regulations decry the potential for noise pollution during takeoff and landing. This continued opposition to regulatory standards remains the most significant hurdle to the production of supersonic jets.

Even though the technology has reached the point where supersonic jets are feasible, the political fighting that lies just under the surface of the battle for supersonic jets isn’t likely to go away anytime soon.

An entrenched battle

Few companies are as excited about the new proposal as GE. As the company’s Aviation arm explained, “GE considers the proposal appropriate for supersonic airplanes and believes the proposal furthers the FAA’s stated objectives to protect public health and welfare while developing rulemaking that is economically reasonable, technologically practical, and airplane appropriate.”

Having already stated their intention to develop supersonic jets, GE’s praise isn’t surprising. Of course, neither is pushback on the proposal from several environmental groups. That’s why the FAA is taking deliberate steps forward on the matter. To hear FAA rep Kevin Welsch explain it, the underlying debate within the FAA concerns the best way to appease environmental activists without suppressing supersonic technology.

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No small enemy

Quelling the concerns of environmentalists won’t be an easy feat. In addition to the concerns over noise pollution surrounding supersonic jets, there’s also significant alarm over fuel consumption. Conventional statistics indicate that a supersonic jet would burn five times more fuel than a traditional aircraft. That represents no small increase in annual fuel emissions at a time when most countries and companies are working to cut back on emissions.

Freedom to fly

At this crucial point in the rebirth of supersonic jets, developers are simply asking for room to develop a new craft that exceeds the FAA’s regulations by leaps and bounds. They simply require the freedom to let their aviation experts ply their trade. While there are still points of contention and regulatory battlegrounds standing between supersonic jets and record-setting transatlantic travel, conversation about jet regulations marks the potential for an amenable step in the right direction.

The expert jet brokers at L & L International are here to help you acquire the perfect jet. Need to sell your jet? We can assist with that, too. Contact the private aviation professionals online, at sales@L-Lint.com, or at +1 (305) 754-3313.

Embraer Isn’t Having Trouble Finding Suitors After Failed Boeing Deal

Just a few months ago, American aerospace titan Boeing and Brazil’s Embraer came to the table to discuss a partnership — what would’ve been the largest of its kind in the history of private aviation. Just short of signing the paperwork, the entire deal fell apart. Some point to Boeing’s cash-strapped 737 Max fiasco as the reason for the bailout. Others have accused Embraer of coming up short on the requirements of the deal. The truth is, no one really knows exactly why the deal fell apart. All we know is that it did.

A soap opera among industry titans

Boeing was the first to point fingers, claiming Embraer failed to comply with requirements outlined in the contract. However, there’s a strong chance Boeing is in the wrong. Many suspect that Boeing pulled out of the deal due to a financial crisis spurred on by the global pandemic. The contract states unacceptable reasons for backing out include financial hardship and a pandemic. Still, no one knows definitively why the partnership fell through.

Despite failure to broker a deal, one can hardly say Embraer left with a broken heart. The aviation company has three potential suitors: China’s COMAC, Irkut from Russia, and the government of India. China may prove to be a fierce competitor with promising plans to develop a new 150-seater. Likewise, Embraer would be lucky to get their hands on Russia’s MS-21. India has plans for a smaller, regional jet that may appeal to Embraer’s knack for planes with 80 to 90 seats.

Out of all the players vying for Embraer’s heart, India would benefit the most from a partnership. They’re behind in the commercial sector, and Embraer would provide leverage against competitors in China. India also appears to be the most serious about a deal, while the others may simply enjoy window-shopping.

Is Embraer in good shape for a new deal?

[jet]Several factors are delaying a new partnership with Embraer. Their earnings were down the first quarter of 2020, which doesn’t leave them much cash to compete with other partnerships happening in the aviation industry. Embraer is confident they’ll bounce back once the pandemic blows over, but other companies aren’t willing to take a leap of faith just yet.

Political tensions also are at play. Embraer has a strong allegiance with the Brazilian government and depends on their approval. A partnership between Embraer, a company based in Brazil, and China’s COMAC, would be a controversial move on the part of Brazilian president Jair Bolsonaro. On the flip side, Brazil and India have shown zero qualms working with each other in the past. Once again, India proves to be the front runner.

All significant players looking at Embraer will have to wait until the aviation industry makes a comeback post-pandemic. No one, not even Embraer, has made strides toward a deal. All the companies have experienced financial fallout to some degree, so a partnership still comes with hurdles and obstacles in a time of general economic strife.

Contact the experts at L & L International if you need assistance acquiring or selling a private jet. You can reach our sales specialists today at sales@L-Lint.com, call us any time at +1 (305) 754-3313, or visit us online.

Flightpooling and What it Means for Once-Private Charters

If you need to get from Salt Lake City, UT to Houston, TX by plane, you’ve got two real options: book a commercial flight or charter a private jet. There are trade-offs for both. But what if there was a middle ground? Something in-between a totally commercial flight and a totally private charter? That’s the concept behind flightpooling and its recent rise to prominence. As fears of coronavirus linger and the need for travel ramps back up, more people are seeking to hedge their health in a cost-effective way. Enter: flightpooling.

How does flightpooling work?

It’s the same concept as carpooling. A group of people need to reach the same destination. Instead of driving in their separate cars, they all pile into one to save on gas money and reduce carbon emissions. Similarly, flightpooling is a cost-efficient alternative to flying solo. You get a private jet at a fraction of the price. All the passengers save each other from shouldering the full cost of a private flight on their own.

Flightpooling comes with several other benefits as well. In the midst of commercial flight cancellations, a private jet can get you just about anywhere. You’ll be in contact with other passengers, but the numbers are far less than what you’d have to put up with at a public airport. COVID-19 presents a unique opportunity for people to afford a private flight for the first time.

Flightpooling is a game changer right now

Flightpooling has always been an option. However, it’s so niche that circumstances didn’t allow the trend to flourish until now. Before the rise of COVID-19, passengers either wanted to go cheap on a commercial flight or have total privacy. But last-minute evacuations coupled with cancelled flights have been the driving forces behind flightpooling. A once-obscure option is now the only option in many instances.

It keeps passengers safe from crowded airports while maintaining a cheap price. Private flights are still more expensive than commercial airlines, but they’re cheaper than ever thanks to the current circumstances. Flightpooling is perfect for people who want to limit their exposure to COVID-19 and charter companies that want those empty seats put to good use.

The future of flightpooling

[jet]Flightpooling may prove to be a short-lived fad. Passengers will flock to commercial airlines once they reopen, which is likely to happen soon due to government easing of travel restrictions. However, it would be a lucrative business venture if the world saw a second wave of COVID-19. Private charters were late to the game, but now they’re well-equipped to offer flightpooling in the future.

Global pandemic aside, flightpooling remains the perfect option for passengers who want to avoid long lines at public terminals, but also save a few thousand dollars. Thanks to this method of transportation, private jets can serve more than just business executives and the wealthy. There are new market options for an industry forced to innovate at a rapid clip.

Contact the experts at L & L International if you need assistance acquiring or selling a private jet. You can reach our sales specialists today at sales@L-Lint.com, call us any time at +1 (305) 754-3313, or visit us online.

BizAV Braces for Sharp Decline as COVID-19 Pandemic Continues

Nothing brings an economy to a grinding halt like a global pandemic. Border closures, travel restrictions, and shelter in place decrees like we’re currently experiencing are unprecedented. Not since 9/11 has aviation seen such a dramatic grounding of planes. And by all accounts, we haven’t yet hit the apex of the COVID-19 pandemic.

In the early days of its spread, the virus actually propelled BizAV to unprecedented levels of demand as people chartered jets to escape airports, get home, and travel in isolation. But now, even business jets sit idle on the tarmac. BizAV is in for a rough spring and summer, and the industry is bracing itself for sharp downturn.

Shutdowns loom over private aviation

Stopping the spread of COVID-19 has called for increasingly stringent sheltering. Domestic travel is nearly at a standstill as most of the country abides by stay at home orders. Moreover, international travel to and from major economic hubs just isn’t possible right now due to closed borders and stringent travel guidelines. Currently, flights from 26 countries are barred from entering the U.S. alone, with similar countries following suit. All told, as many as 500 transatlantic flights were prevented in March.

But the downtrend in travel isn’t the only thing hurting BizAV. Business aircraft factory closures are stifling the industry as major manufacturers like Textron, Bombardier, and Embraer close their doors and furlough staff. This looms heavy over private aviation, indicating new jet deliveries and announcements may be delayed even after the economy regains its footing.

The numbers indicate turbulence

[jet]Aviation data analyst WingX has tracked the status of business aviation charters throughout the spread of COVID-19. They found decreases that may have been much worse without the initial surge of demand as countries began declaring a state of emergency. WingX data from March shows:

  • U.S. business jet flight activity decreased by 21%.
  • Flight activity was 25% lower for Europe and Asia.
  • Italy saw a 70% reduction in business flights.
  • France saw a 43% reduction in business flights.
  • Germany and Switzerland saw a 30%+ reduction in business flights.

WingX also compiles detailed flight data about the length of charters and the plane itself. According to the organization’s most recent report, “all aircraft segments have seen severe declines.”

A future beyond COVID-19

The downturn in BizAV was inevitable. COVID-19 is a global pandemic, and no form of travel is beyond its reach to cripple. That said, private aviation companies and charter providers are getting creative to preserve their businesses during this period of economic turbulence.

Some charter companies like Jet Linx and VistaJet have begun offering heavily discounted jet cards to customers as a way to bring new interest into the industry. Other private charter companies have leaned into civil service. Charter providers JSX and JetSuite have helped repatriate more than 100 U.S. citizens stranded abroad. Private Jet Services Group has similarly helped more than 11,000 students, athletes, executives, and families get home. Even more providers have offered up service to transport medical equipment and supplies regionally.

There’s no doubt BizAV will survive the downturn brought on by COVID-19. But it could be some time before private aviation gets back up and running with vigor. Until then, manufacturers, brokers, flight crews, jet owners, and travelers will all wait with bated breath.

The expert jet brokers at L & L International are here to help you acquire the perfect jet. Need to sell your jet? We can assist with that, too. Contact the private aviation professionals online, at sales@L-Lint.com, or at +1 (305) 754-3313.

New Biodiesel Tax Credit Expected to Benefit BizAv

Throughout its tenure, the Trump Administration has implemented a variety of tax cuts and credits — many of them in the original Tax Cuts and Jobs Act (TCJA) of 2017. However, with the signing of the 2020 appropriations bill in December, yet another has been added to the list — the Biodiesel Income Tax Credit.

The Biodiesel Income Tax Credit originally expired on December 31, 2017, but was retroactively extended through December 31, 2022 by the Trump Administration. The incentive rewards taxpayers delivering biodiesel, agri-biodiesel, or renewable diesel fuels to the tune of $1 per gallon, redeemable as a credit against the taxpayer’s income tax liability. The credit applies up to two years retroactively.

The rise of sustainable biofuels

[jet]While the tax credit isn’t an outright benefit to jet owners, the BizAv community benefits. The purpose of the credit — to promote and encourage the development of sustainable aviation fuels (SAF) — aligns with the industry’s self-imposed goal of carbon-neutral growth, set in 2010.

The Sustainable Aviation Fuels Coalition (SAFC) — which includes the European Business Aviation Association, General Aviation Manufacturers Association, International Business Aviation Council, National Air Transportation Association, and National Business Aviation Association — has lauded the revival of the credit. The coalition believes the growing awareness and commitment to sustainability and carbon-neutral growth will encourage more jet biofuel makers to explore SAFs, creating demand within the industry.

The impact of SAFs is very real and continues to be a driver of environmental responsibility within BizAv. According to some estimates, SAFs are responsible for reductions in CO2 emissions up to 80%.

Beyond simply a tax incentive

Although biodiesel is already popular with jet owners, demand hasn’t been able to suppress price. In something of a vicious cycle, many jet owners have elected not to use SAFs despite interest, using cheaper fuels instead.

Reuters reports that in September 2019, 95 U.S. biodiesel plants produced 142 million gallons of the fuel, down from 164 million gallons a year earlier, according to the Energy Information Administration. The drop in demand likely coincides with the expiration of the tax credit in December 2017. Now, with the revival of the highlighted Biodiesel Income Tax Credit and increased emphasis on environmental concerns, jet owners may be more likely to consider SAFs. Analysts expect demand for SAFs to rise again in 2020. And with increased demand and the tax perks now associated with biofuel production, the price of SAFs may fall to a more appealing level for jet owners.

Going beyond renewed demand for biofuels, many industry analysts are hoping for increased demand in biofuel varieties as well. Innovations in fuel derivatives promise to make SAFs even more efficient alternatives to traditional diesel, with the potential to drastically cut carbon emissions and leave a cleaner planet for the generations to come.

To learn more about claiming the Biodiesel Income Tax Credit, please visit the IRS website or the EPA section on Fuels Registration, Reporting, and Compliance Help.

The expert jet brokers at L & L International are here to help you acquire the perfect jet. Need to sell your jet? We can assist with that, too. Contact the private aviation professionals online, at sales@L-Lint.com, or at +1 (305) 754-3313.

Get the Scoop on Discrepancies Before You Buy an Aircraft

Discrepancy isn’t a term with good connotations. It usually means something falls short of expectations or differs from the norm. When you’re buying a jet, it’s not a word you want to encounter at any phase of the transaction. But discrepancies are something almost every used jet buyer faces. They’re a natural part of the inspection process and an important one to acknowledge before ownership of the aircraft changes hands.

Also called “squawks,” discrepancies can range from minor annoyances to major airworthiness concerns. Aircraft buyers need to understand that discrepancies exist in every used jet, and that some squawks reserve more attention than others in their ability to make or break a sale.

The squawk scale

[jet]The word discrepancy is simple to understand: A difference between two things which ought to be identical. In the context of a plane, this definition has a much broader implication.

A small rip in one of the passenger seats of a used jet is a discrepancy. But so is a leading edge that’s out of limits. One of these issues affects airworthiness; the other is purely cosmetic. Both show up on a discrepancy report, but one of them isn’t likely to sink a sale. Realizing the severity of a squawk within the context of the plane’s condition means discerning what’s truly important versus what’s not.

Who fixes damages and what’s worth haggling over?

A discrepancy report is going to list every single thing that’s wrong with a plane — from major airworthiness issues like body corrosion and worn brakes, to minor interior scuffs and stains. As a buyer, you’ll get the complete scoop on your potential investment. It can be overwhelming, especially if the report is several pages with multiple glaring concerns.

Who fixes discrepancies? That’s the question any buyer immediately asks, and the answer truly depends on the situation. The seller is on the hook to deliver an airworthy jet, so often they’ll assume responsibility for fixing major discrepancies. For cosmetic squawks and notes of condition, the situation can get murky. For example:

  • The seller may be willing to cover repairs up to a certain amount, allowing the buyer to choose which squawks to address with those funds.
  • The buyer and seller may negotiate a list of repairs, making the sale contingent on repair completion.
  • The seller may come down on sale price with the condition that the buyer assumes repair costs.
  • The buyer and seller may use a mediator to determine a fix/no fix list before the sale.

As with any transaction, the goal is to reach a compromise. Sellers want a fair price for their used jet; buyers want a jet that’s safe and in good condition. The key to achieving this balance lies in navigating the squawk scale. Beyond airworthiness repairs, buyers and sellers need to determine what cosmetic discrepancies are low priority versus those that could waylay a deal.

Listen to the squawks and distinguish what matters

The key to understanding, resolving, and moving past discrepancies is in navigating the pre-sale discrepancy report. Reports will (hopefully) be thorough, documenting the entire scope of a discrepancy. From this documentation, buyers and sellers can tell what’s of critical importance versus what’s just static. Beware of reports with lackluster descriptions and read deeper into squawks to get a feel for their level of importance. Then, make your concerns known to the seller before the transaction is finalized.

Contact the experts at L & L International if you need assistance acquiring or selling a private jet. You can reach our sales specialists today at sales@L-Lint.com, call us any time at +1 (305) 754-3313, or visit us online.

BizAv Traffic Falls in Europe; Will the U.S. Follow?

Business aviation reports out of Europe paint a declining picture of private charters. There’s been noticeable pullback in BizAv flights over the past 12 months ― as much as 16% since June 2018. Industry analysts expect the pullback to continue through the end of the year. Can the U.S. expect the same?

A look at the numbers

Concerns about BizAv on a global scale aren’t unwarranted. Figures out of Europe show a downturn in business flights across almost every sector ― several with double-digit decreases in traffic over the course of a year. As of June 2019, the figures for BizAv in Europe included:

  • Turboprops fell 28.6%
  • Large aircraft slid 14.4%
  • Light jet traffic dropped 5.3%
  • Midsize jets dipped 4%

The only segment of BizAv currently up year-over-year from 2018 is the super-midsize segment, which has seen a 4.8% increase in flights.

It’s also important to note that declines haven’t been consecutive. Europe’s BizAv market saw a spike in seasonal traffic in May, with all segments experiencing positive flight volume. The general decline is attributed to declines primarily from the fourth quarter of 2018 and the first quarter of 2019.

Short-term headwinds or long-term downtrend?

The decline in European BizAv is the result of several catalysts. Primarily, there are geopolitical concerns centered in Germany and the United Kingdom.

Germany’s economy has been slowing in 2019 and may enter recession territory in 2020. This pullback has contributed to belt-tightening among corporations that would otherwise contribute to BizAv statistics. Similarly, the uncertainty and relative mess of Brexit has hampered a large portion of BizAv traffic to and from London and other destinations. Combined, these two countries represent a significant portion of Europe’s BizAv sector. The result is plain to see: Continental flights are far below 2018 figures.

Interestingly, intercontinental flights are up. Flights to North America rose 5% and charters to Latin America saw explosive growth of 23%.

A glimpse into the future of U.S. BizAv?

Many have started wondering whether Europe’s BizAv troubles will arrive stateside. The U.S. economy appears to be following Germany’s cues toward a slowdown, and global trade tensions have eroded international relations. It’s conceivable that both will impact BizAv.

[jet]For now, however, the fears appear unwarranted. According to recent BizAv data, North America has seen an uptick of 2.4% in business aviation over the past 12 months. The FAA has forecasted strong growth in commercial aviation over the next 20 years, and BizAv is expected to follow. With the explosion of globalized commerce and continued expansion of economic hubs worldwide, it’s expected BizAv activity will maintain healthy growth over the long term.

Interesting enough, the tail end of 2019 could yield temporary downturn for BizAv – the fourth quarter tends to be the slowest of the year.

It seems for now Europe’s slowing BizAv sector is a unique problem. While some rippling effects are sure to hit North America, the U.S. remains on track for positive growth in the business aviation sector.

Contact the experts at L & L International if you need assistance acquiring or selling a private jet. You can reach our sales specialists today at sales@L-Lint.com, call us any time at +1 (305) 754-3313, or visit us online.
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The Full Financial Impact of Boeing’s 737 MAX Travesty

It’s been months since the initial headlines about Boeing’s 737 MAX scandal initially hit the media. Hundreds dead. Planes grounded. Intervention from the Federal Aviation Administration (FAA). Now, months later, the plane is no closer to a return to the skies and the industry has even more questions. The only thing that’s come to light in any real capacity is how much Boeing will end up paying for its lackadaisical approach to aircraft safety.

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Breaking down the numbers

The big number facing Boeing right now is $4.9 billion. That’s the amount of a special charge the company will absorb in the second quarter of 2020. The true cost actually comes out to a roughly $5.6 billion reduction of revenue and pre-tax earnings, according to the company. This large sum may be the biggest to crater Boeing’s balance sheet, but it’s far from the last.

Alongside this special charge, Boeing anticipates increased production costs for future 737 MAX aircraft as well. That figure currently stands at $1.7 billion on top of the original cost of production cited by the company earlier in the year. Perhaps the most damaging aspect of this cost is its effect on future cash flow. It’s likely to be realized throughout 2020 as it’s incorporated into the next 3,000 or so planes produced by the company.

In addition to higher production costs, Boeing’s production numbers are down dramatically from 52 to 42 planes per month. The lost revenue from this lowered production output compounds its already mounting charges.

Ironically, the smallest sum within the scope of Boeing’s costs is a $50 million fund the company is establishing to deliver near-term relief to families of crash victims. Despite an unwelcome response from families calling this commitment a “PR stunt,” it’s nonetheless another cost to the business.

The total cost to Boeing at this point? Estimates put the number at roughly $8.3 billion. For a company with a $191 billion market cap, the cost may not seem insurmountable, but it’s certainly enough to hamstring the company headed into 2020 — especially as it loses orders to rival Airbus and its favor with the FAA.

Looking ahead … at upcoming costs

The dollar value attached to the 737 MAX scandal isn’t close to concrete. The tallied cost we have today only represents the near-term. Boeing stands to lose much more money in the coming months and years.

[jet]For starters, no one is certain when the 737 MAX will fly again. There is no end to the grounding in sight, which means lost revenue for every airline with a handicapped fleet. American Airlines, Southwest Airlines, and other major players have already begun reporting lower-than-expected earnings, citing the grounding as a prime contributor. Their lost revenue is soon to become Boeing’s. The company has already agreed to compensate customers affected by the grounding — namely in future discounts, representing even more costs to be paid in the future.

Boeing has also lost favor with the FAA. Initially slow to take action, the FAA has faced major backlash in recent months over the lack of oversight to Boeing. The agency appears to be on the outset of issuing new regulations aimed specifically at increasing its reach. For Boeing, a more involved FAA likely means higher costs and more regulatory hoops in the future.

The 737 MAX scandal itself may be in the rearview mirror, but Boeing’s costs are just beginning to mount. How high will they go? The next breakpoint appears to be tens of billions of dollars.

The expert jet brokers at L & L International are here to help you acquire the perfect jet. Need to sell your jet? We can assist with that, too. Contact the private aviation professionals online, at sales@L-Lint.com, or at +1 (305) 754-3313.

Here are the Top 5 Most Convenient Private Airports in the World

Flying on a company jet comes with broad benefits. When you’re traveling on a corporate or private jet, it’s much easier to sit back and enjoy your flight, or even host a meeting en route to your destination.

One of the few drawbacks associated with traveling via a business aviation (BizAv) flight, however, is that private airports aren’t always conveniently located. You may skip the security lines and airport lounges, only to find yourself stuck in a several-hour car ride to your final destination.

Identifying airports that offer convenient access to their respective city centers and an emphasis on servicing BizAv flights can make traveling via private aircraft both worthwhile and enjoyable.

The best BizAv airports

There are several airports throughout the world that cater to BizAv traffic and are beloved by industry insiders for their proximity to urban centers and business hubs. Here are the world’s most conveniently located airports specializing in BizAv flights:

1. Le Bourget, Paris Paris-Le Bourget Airport is a storied institution. First established in 1919, the airport once served as Paris’ central air traffic hub. Today, it caters only to BizAv and other general aviation flights. The airport offers three runways and is only four miles from Paris.

2. Chicago Midway, Chicago — While commercial flights do fly into Chicago’s Midway International, the airport is increasingly used by BizAv, private, and chartered flights. Chicago Midway is just eight miles from the Chicago Loop, making it much closer to the city center than O’Hare and other suburban options.

3. Boeing Field, Seattle — Located primarily in Seattle’s Georgetown neighborhood, Boeing Field offers exceptionally convenient access to the Pacific Northwest’s vibrant tech hub. The airport offers two runways and is just five miles from Seattle’s city center. Boeing Field primarily serves BizAv, cargo, and general aviation needs.

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4. Business Aviation Terminal, Nice, France — Nice’s conveniently located Business Aviation Terminal not only offers convenient access to the city and surrounding region but also provides a slew of amenities on-site, including luxury shopping and comfortable VIP lounges. Passengers can drive directly to the terminal entrance, where strategic shading allows for discrete entry.

5. London Farnborough, London — The United Kingdom’s first-ever operational airfield, London Farnborough is today completely free of commercial traffic. Located just under an hour from London’s city center, the Farnborough airport also offers direct access to aircraft from private vehicles. The airport boasts stellar service and striking architecture.

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Convenience, comfort, and speed are three of the main benefits associated with traveling on a BizAv flight. Next time you find yourself traveling, consider flying through one of these dedicated business airports. It can help you reach your destination faster and maximize your investment in BizAv travel.

The expert jet brokers at L & L International are here to help you acquire the perfect jet. Need to sell your jet? We can assist with that, too. Contact the private aviation professionals online, at sales@L-Lint.com, or at +1 (305) 754-3313.