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Aviation

Bain & Co Luxury Report

Bain & Co expect growth in Luxury market.
After the market shrivelled by some 8 percent in 2009, this year sales of expensive jewellery, champagne and other fancy goods from Germany and elsewhere are expected to increase by 4 percent to €158 billion, the study by consulting firm Bain & Company said.
“After three painful quarters the [...]

China to be World’s biggest luxury goods market in 5 yrs

China will rank as the World’s biggest market for luxury goods in 5 yrs, a Blue Paper on China’s commercial development from Y 2009 to 2010 released in Beijing Wednesday said.
Released by the Chinese Academy of Social Sciences, the Blue Paper said China’s luxury goods market had increased to US$9.4B by the end of [...]

Affluent Market Tracking Study #17

Many books, much research, a lot of time and effort have been written about the spending attitudes of the high and ultra high net worth population, mainly because of the challenge they consistently present: they are an elusive group, as they would prefer to remain relatively anonymous. However, the American Affluence Research Center’s work stands [...]

The $8m Exec Jet

The Dornier 328 seats 32 in its original airliner configuration, but now LiveJet, based in Indiana, has converted one to a 12-seat executive jet. For the bargain sale price of $8 million, the penny-pinching jet-setter will get a roomy cabin and zippy performance.
Reducing the weight increased the range to about 1,700 miles, and with [...]

World’s First Quiet Supersonic Private Jet Debuts in 2016

From LA to NY in just over 2 hours? Very soon, you and 11 of your closest friends or business partners will be able to do just that.
The QSST by Supersonic Aerospace International is a supersonic business jet that is expected to revolutionize the aviation industry upon its arrival.
The 12-seat luxury aircraft, which is formally [...]

Read More » No commentDecember 21, 2009

Cirrus Aircraft: Flying High

Cirrus Aircraft announced this summer that the nearly 500 buyers who have already reserved a single-engine Vision Personal Jet will pay just $1.39 million to fly it away when the first copies roll off the production line. New buyers who get in line by the end of 2009 will pay $1.55 million, and in January the [...]