Word: cessnas
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...Raburn, a longtime amateur aviator who got bored with his life as a computer-products developer, wants to produce the world's first affordable--at least to some--personal jet. Raburn intends to price his twin-engine, five-seat Eclipse 500 at a mere $837,500. The popular Cessna CJ1, by comparison, costs more than $3.7 million. "If they really can stay under $1 million, they will set the biz-jet market on its ear," says Warren Morningstar, spokesman for the Aircraft Owners and Pilots Association...
...techies may solve the traffic problem in their own inimitable way. Local developers are planning a web of six or seven helicopter ports around the region to cut commuting time in the three-county area as well as to make fast connections to airports. Meanwhile, the Cessna sales office at once sleepy Leesburg Municipal Airport in Loudoun County has become one of the best-performing sales points in the nation. Last year Mark Peters nearly doubled his quota and sold 40 planes. "There are a lot of prosperous so-called geeks out there who want to fly," says Peters...
...thrive on such tough times. For years he kept a terminal kidney disease secret from everyone but his doctors and wife Meave, until he finally agreed to a lifesaving kidney transplant from his estranged younger brother Philip, a former KANU member of Parliament. In 1993, a single-engine Cessna that Leakey was piloting lost power--many believe it was a result of sabotage--and crash-landed. He lost both legs below the knee but within three weeks was walking again with the help of artificial limbs. "Some people deteriorate under pressure; some people get exhilarated," Leakey said last week...
...particular plane so much as the right to fly on a jet of the class they have purchased. NetJets owners can purchase a fraction of a plane up to the whole thing and get a proportional share of its air time. A one-eighth share of, say, a Cessna Citation V Ultra goes for $835,000, and each hour of occupied flight will cost you $1,242. Management and other fees are around $7,600 a month...
...service deteriorated, they also found themselves at the mercy of big airlines. Fractional ownership splits the difference: expensive, but cheaper than full board; and the convenience helps compensate for the cost. Just try flying on commercial airlines from Mobile, Ala., to Moline, Ill., nonstop. NetJet offers everything from small Cessna Citation S/IIs up to the new Boeing Business Jet, a reconfigured...