yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

The Jet Business CNBC Editorial January 2012


2m read
·Nov 3, 2024

Welcome to the world's very first corporate jet showroom. This Bondes setup has been specially designed, from the floor to ceiling video walls to the mockup Airbus interior, to lure in the very wealthiest of shoppers. People known in corporate jet pants as ultra high net worth individuals. The Jet Business, the company behind this extravagant showpiece, described this as a one-stop shop for anyone with enough cash to spend on a corporate jet.

Prospective buyers can browse through the hundreds of jets on offer, some costing up to $80 million, at the touch of a button. Blackout windows shield more privacy-conscious buyers from prying eyes. Jet Business founder Steve Verano says his Belg Gravier showroom is a game changer for the corporate jet industry.

"We think that a face-to-face contact is super, super important. We think that being able to have like an information library that you can display graphically on this huge video screen that you've seen is very important. So a lot of our clients, they think they know what's available out there, but really nobody really knows everything that's available."

For the small sum of $40 million, this is what you can get: a corporate jet capable of flying transatlantic flights. It's kitted out with all the mod cons; there's even a double bed in the back. But in these times of austerity, who actually has the money to spend on this?

"That's completely changed in the last 3 years. 70% of all orders are outside the U.S., with the big growth markets being China and the other BRIC economies. And rather than proving a pricey luxury, spending on a jet could actually give your business a lift. The days of corporate excess have gone, and I think now you have to be able to justify an economic benefit of using corporate business travel.

And I think that's been proven. If you look at the performance of the Fortune 500 companies, there is a correlation between the success of the Fortune 500 companies and those that own and operate business jets. But if you feel that a corporate jet is just what your business needs to take off, then hopefully you're not in a hurry. Bear in mind that the average time between placing an order and that first transatlantic cocktail is another 5 years."

More Articles

View All
SLOW Motion Butterfly Puddling - Smarter Every Day 80
Face be Destin. Welcome back to Smarter Every Day! We’re back with Phil Torres, entomologist, and about two years ago I created the video about butterflies. That, about we’re eating a fish, the pits have taken down the fray. That’s not what was happening …
Science Is the Engine That Pulls Humanity Forward
Welcome to the eponymous novel podcast. The main topic that we started out on was timeless principles of wealth creation, and then we’ve been touching a little bit on internal happiness and peace and well-being. But I am, first and foremost, a student of …
The Best and Worst Prediction in Science
How much energy is there in empty space? We believe there is 10 to the minus 8th ergs in every cubic centimeter of empty space. How much is an “erg”? It’s a very small amount. You know, if a mosquito flaps its wings, or a fly I guess flaps its wings, it’s…
Is This a PANDA?? --- IMG! #43
Happy birthday, hair’s on fire. And what is this dog worried about? Oh great. It’s episode 43 of IMG! Say “cheese.” Oh. Also on Tumblr this week I found this price sticker. Oh Pooh. Here’s an awesome plan I found on “dvice.” Not designs for a skyscraper,…
Nietzsche - Overcome Shame, Become Who You Are
In The Joyous Science, Nietzsche writes, “Whom do you call bad? Those who always want to put others to shame. What is most humane? To spare someone shame. What is the seal of liberation? To no longer be ashamed of oneself.” So according to Nietzsche, some…
Proof of the derivative of sin(x) | Derivatives introduction | AP Calculus AB | Khan Academy
What we have written here are two of the most useful derivatives to know in calculus. If you know that the derivative of sine of x with respect to x is cosine of x and the derivative of cosine of x with respect to x is negative sine of x, that can empower…