The latest BizAv trends, analyses, indicators and market observations
What will be the ripple effect of Cessna’s new business jet?
Remember when being attentive to detail was a standard to which all others aspired? If you offered a bespoke service- you were expected to deliver well beyond expectations. Mediocrity had no place in a work environment that strives for excellence. It was not okay to let things slide as doing so meant leaving the door open for your competition to show your prospects how they can do it better. This is my soapbox for the month so I am going to play devil’s advocate when it comes to the subject of
Honesty is such a lonely word. Everyone is so untrue” sang Billy Joel. It’s a tune that I have been humming and words that I have been turning over in my head more frequently as of late. It seems that very few people who either make honest mistakes- purposely deceive in an effort to preserve whatever or get caught in a bind will fess up- fix it and move on. I am talking about everything from misrepresentation of aircraft specifications- maintenance screw-ups down to storytelling in an effort t
The bizav industry has certainly seen its share of troubled loans and losses since the Great Recession and banks portfolios were at one time loaded with bad debt from sour aircraft deals. To some degree financial institutions that were prolific lenders back in the day are still dealing with non-performing assets and struggling to move them in what remains a somewhat stagnant resale marketplace.