Kevin O’Leary gives his two cents about the effects of the recession on the private jet market
Broomfield, Colo. March 30, 2009 – Kevin O’Leary’s professional advice on current trends of the private jet market is featured in the article: “TARP Banks: Downsizing Their Jets.” Mr. O’Leary explains that private jet sales continue to suffer and have acquired a great deal of negative press. However, O’Leary projects a slight turnaround.
CBS News investigative producer Laura Strickler covered the story in which she describes the pressures of yet another corporation to downsize their private jets in response to the economic recession. Many companies are scaling back despite low returns, in an effort to reverse negative public relations.
Strickler says, “Kevin O’Leary of the private aviation consulting firm Jet Advisors, says when he compares the first two months of 2009 to the first two months of 2008 he sees a 71% increase in inventory and sales are down by 56%. But he says that while jets were being sold at “fire sale” prices a few months ago, sometimes $10 million below market value, prices have recently gone up. He says he is seeing more corporate jets in the marketplace and he attributes it to pressure from the public and the Obama administration, ‘A private jet has a bad connotation right now.’”
The article ran on March 25, 2009. A full-version can be viewed at http://www.cbsnews.com/stories/2009/03/25/cbsnews_investigates/main4893176.shtml?source=search_story.
Monday, April 6, 2009
Wednesday, April 1, 2009
TAG Aviation’s Regional Vice President of Aircraft Acquisition and Sales Joins Jet Advisors as VP of Sales
Eugene Clow, expert in private jet sales and acquisitions, will bring over 35 years of industry experience to the staff of Jet Advisors
Broomfield, Colo. March 20, 2009 – TAG Aviation’s Regional Vice President of Aircraft Acquisition and Sales Joins Jet Advisors as VP of Sales.
Eugene Clow, expert in private jet sales and acquisitions, will bring over 35 years of industry experience to the staff of Jet Advisors.
The private jet brokerage company, Jet Advisors, announced the addition of aviation professional, Mr. Gene Clow, to its growing staff. Mr. Clow has been named VP of Sales and will be an asset to the company.
With over 35 years of experience in the industry to date, Mr. Clow has held highly-regarded positions at Raytheon Aircraft, Flight Safety, and most recently, TAG Aviation.
A few of Mr. Clows accomplishments to date include being awarded the "Blue Chip" in 1995 and 1998, being named the 1995 "Rookie of the Year" and the 1989 "Salesman of the Year," developing revenue of corporate jet transactions in a 17 state region and establishing the worldwide marketing program for aircraft simulators.
Mr. Clow has Advanced Flight training on the King Air 350, King Air B200, King Air C90B, BeechJet 400A, Boeing 737 and Boeing 757. In addition, he holds a BS in Business Management from Portland State University in Portland, OR.
About Jet Advisors:
Jet Advisors was founded to assist Aircraft Owners/Buyers and Fractional Share Owners in managing their private jet needs. The Broomfield, Colorado-based company routinely handles private jet sales and acquisitions, and fractional and private jet consulting. With one hundred years of combined industry experience and hundreds of aircraft transactions, Jet Advisors is able to provide the most accurate, insightful and objective information available in each unique private jet transaction process.
Broomfield, Colo. March 20, 2009 – TAG Aviation’s Regional Vice President of Aircraft Acquisition and Sales Joins Jet Advisors as VP of Sales.
Eugene Clow, expert in private jet sales and acquisitions, will bring over 35 years of industry experience to the staff of Jet Advisors.
The private jet brokerage company, Jet Advisors, announced the addition of aviation professional, Mr. Gene Clow, to its growing staff. Mr. Clow has been named VP of Sales and will be an asset to the company.
With over 35 years of experience in the industry to date, Mr. Clow has held highly-regarded positions at Raytheon Aircraft, Flight Safety, and most recently, TAG Aviation.
A few of Mr. Clows accomplishments to date include being awarded the "Blue Chip" in 1995 and 1998, being named the 1995 "Rookie of the Year" and the 1989 "Salesman of the Year," developing revenue of corporate jet transactions in a 17 state region and establishing the worldwide marketing program for aircraft simulators.
Mr. Clow has Advanced Flight training on the King Air 350, King Air B200, King Air C90B, BeechJet 400A, Boeing 737 and Boeing 757. In addition, he holds a BS in Business Management from Portland State University in Portland, OR.
About Jet Advisors:
Jet Advisors was founded to assist Aircraft Owners/Buyers and Fractional Share Owners in managing their private jet needs. The Broomfield, Colorado-based company routinely handles private jet sales and acquisitions, and fractional and private jet consulting. With one hundred years of combined industry experience and hundreds of aircraft transactions, Jet Advisors is able to provide the most accurate, insightful and objective information available in each unique private jet transaction process.
Wednesday, March 18, 2009
Robb Report Aviation Board wants Jet Advisors President
Broomfield, Colo. (PRWEB) February 16, 2009 – Jet Advisors President Kevin O’Leary has been personally asked to join Robb Report’s Private Aviation Advisory Board. The invitation is not only a compliment to O’Leary but to Jet Advisors as well.
Robb Report magazine targets the “ultra-affluent, sophisticated” consumer, providing detailed information in categories that include sports and luxury automobiles, yachts, real estate, travel, private aircraft, fashion, fine jewelry and watches, art, wine and state-of-the-art home electronics.
O’Leary will serve on the company’s private aviation advisory board, whose main objectives are to provide Robb Report members with expert recommendations on private jet models and options, and to help locate available offers. Other duties of the board include compiling noteworthy reports about the industry, as well as composing professional guides to the variety of private flying choices.
With extensive knowledge and experience in the private jet industry, O’Leary will be able to add another credible opinion to the aviation board.
O’Leary will be attending a meeting in New York City on February 17, along with six other board members. These professionals will collaborate to discuss what’s currently happening in the industry.
Robb Report magazine targets the “ultra-affluent, sophisticated” consumer, providing detailed information in categories that include sports and luxury automobiles, yachts, real estate, travel, private aircraft, fashion, fine jewelry and watches, art, wine and state-of-the-art home electronics.
O’Leary will serve on the company’s private aviation advisory board, whose main objectives are to provide Robb Report members with expert recommendations on private jet models and options, and to help locate available offers. Other duties of the board include compiling noteworthy reports about the industry, as well as composing professional guides to the variety of private flying choices.
With extensive knowledge and experience in the private jet industry, O’Leary will be able to add another credible opinion to the aviation board.
O’Leary will be attending a meeting in New York City on February 17, along with six other board members. These professionals will collaborate to discuss what’s currently happening in the industry.
Friday, February 20, 2009
Investment News Article
Jet Advisors President Featured in InvestmentNews Report
Kevin O’Leary talks status of aircraft market and a silver-lining
Broomfield, Colo. (PRWEB) February 11, 2009 – InvestmentNews correspondent Mark Bruno contacted Kevin O’Leary for a reliable overview of the current status of the aircraft market, especially after the negative press that corporations have been receiving. Although the numbers speak for themselves, O’Leary acknowledged a silver-lining in the industry’s slump.
O’Leary told InvestmentNews, in an article entitled, “Banks bail out of jets,” that the aircraft market has experienced a rapid decline in the past few months after its steady fall in months prior. In spite of this trend, O’Leary expressed that things are picking back up and the market will start to stabilize and then recover. This means that the current situation may be a great opportunity to buy. There are plenty of deals in the market and financing is becoming more readily available to potential customers. A purchase would be a great investment for when the market does turn around.
Bruno quotes O’Leary in the article multiple times: “There are so few buyers out there at the moment, yet the number of sellers is growing constantly,” and again explaining, “If you want to move something right now, you have to lower your asking price to a number where a buyer just can't say no."
O’Leary also mentioned the large numbers of corporate jets for sale, growing from four or five last year to well over 30, and for prices up to 40% less.
The article featuring Jet Advisors President Kevin O’Leary, “Banks bail out of jets,” was published February 15 in InvestmentNews, and is also available at http://www.investmentnews.com.
About Jet Advisors:
Jet Advisors was founded to assist Aircraft Owners/Buyers and Fractional Share Owners in managing their private jet needs. The Broomfield, Colorado-based company routinely handles private jet sales and acquisitions, fractional jet and private jet consulting. With one hundred years of combined industry experience and hundreds of aircraft transactions, Jet Advisors is able to provide the most accurate, insightful and objective information available in each unique private jet transaction process.
Contact:
Jet Advisors
(303) 410-1900
http://www.jetadvisors.com
info provided by http://www.jetadvisors.com/
private jet advisors
Kevin O’Leary talks status of aircraft market and a silver-lining
Broomfield, Colo. (PRWEB) February 11, 2009 – InvestmentNews correspondent Mark Bruno contacted Kevin O’Leary for a reliable overview of the current status of the aircraft market, especially after the negative press that corporations have been receiving. Although the numbers speak for themselves, O’Leary acknowledged a silver-lining in the industry’s slump.
O’Leary told InvestmentNews, in an article entitled, “Banks bail out of jets,” that the aircraft market has experienced a rapid decline in the past few months after its steady fall in months prior. In spite of this trend, O’Leary expressed that things are picking back up and the market will start to stabilize and then recover. This means that the current situation may be a great opportunity to buy. There are plenty of deals in the market and financing is becoming more readily available to potential customers. A purchase would be a great investment for when the market does turn around.
Bruno quotes O’Leary in the article multiple times: “There are so few buyers out there at the moment, yet the number of sellers is growing constantly,” and again explaining, “If you want to move something right now, you have to lower your asking price to a number where a buyer just can't say no."
O’Leary also mentioned the large numbers of corporate jets for sale, growing from four or five last year to well over 30, and for prices up to 40% less.
The article featuring Jet Advisors President Kevin O’Leary, “Banks bail out of jets,” was published February 15 in InvestmentNews, and is also available at http://www.investmentnews.com.
About Jet Advisors:
Jet Advisors was founded to assist Aircraft Owners/Buyers and Fractional Share Owners in managing their private jet needs. The Broomfield, Colorado-based company routinely handles private jet sales and acquisitions, fractional jet and private jet consulting. With one hundred years of combined industry experience and hundreds of aircraft transactions, Jet Advisors is able to provide the most accurate, insightful and objective information available in each unique private jet transaction process.
Contact:
Jet Advisors
(303) 410-1900
http://www.jetadvisors.com
info provided by http://www.jetadvisors.com/
private jet advisors
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