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AC Type Average Price 3 months ago 6 months ago
Falcon 900 $5,795 $6,085 $6,047
Gulfstream IV $5,680 $5,616 $5,632
Challenger 604 $4,880 $4,915 $4,937
The above chart shows average price per hour (taxi rate + fuel surcharges) for 3 popular jets in the Avinode marketplace. The reference group consists of 32 Falcon 900, 58 Gulfstream IV and 51 Challenger 604.
Please Note: All prices are in US Dollars
The nation’s wealthiest football fans are descending in droves on Indianapolis for Sunday’s Super Bowl, setting off a scramble by airport officials in this modest Midwest hub to accommodate the influx of private jets.
About 1,100 private planes are expected to ferry in corporate chieftains and other bigwigs to see the New York Giants face the New England Patriots in Super Bowl XLVI. That’s one of the largest fleets of luxury planes in the Super Bowl’s history, flying into one of the smallest cities to ever host the game.
Indianapolis, with a population of about 820,000, is the first city to host a Super Bowl with just one air-traffic control tower in a 50-mile radius. The Federal Aviation Administration has set up five new departure routes along with three temporary control towers—mobile units with glass-domed ceilings parked in the airfields—at nearby airports.
Michael Medvescek, chief operating officer of the Indianapolis Airport Authority, said the plane squeeze has left no spot to park a private jet within 30 miles of Lucas Oil Stadium.
Read the full story in the Wall Street Journal here.
A House and Senate conference committee compromised late Tuesday on a four-year FAA reauthorization bill that could reach a floor vote in both chambers as early as next week, beating yet another extension deadline set for February 17. The agency has been operating under short-term extensions since the last long-term multi-year reauthorization expired in late 2007. General aviation associations said they are studying the 375-page bill, which would fund the FAA through Fiscal Year 2015 at a total cost of $63 billion. AOPA already noted that the bill contains no increase in taxes for aviation gasoline or non-commercial jet fuel and funds the Airport Improvement Program to the tune of $13.4 billion. The bill provides funding authority for the Next Generation air traffic modernization program at about $1 billion a year, approximately the same amount as in the past two years. “Helicopter operators in the Gulf of Mexico are already benefiting from NextGen and know how important modernization will be for the rest of the National Airspace System,” said Helicopter Association International president Matt Zuccaro.
NBAA launched an “Election 2012” web resource yesterday to help the business aviation community be better informed and involved in this year’s elections in the U.S. While the association does not endorse any candidate in any race, the intent of the website is to help those in the business aviation community determine where candidates stand when it comes to issues affecting business aviation. “It’s an election year, and that means our community has an opportunity not just to make our case for aviation to Congress and hope they decide to be in favor, but an opportunity to help shape Congress itself,” said NBAA president and CEO Ed Bolen. JetOptions is a member of the NBAA.
AC Type Average Price 3 months ago 6 months ago
Citation X $4,646 $4,637 $4,425
Hawker 800 XP $3,644 $3,567 $3,571
Learjet 60 $3,293 $3,272 $3,231
The above chart shows average price per hour (taxi rate + fuel surcharges) for 3 popular jets in the Avinode marketplace. The reference group consists of 32 Citation X, 66 Hawker 800 XP and 76 Learjet 60.
Please Note: All prices are in US Dollars
The following story regarding the private jet tax was in The Hill by Keith Laing :
President Obama should leave a per-flight fee on private jets that could be as high as $100 in the hangar, a bipartisan pair of governors are arguing.
Oklahoma Gov. Mary Fallin (R) and New Hampshire Gov. John Lynch (D) said in separate letters to Obama this week that general aviation, as non-commercial flights are usually referred to, has been unfairly criticized in the president’s populist pitches to voters ahead of his reelection bid.
The National Air Transportation Association (NATA) is calling on its members to oppose legislation submitted last week by South Carolina state Sen. Phil Leventis (D) that would block the imposition of FBO ramp fees on pilots who use a facility but do not purchase any services. According to the wording of the bill, FBO operators “at an airport located in South Carolina may not charge a fee, including a ramp fee, to aircraft that do not use their services and are parked at the airport less than a full day if any local, state or federal funds have been used to fund or improve the airport.” Michael France, NATA’s director of regulatory affairs, described the motion as “nonsense” and countered that Leventis–whose extensive aviation background includes part ownership in a GA repair station and a stint as a county airport commissioner–is attempting to equate FBOs with public accommodations. “What he has forgotten is that most FBOs are private businesses, built with an investment of private capital,” France noted. FBOs are charged rent by the airports while providing services beyond fuel sales, such as aircraft parking, restrooms and passenger and crew lounges, he said. JetOptions is a member of the NBAA.
House and Senate leaders appear to have reached agreement on a multi-year funding plan for FAA spending and programs. Intransigence across both sides of the political aisle has been instrumental in blocking long-term FAA reauthorization, which led to a partial shutdown of the agency for about two weeks last summer. A major sticking point in the FAA bill’s passage has centered on union voting rules, and this now seems to be ironed out. House Speaker John Boehner (R-Ohio) and Senate Majority Leader Harry Reid (D-Nev.) say their deal makes it easier for airline employees, specifically at Delta, to unionize. Congressional aides said work remains on several smaller parts of the FAA bill and will require yet another temporary extension. The agency has been operating under a series of temporary extensions since the last FAA reauthorization bill expired in 2007, with the latest one set to expire next Tuesday. Rep. John Mica (R-Fla.), chairman of the House Transportation Committee, introduced a 23rd short-term extension bill late yesterday that would continue FAA funding and programs through February 17. “I agreed to bring up this extension to provide the time necessary to complete work on a few remaining issues and comply with notification requirements for considering legislation,” he said. The House approved this extension by voice vote this afternoon; Senate action was pending at press time.
AC Type Average Price 3 months 6 months ago
Hawker 400 XP $2 915 $2 943 $2 950
Learjet 35 $2 219 $2 211 $2 210
Citation II $2 093 $2 107 $2 074
The above chart shows average price per hour (taxi rate + fuel surcharges) for 3 popular jets in the Avinode marketplace. The reference group consists of 39 Hawker 400 XP, 22 Learjet 35 and 29 Citation II.
Please Note: All prices are in US Dollars
With Super Bowl 46 only about than two weeks away, Indianapolis-area FBOs are preparing for the arrival of approximately 1,500 business and general aviation aircraft. “We’re already at more than 60 parking reservations for the game,” Million Air Indianapolis regional director Drent Sarault told Aviation International News. “Our phones are slammed with people wanting parking.” For those planning to use business and general aviation to fly in for the game on February 5, the Indianapolis Super Bowl Host Committee has set up a “know before you go” web page that includes FAA notices, airspace and security information and an interactive map showing area airports and heliports. You can book your jet for the Super Bowl with JetOptions.
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