Latest News, page 3
Private AviationFlexjet Spent $34 Million on a Terminal Only Its Own Owners May Use
Flexjet's first European terminal cost $34 million, runs to 2,098 square metres and sits beside a maintenance hangar larger than the building itself. The second time in a month that the ground, not the aircraft, has been the asset in the news.
Private AviationA Jet Card Broker Gave Away 78 Cents of Free Flying per Dollar: What to Check
OneFlight International took in 226.3 million dollars of jet card cash in 2026 and handed back 176.4 million in bonus credits and discounts, according to sales records reviewed by Private Jet Card Comparisons. The industry norm is about 4 percent. The ratio is a check any buyer can run before wiring a deposit.
Private AviationOne Software Fault Grounded a Thousand Flights, and Private Jets Were in the Same Queue
NATS took nearly three hours to fix the system that processes filed flight plans, and 23 hours to call operations stable. Business aviation files into that same processor, which is why Luton and London City sat on the delay list beside Heathrow.
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.