Corporate Jet Investor

6 days ago | corporatejetinvestor.com | Alasdair Whyte

In December 1963, Frank Sinatra needed cash. Fast. His 19-year-old son had been kidnapped and he needed to pay a $240,000 ransom. Sinatra had just hours to find the equivalent of $2.5m today, outside of banking hours. Sinatra’s bank declined to help. In a last-ditch effort, he reached out to Al Hart, the president and founder of City NationalBank. City National opened its vault. The bills were marked by the FBI and packed into a suitcase. The cash was left at a Texaco garage in San Fernando Valley.

1 week ago | corporatejetinvestor.com | Rob Hodgetts

ExecuJet Haite has secured its first certification in Kazakhstan to perform line and base maintenance on Bombardier Challenger series and Embraer Legacy business jets. The company, based at Binhai International Airport in Tianjin, China, has maintenance teams with extensive experience on Dassault, Embraer, Bombardier and Gulfstream aircraft.

1 week ago | corporatejetinvestor.com | Yves Le Marquand

Skyservice Business Aviation has been issued a new Supplemental Type Certificate (STC) for the Gogo Galileo HDX system on Bombardier Challenger CL604, CL605 and CL650s. The certification approval from Transport Canada means Skyservice becomes the only MRO business in North America to have completed the STC for Gogo’s Galileo system on Challenger aircraft models.

1 week ago | corporatejetinvestor.com | Yves Le Marquand

Levaero Aviation is seeing a growing and transforming Canadian business aviation market in its third annual State of the Canadian Aircraft Market report. The latest report delivers insights into the dynamics shaping Canada’s business aviation sector, with analysis of transaction volumes, fleet activity and cross-border aircraft movements. Covering all in-production business turbine aircraft — including both turboprops and jets.

1 week ago | corporatejetinvestor.com | Terry Spruce

Fixed base operator Golden West Jet Center will officially conclude its services on June 1st, 2025 at Oxnard Airport. Golden West Jet Center’s owner Harold Lee chose not to submit a bid for renewal in the recent request for proposal for the leasehold of the facility. “We’ve truly valued our time at Oxnard Airport,” said Lee. “However, our strategy has evolved, and continued operations at Oxnard no longer align with our long-term goals.