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
What Colour Is Most Attractive?
[Music] The Sydney dating scene is pretty superficial. But what do people want in a partner? We asked some local Sydneysiders to rate these two stock photo babes out of 10 based purely on their looks. “How would you rate him?” “Six.” “Six? Yeah, lovely s…
Unit 731: Japan’s Hidden Experiment
Four to six weeks. It’s a duration of time that you and I probably take for granted. What can really happen in that time? Nothing, right? Maybe that’s a big project at work, or maybe how long you’d spend learning integrals in calculus. In a different per…
The Bull Market Of 2022 | Did We Just Hit Bottom?
What’s up guys, it’s Graham here. So, I had another video that was scheduled to post today, but with the current state of the market combined with the absolute annihilation of some of the largest companies in existence, I thought it would be more importan…
Types of mixtures | Intermolecular forces and properties | AP Chemistry | Khan Academy
I suspect that you might already be familiar with the term “mixture.” It really does mean what you think it means. If you take two or more substances and you were to mix them together, you are dealing with a mixture, and it could be a solid, a liquid, or …
2015 AP Physics 1 free response 3b
The spring is now compressed twice as much to Δx = 2D. A student is asked to predict whether the final position of the block will be twice as far at x = 6D. The student reasons that since the spring will be compressed twice as much as before, the block wi…
Safari Live - Day 352 | National Geographic
This program features live coverage of an African safari and may include animal kills and carcasses. Viewer discretion is advised. Good afternoon everybody, and welcome to the Mara Triangle in Kenya. There is a male leopard just walking behind that bush.…