This page contains a Flash digital edition of a book.
Executive aviation


comes into its own; multi-leg trips that would ordinarily see a lot of time wasted on advance check-in times, security, immigration queues, airport procedures and even indirect flights are much better managed by private aviation.” Even the dark cloud of downloading


and file-sharing hanging over the music industry has a silver lining for private jet providers. “With retail sales of music declining in the wake of the downloading trend, artists make a much higher proportion of their money from touring these days,” says Gianquitto. “So charter aircraft activity around the live music scene is a real growth area.” Gianquitto’s views are echoed


task, but if you turn up later, you’re not late – because it’s your plane and your schedule.” So if the client rolls up an hour


late, can you slot them into London City’s busy schedule and get them away pronto? Yes, says Grover...well, actually, he says a lot more than that, but to skirt around the techno- talk, the Jet Centre is linked into government-designated and EU- regulated firm Airport Coordination Ltd (ACL), which basically streamlines the airport’s slots to maximum efficiency. This is combined with an “electronic flight strip progressing system”, which cuts down admin and frees up air traffic controllers’ time, meaning a higher runway usage rate. What all this boils down to is that whatever time you roll up, Grover and his team will pull out all the stops to get you in the air ASAP.


46


HIGH-END CLIENTS TAG’s Namihas says 10-15 per cent of its corporate business comes via travel management companies. So I talk to John Gianquitto, chairman and CEO of The Appointment Group, whose divisions – including Travel by Appointment and Music by Appointment – manage travel for often high-end clients in sectors including finance, sport and entertainment. Gianquitto says: “Using private aviation is a way of saving huge amounts of time – though it can also be very cost-effective, too. It often makes sense from a financial perspective. For example, a day return trip from London to Nice for six passengers can cost around £8,000, which isn’t that far off six full business class fares. Factor in the time savings and it can become a much more competitive option.”


A travel buyer for a multinational engineering company agrees: "We regularly have to shuttle people between regional European and UK sites," she says. "When, as is often the case, there's no direct flight connection, it makes sense, cost- and time-wise, to use private charter. This can be the case whether it's a small group of senior management


“Using private aviation is a way of saving huge amounts of time – though it can also be very cost-effective too”


in an executive jet, which we book through a broker, or for larger groups of employees, where we charter a commercial plane from an airline." She also cites the hotel costs saved by one-day trips not possible via scheduled flights. Gianquitto says private jet use


is “really going from strength to strength” in the entertainment sector. “When artists are on tour and playing in a number of different cities it really


by Patrick Margetson-Rushmore, chief executive of London Executive Aviation (LEA), which owns and manages aircraft based in London City, Oxford, Farnborough, Luton, Biggin Hill and Stansted, as well as in Paris and Moscow.


He says the financial services and IPOs business “fell off a cliff” in 2008, but the arts and entertainment sector remained steady, with LEA’s 12-14 passenger (plus plenty of stowage capacity) Embraer Legacy aircraft “very popular with bands on tour”. However, Margetson-Rushmore says he’s seeing a return of the City boys and girls. “The recession changed the mix materially, with corporate financial business dropping massively. But over the last year we have seen change – the beginning of finance coming back. We started to see quotes growing from October 2010, and bookings increasing from February last year.” Like Gianquitto and others, he cites instances where like-for-like


MAY/JUNE 2012


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128  |  Page 129  |  Page 130  |  Page 131  |  Page 132  |  Page 133  |  Page 134  |  Page 135  |  Page 136  |  Page 137  |  Page 138  |  Page 139  |  Page 140  |  Page 141  |  Page 142  |  Page 143  |  Page 144  |  Page 145  |  Page 146  |  Page 147  |  Page 148  |  Page 149  |  Page 150  |  Page 151  |  Page 152  |  Page 153  |  Page 154  |  Page 155  |  Page 156