News & Events, page 3
BusinessHalf the Gulfstreams for Sale Have Vanished, and the Best Now Sell Before They Are Listed
Every Gulfstream model Hagerty Jet Group tracks rose in value in the third quarter of 2026, the first time in more than four years, while listings fell from 121 to 59. AMSTAT's preliminary figures show the same squeeze across heavy jets, and the opposite lower down. Last quarter the asking price disappeared. Now, for the best aircraft, the listing does.
LifestyleSanlorenzo Booked 18.3% More Orders on 3.8% More Revenue
Sanlorenzo took EUR 496.4 million of orders in the first half of 2026, up 18.3%, while revenue rose only 3.8%. The Superyacht Division grew 12.4% and boats under 24 metres went flat. A builder's order book is the cleanest forward evidence of where the money is going.
LifestyleHalf a Billion Dollars of Brokerage Stock Opens the Yacht Season
The brokerage fleet at the Cannes Yachting Festival is worth about half a billion dollars, with more than 45 boats over 25 metres on offer. At Monaco two weeks later, 71 of the 116 yachts examined are listed for sale. The autumn selling season opens with an unusually deep book of large tonnage.
LifestyleAround 150 Artworks Made Nearly 60% of Global Auction Sales
Around 150 works accounted for nearly 60% of global auction sales in the first half of 2026, while the three big houses took $6.8 billion between them, up 70% year on year. Collector cars, superyachts and preowned business jets are concentrating value in exactly the same shape.
Private AviationHonda Is Now Buying the Jets It Builds: Inside the Thrive Fractional Launch
Arulean Air, a Honda Aircraft subsidiary, has taken a minority stake in Las Vegas operator Thrive Aviation and will acquire the aircraft for a new fractional programme. No share price, hourly rate or occupied minimum was disclosed, and the structure inverts the one that failed at Volato.
LifestyleFifteen Percent of Billionaires Own an Aircraft, Three Times the Share That Owns a Yacht
Altrata's Billionaire Census 2026 counts 3,795 billionaires worth a combined $15.1 trillion, and puts aircraft ownership at 15 percent against about 5 percent for yachts. What the demand-side census says about the buyer behind business aviation, and about the $6.6 trillion due to change hands within a decade.
BusinessNetJets' Owner Names Higher Prices in a 15.5% Aviation Revenue Rise
Berkshire Hathaway's Form 10-Q says aviation services revenues rose 15.5 percent in the first half of 2026, and lists average prices among the four reasons. The only place the operator that prices the fractional market admits, in writing, that the price has moved.
LifestyleSwiss Watch Exports Flipped in a Month: America Down, China Up
Swiss watch exports to the United States fell 19.4 percent in August 2026, a month after taking 26.7 percent of global output, while China rose 15.8 percent. Averaged over two months the American share is about 20 percent, and the UAE grew while its region shrank.
BusinessThe Fleet Is Being Flown Harder Than at Any Point Since 2019
JETNET's August barometer puts global utilisation at 21.4 hours per tail per month, 10.5% above 2019. Maintenance is billed on hours, not on the calendar, so a busier fleet reaches every inspection gate sooner and hands the next buyer a fuller logbook.
BusinessStarlink Doubled the Bill and the Industry Is Still Deciding Who Pays
SpaceX doubled Starlink Aviation pricing with effect from 7 August 2026, taking the unlimited global plan to $20,000 a month and hardware to $200,000 per aircraft. The cheaper regional tier locks coverage to a single continent, which makes it close to useless for an intercontinental fleet.