For a number of obvious reasons, the private jet and charter business has seen declines over the past 24 months, but early 2011 indicators point to a slow, healthy recovery on the horizon. At Corporate Jets, we have not been immune to the cyclic nature of our economy, but we’re thoughtful enough to forecast and plan for tough times. That’s why – as we enter 2011 – the Corporate Jets team has exciting news and plenty of optimism for the year that lies ahead.
As of January 31, 2011, Corporate Jets, LLC, moved into inspired new California headquarters, which offer numerous advantages for us and you, our customers. Our new offices at the Keck-Aerolease facility at Van Nuys Airport will:
-Offer more specific hangar space, reducing the need for aircraft movement between flights
-Increased security for aircraft and passenger vehicles
-Decrease our nationwide and Van Nuys fuel prices
-Provide easier access from all directions, especially the 405 freeway
From our new offices, we’re looking forward to sharing a prosperous year with our partners and clients. We continue to be encouraged by positive reports from within our industry pointing to a slow but steady economic recovery. A recent UBS report notes that – while still below historical averages – customer interest in business jets is again increasing. Also, a JPMorgan North American Equity Research analyst recently wrote: “Global corporate profits were up an estimated 46 percent in 2010, and they have historically been correlated with bizjet deliveries…”
Let us know how you’re feeling about 2011 and the direction your business is headed. Yes, we’re aircraft experts, but we’re always game for a good conversation on just about any topic. You can reach us by email, phone, web or even snail mail.
Happy New Year,
Richard Hodkinson
President/CEO, Corporate Jets



