Monday, April 6, 2009

Jet Advisors President Interviewed for CBS News Regarding Corporate Jet Downsizing

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.

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.