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Private Jet Deals Have a Fraud Problem04 nov. 202600:37:17


The aircraft is real. The deal is real. The wire instructions? That’s where things get expensive.

This week on The VIP Seat, Andrew from Wingform joins us to unpack how fraudsters infiltrate aircraft transactions, monitor email threads, and wait for the closing-day rush to redirect the money.

We get into spoofed emails, AI voice cloning, sensitive documents shared a little too casually, and why “the escrow company handles that” deserves a closer look. Plus, what aviation’s just culture could teach the transaction side about sharing fraud stories before someone else becomes the next one.

A multimillion-dollar transaction shouldn’t run on trust alone.

Thank you to our sponsors AB Jets and REAL Jet for making this show possible!

REAL Jet: Beyond the Booth30 oct. 202600:22:57

What should private flyers know before putting money into a jet card—and what does it take to build a brand they can trust? Preston Holland and Jessie close out this week’s Beyond the Booth series at NBAA-BACE 2026 with Kenny and Robert of RealJet, recorded onboard the very bus that hosted the conversations.

The discussion tackles customer trust, prepaid jet cards, and why the team believes financial backing, transparency, and leadership track records matter more than celebrity endorsements or splashy advertising. Kenny and Robert share their perspectives on matching customers with the right aviation solution, recognizing offers that sound too good to be true, and maintaining strong operator relationships as costs rise.

They also explore REAL Jet's broader vision for an experience-driven lifestyle brand and why they believe more artificial intelligence creates an even greater need for human intelligence. From visiting operators and connecting with clients on the road to supporting charitable initiatives, they explain how the REAL Jet bus brings that relationship-first approach to life. Plus, their take on the show floor, eVTOL economics, and what’s ahead for private aviation.

Thank you to Leviate Air Group, the presenting sponsor of The VIP Seat’s Beyond the Booth series from NBAA-BACE 2026, for making these conversations possible, and to REAL Jet for providing our home on the road! Explore Leviate’s aircraft charter, sales, management, and advisory services at leviateair.com.

Jet OUT: Beyond the Booth29 oct. 202600:23:22

How do you make the economics of light jets work? Preston Holland sits down with Matt Wild and Joe Crivello of Jet OUT at NBAA-BACE 2026 to explore the company’s answer: a single-type fleet, a network of local bases, and a day-based co-ownership model built around how customers actually use their aircraft.

With its CJ4 Gen2 fleet order complete, Jet OUT shares how it approaches aircraft selection, manufacturer relationships, and growth in an environment shaped by supply-chain constraints and rising capital costs. Matt and Joe explain what separates their Part 135 co-ownership and co-lease programs from traditional fractional ownership and how returning aircraft to base, integrating maintenance, and keeping pilots home most nights supports their operating model.

The conversation also digs into wholesale charter, customer incentives, and why Jet OUT prices access around days rather than just flight hours. Plus, they discuss introducing airline travelers to private aviation and where they’re seeing new wealth enter the customer pipeline.

Thank you to Leviate Air Group, the presenting sponsor of The VIP Seat’s Beyond the Booth series from NBAA-BACE 2026, for making these conversations possible. Explore their aircraft charter, sales, management, and advisory services at leviateair.com.

Thrive Aviation: Beyond the Booth29 oct. 202600:22:28

What happens when Honda partners with an established private jet operator to build a fractional ownership program? Preston Holland and Jessie Naor sit down with Curtis Edenfield of Thrive Aviation at NBAA-BACE 2026 to unpack the partnership and why it’s about more than adding HondaJets to the fleet.

Curtis shares how Honda approached Thrive, what went into the extensive due diligence process, and how the companies are building a new fractional offering around the HondaJet and Challenger 3500. He explains why Thrive plans to start with a regional, West Coast operation, prioritize operational efficiency, and grow deliberately rather than chase nationwide scale from day one.

The conversation also explores the economics of light jets, the pressures of high aircraft utilization, and how Thrive’s fractional, core charter, and managed fleets fit into its long-term strategy. Plus, Curtis weighs in on industry consolidation, improving supply chains, and the customer requests that keep private aviation interesting, from elaborate fast-food orders to the price of smoking onboard.

Thank you to Leviate Air Group, the presenting sponsor of The VIP Seat’s Beyond the Booth series from NBAA-BACE 2026, for making these conversations possible. Explore their aircraft charter, sales, management, and advisory services at leviateair.com.

Leviate Air Group: Beyond the Booth Series28 oct. 202600:25:10

Preston Holland sits down with Luis Barros and Randall Mize of Leviate Air Group for a candid conversation about buying, selling, managing, and growing in today’s private aviation market. Recorded at NBAA-BACE 2026 for The VIP Seat’s Beyond the Booth series, this episode explores how Leviate connects charter, aircraft sales, management, and advisory services under one roof—and what it takes to make that ecosystem work.[ppl-ai-file-upload.s3.amazonaws]

Luis and Randall discuss younger buyers entering the ultra-long-range market, the relationships behind off-market aircraft deals, and why consolidating charter operators is harder than it looks. They also preview a planned expansion into Boeing 767 operations, share their perspectives on AI and next-generation aircraft, and explain why engine and parts shortages remain a serious concern for aircraft owners and operators.

Thank you to Leviate Air Group, the presenting sponsor of The VIP Seat’s Beyond the Booth series from NBAA-BACE 2026, for making these conversations possible. Learn more about their aircraft charter, sales, management, and advisory services at leviateair.com.

SyberJet Gets Fired Up, Pratt & Whitney's New Engine28 oct. 202600:29:50

SyberJet brought the lasers. Operators brought their frustrations with FBO fees. And we came home from NBAA-BACE 2026 with a few questions that didn’t get answered onstage.

This week on The VIP Seat, Jessie and Preston unpack Trevor Milton’s SyberJet relaunch, from the mock-up and ambitious avionics plans to the reaction when Preston questioned the presentation online. We’re here for innovation. That doesn’t mean we’re skipping the questions about execution.

Then, we get into the FBO special event fee debate: why unpredictable charges leave operators and brokers explaining bills they didn’t set, and why better transparency matters as much as the price.

Also on the agenda:

  • STA Jets’ acquisition of International Jet and the push for scale in charter
  • Goodwin’s Stack Aero acquisition and the questions it raises about customer data, sourcing and AI
  • Pratt & Whitney’s PT9: where could a more powerful turboprop fit?
  • Bombardier’s U.S. investment plans and its response to political pressure
  • Mile High Madness: private jet saunas and the operator-versus-broker rivalry

Plus, look out for our Beyond the Booth interviews with business aviation leaders coming out as bonus content this week, presented by Leviate Air Group.

CHAPTERS
00:00 Bombardier’s political punching bag
00:22 Welcome back from NBAA-BACE
00:51 SyberJet’s relaunch and Trevor Milton’s response to criticism
07:19 FBO special event fees: the predictability problem
10:52 A thank-you to AB Jets
11:35 Mile High Madness: jet saunas and brokers vs. operators
15:22 M&A Gong: STA Jets, International Jet and Stack Aero
19:47 Who owns the customer data?
21:27 Pratt & Whitney’s PT9 and the next turboprop opportunity
25:12 RealJet and finding the right charter partner
25:58 Bombardier, Trump and U.S. investment
28:41 Beyond the Booth interviews and what’s next

The VIP Seat is presented by AB Jets. Thank you to our segment sponsors Wingform and Oshman Aviation, and toRealJet for supporting our NBAA coverage.

Subscribe for weekly business aviation news, analysis and the conversations behind the headlines. Get the newsletter at thevipseat.com.

#TheVIPSeat #BusinessAviation #NBAA #SyberJet #PrivateAviation


The History of NBAA BACE19 oct. 202600:37:14

Is NBAA-BACE still an airplane-buying show, or has it become a B2B convention with a static display? And is charter demand really growing, or are bots just getting better at requesting quotes?

Ahead of NBAA-BACE 2026 in Las Vegas, Jessie and Preston trace the show’s roots from a small group of corporate aircraft operators to business aviation’s biggest annual gathering. We discuss how the event has evolved, why OEM participation keeps shifting, and whether manufacturers are overlooking the people who actually influence aircraft purchases: brokers, management companies, pilots and maintenance professionals.

Then we unpack Avinode’s reported 27% increase in U.S. charter demand and why more requests don’t necessarily mean more flights. From AI-powered sourcing to quote-to-booking ratios, we discuss what operators should watch before celebrating a busier inbox.

Plus, the FAA is seeking an ownership stake in Air Space Intelligence, a contractor supplying AI-powered traffic-management technology. Should taxpayers share in the upside, or should the government stick to being the customer? We debate the proposal and lawmakers’ push to pause the SMART rollout.

In Mile High Madness: Bombardier’s influencer strategy gets our attention, and a corporate flight attendant’s viral post offers a lesson in the difference between engagement and employability.

In this episode:

  • NBAA’s founding and the evolution of NBAA-BACE
  • Static aircraft displays, OEM economics and the value of industry access
  • Why charter quote requests aren’t the same as booked trips
  • AI bots, charter sourcing automation and protecting your sales team’s time
  • The FAA’s proposed stake in Air Space Intelligence
  • Aviation influencer marketing: what works and what really doesn’t

Find us at NBAA-BACE and come say hello.

Subscribe to The VIP Seat and get the newsletter at www.thevipseat.com.

Thank you to AB Jetsand RealJetfor sponsoring this week’s episode.

#BusinessAviation #NBAABACE #PrivateJets #AirTrafficControl #AviationPodcast

Meth Jet, Rogue Pilots, and Fortune Gets BizAv Wrong14 oct. 202600:31:19

521 kilos of crystal meth on a 1986 Learjet 55B, a rise in rogue pilot incidents on the flight deck, and Fortune taking another swing at business aviation. This week Jessie and Preston break down the Meth Jet bust in Laos, what the flydubai attack says about pilot mental health and cockpit security, and why bonus depreciation is no more a private jet loophole than it is a bulldozer loophole. We also look at IADA's tougher Certified Aircraft Broker program and the latest expedition hoping to find Amelia Earhart's Electra on Nikumaroro.

Chapters
00:00 Welcome to The VIP Seat
00:12 Meth Jet: 521 kg on an N-registered Learjet in Laos
07:04 Mile High Madness, presented by Wingform
09:42 Get your hat for NBAA-BACE
10:20 Rogue pilots and the threat on the flight deck
15:04 Fortune gets bizav wrong again
23:06 IADA raises the bar for aircraft brokers
27:50 The search for Amelia Earhart's Electra
30:58 See you at NBAA-BACE

Thanks to our sponsors
AB Jets: Argus Platinum-rated charter with a fleet of Challenger 3500s and Learjet 60s
Wingform: presenting sponsor of Mile High Madness
RealJet: aircraft brokerage built on real people and real conversations

Shop the hats: thevipseat.shop
More episodes: www.thevipseat.com

See us at NBAA-BACE next week. Say hi, grab a selfie and tag us on LinkedIn or Instagram.

#BusinessAviation #PrivateJets #NBAA #BizAv #AviationPodcast

Catheters to Private Jets: Flyte Aviation’s Wild Pivot07 oct. 202600:30:29

What do private jets and catheters have in common? Apparently, a publicly traded parent company.

This week on The VIP Seat, Jessie Naor and Preston Holland unpack Catheter Precision’s rebrand as Flyte Aviation, trading under VJET on the NYSE American—and the unusual combination of private aviation and cardiac technology. Then, they tackle Kissimmee’s proposed camera-based landing-fee system, the legal fight over delivery drones, and Global Jet Capital’s forecast for $247 billion in business-jet transactions through 2030.

In this episode:

  • Flyte Aviation, formerly Flewber, and its public-market pivot.
  • Airport cameras, ADS-B restrictions and the landing-fee debate.
  • Fifteen states and Harris County challenge the FAA’s drone-delivery environmental review.
  • Why heavier jets are expected to lead transaction growth.
  • AOPA’s announcement that it was leaving X—and the online reaction.
  • A helicopter, a limousine and a very questionable stunt.
  • Confirmed information about the tragic Bermuda-to-Boston air ambulance accident, without speculation about its cause.

Update: After this episode was recorded, AOPA reversed its decision to leave X and said it would keep its account active.

Thank you to AB Jets and RealJet for sponsoring this episode.

Subscribe to The VIP Seat for business aviation news, industry analysis and candid conversations. Share this episode with someone in aviation, and leave a review wherever you listen.

#BusinessAviation #PrivateJets #TheVIPSeat

Citation Single-Pilot Exemption, OneFlight and ExcelAire Challenges30 sept. 202600:31:30

The FAA has ended the single-pilot exemption pathway for several legacy Cessna Citation models, creating an immediate operational and economic issue for affected aircraft owners, contract pilots and charter operators.

In this episode of The VIP Seat, Jessie Naor and Preston Holland break down what the FAA’s move actually means for Citation II, Bravo, V, Ultra, Encore and Encore+ operators and why the CE-525 CitationJet family is not affected. They discuss the agency’s safety rationale, allegations of noncompliance in the exemption ecosystem, the impact on staffing and operating costs, and the possible implications for aircraft values.

Also in this episode:

  • FAA proposes a $260,868 civil penalty against ExcelAire over alleged unauthorized charter operations.
  • OneFlight faces growing scrutiny and multiple lawsuits, raising bigger questions about jet cards, prepaid charter funds, escrow and customer due diligence.
  • FAA mechanic certificate issuance reaches a record level, while aviation maintenance employers still confront a long-term talent pipeline challenge.
  • FAA proposes changes to high-altitude oxygen-mask rules for Part 91 and Part 135 operations.
  • The Pilatus PC-12 PRO receives FAA and EASA approval for Garmin Safety Autoland.
  • Mile High Madness: private-aviation social media, FBO confusion and the week’s strangest aviation moments.

The big takeaway: whether you are buying a jet card, booking charter, owning a legacy Citation, hiring a contract pilot or evaluating an operator, due diligence matters more than ever.

Subscribe to The VIP Seat for weekly conversations on private aviation, business jets, aircraft ownership, safety, charter, fractional aviation and the business behind flying private.

Canada Bonus Depreciation, HondaJet Echelon Slip, and Steve Varsano Says the Calls Are Real23 sept. 202600:33:46

Are Steve Varsano's viral phone calls real or staged? We finally asked. In part two of our conversation, recorded live from the A319 cabin mockup at The Jet Business in London, Flexjet Chairman Kenn Ricci and Steve Varsano go through the deal from the buyer's side. They cover who pitched it (over lunch, of course), why Kenn calls it 80% acqui-hire, how Flexjet plans to move 30–50 pre-owned aircraft a year, and Kenn's three types of M&A deals, including the two he never wants to do again.

First, the news. Canada joins the bonus depreciation club with PM Carney's Productivity Mega Deduction, covering both new and pre-owned aircraft. The HondaJet Echelon slips again, with first flight in 2028 and deliveries in 2031, and we ask whether it's the engines. We also ring the M&A gong for Derek Johnson and Mach One Aviation joining Citadel Aviation. Plus Mile High Madness: a social media aviation-investment pitch that earns a hat, and a helicopter giving birth.

Thanks to our sponsors: AB Jets, RealJet, and Wingform

Subscribe to the newsletter at https://www.thevipseat.com for the weekly Mile High Madness links and more.

Kenn Ricci Says the Private Aviation Industry is No Longer Aligned17 sept. 202600:25:38

Is private aviation really one industry anymore?

In this special edition of The VIP Seat, Kenn Ricci argues that the interests of charter operators, aircraft manufacturers and FBOs are increasingly pulling in different directions — while the organizations lobbying Washington have traditionally tried to represent them all.

Kenn gets into why airlines have access to a robust market for PMA replacement parts while business aviation operators face far fewer options, including manufacturers’ reluctance to provide the technical data needed to develop alternatives. He also takes aim at soaring FBO landing, handling and special-event fees — costs that ultimately hit operators and their customers.

For large companies, those pressures may be manageable. For smaller charter operators, Ken argues they’re making an already difficult business even harder to compete in.

His bigger question: when manufacturers, FBOs and operators have competing economic interests, who is actually standing up solely for the operator?

One Priester, OneFlight Questions, and Flexjet’s London Bet16 sept. 202600:30:19

This week on The VIP Seat, we unpack who is gaining control across business aviation—from airport policy and FBO economics to charter platforms, premium terminals, and cockpit safety culture.

Chris Rocheleau is leaving NBAA to lead Airports Council International–North America, putting a former FAA leader at the helm of the organization representing airport operators across the U.S. and Canada. We look at why that move matters for airport access, infrastructure, FBO power, fees, and the future relationship between airports and business aviation. Rocheleau is set to become ACI-NA president and CEO on October 5, succeeding longtime leader Kevin Burke.

We also break down Priester Aviation’s “One Priester” rebrand and what it really says about the company’s acquisition strategy. With Mayo Aviation, Hill Private Aviation, Omni Air Transport, Elite Jets, and MaxAir now inside the broader platform, is this simply a brand consolidation—or a push to own more of the client journey from jet card to charter to aircraft management?

Then, OneFlight’s story gets more complicated. We discuss reports of financial and operational pressure, questions around operator payments, the company’s aggressive growth and marketing strategy, its short-lived surcharge, and why a jet-card company’s ability to deliver promised lift is ultimately a balance-sheet question.

We were also on site at Farnborough for Flexjet’s new $34 million private terminal—the company’s first dedicated facility outside North America. More than a lounge, it is a statement about global fractional growth, customer experience, training, maintenance, and who controls the private-aviation journey on the ground.

Finally, we examine the Nicholas Air whistleblower case and what AIR21 protections actually mean for pilots and other aviation workers. When a crewmember raises a reasonable safety concern, where does legal protection begin—and where are its limits?

In this episode:

  • Chris Rocheleau’s move from NBAA to ACI-NA
  • Airport influence, FBO consolidation, fees, leases, and access
  • Priester Aviation’s rebrand and completed acquisition roll-up
  • OneFlight’s financial and operational questions
  • Flexjet’s Farnborough terminal and global fractional strategy
  • Why pilots receive whistleblower protections under AIR21
  • The difference between a safety culture statement and a safety culture in practice

Thank you to our sponsors AB Jets, REAL Jet, and Wingform for making this show possible as well as Wingform

Trump Targets Bombardier, Honda Backs Thrive & L.A. County Hunts Private Jet Taxes09 sept. 202600:30:02

Trump is taking aim at Bombardier again—threatening to stop the Canadian manufacturer from selling aircraft in the United States unless it builds more of them on U.S. soil. But is this a real policy move, another tariff negotiating tactic, or both? And what could it mean for Global and Challenger buyers, fractional operators, delivery customers, and the wider business-aviation supply chain?

This week on The VIP Seat, Jessie and Preston break down:

  • Trump’s latest Bombardier threat and why calling it an enacted “tariff” may be premature
  • Bombardier’s U.S. manufacturing footprint, including Global 7500 wing production in Texas
  • Grant Cardone’s $80 million, “no tariffs” Global 7500 sales pitch
  • Honda Aircraft subsidiary Arulean Air’s minority investment in Thrive Aviation
  • Thrive’s new fractional program featuring HondaJet HA-420s and Challenger 3500s
  • Whether a disciplined VLJ fractional model can actually work—and why the charter/fractional balance matters
  • Bernie Ecclestone reportedly being detained in Portugal after a shotgun was found aboard his private jet
  • The international-trip lesson: firearms, permits, customs, crew coordination, and why “last-minute” does not mean “skip the paperwork”
  • Treasury declining senators’ request to change SIFL valuation rules for personal use of employer-provided aircraft
  • Why politicians can potentially be subject to SIFL too—but campaign flights, government flights, and personal fringe-benefit flights are not the same thing
  • L.A. County’s push to assess property taxes on aircraft tied to celebrities, billionaires, and high-net-worth owners
  • What aircraft situs-tax enforcement could mean for owners, management companies, and privacy

Private aviation remains an easy political target, but the real-world issues are more complicated: U.S. manufacturing jobs, cross-border supply chains, fleet planning, tax compliance, aircraft location records, and the practical need for private aviation as a business tool.

This episode is commentary, not legal, tax, customs, firearms, or operational advice. Consult qualified advisers, your operator, and trip-support professionals for guidance on a specific transaction or trip.

Thanks to this week’s sponsors:

AB Jets — for Starlink-equipped Challenger 3500 charter and supplemental lift.
RealJet — for experienced, human-led international trip support and operational coordination.

Subscribe to The VIP Seat, leave us a five-star review on Apple Podcasts or Spotify, and sign up for the newsletter at The VIP Seat.

#PrivateAviation #BusinessAviation #Bombardier #TrumpTariffs #HondaJet #Challenger3500 #FractionalOwnership #SIFL #PrivateJetTax #AviationNews

Vista Global's $10B IPO Pitch, Atlantic Aviation Sells Again02 sept. 202600:35:32

Vista Global is reportedly eyeing a European IPO that could raise over $1 billion at a valuation north of $10 billion, and Jessie and Preston break down what that means against a $600 million RRJ Capital investment, looming 2027 debt, and how Vista's 2025 flight hours stack up against NetJets and Flexjet. From there, Apollo's new stake in Atlantic Aviation values the FBO chain at nearly $10 billion, just five years after KKR bought it from Macquarie for $4.475 billion, and the hosts connect that to a Senate letter pressing the FAA on private equity's growing role in aviation maintenance and consolidation. Then it's OneFlight International's wild same-day 35% jet card surcharge and reversal, set against its McLaren F1 and PGA Tour sponsorships, and a debate over whether flashy marketing can outrun shaky pricing. Pentastar Aviation's new autonomous wing-walking robots from Airtrek Robotics, built to cut into the $100-150 million a year the industry loses to hangar rash. Plus, we're joined by special guest Chad Gilson from Gilchrest Aviation Law to break down recent updates to Beneficial Ownership Information and it's impacts on business aircraft privacy.

Subscribe to our email newsletter companion to read even more: www.thevipseat.com

Sky Harbour CEO on Hangar Shortages, Ground Leases, and Wall Street26 août 202601:08:43

Every general aviation airport in America is owned by a city or a county, and almost none of them can afford to build you a hangar. That is not a market failure. That is the system working exactly as it was designed.

This week on The VIP Seat, Jessie and Preston sit down with Tal Kenan, Founder and CEO of Sky Harbour, the publicly traded company building hangar campuses at airports where almost nobody can get land.

Tal grew up in military aviation, spent a decade running an investment firm between Tel Aviv and New York, then bought a Beech Baron and ran head first into the same hangar shortage everyone complains about. Instead of joining the waitlist, he went and read the FAA grant assurance guidelines. What came out of that is a real estate business that takes no transient traffic, charges a serious premium, and has a waiting list at most of its campuses.

They cover:

• Why the hangar shortage is a policy artifact, not a supply and demand accident
• How FBO economics quietly guarantee more ramp and less hangar space
• What it actually takes to win a ground lease on an airport, and why PDK took six years
• Why fuel and hangar have to be priced as a single number, not two
• How tax exempt private activity bonds fixed at 4.18% underpin the entire model
• Where the bond market and the equity market disagree about what this business is worth
• What a "home base operator" is, and why the FBO world is splitting in two
• The SPAC story, the REIT question, and why he is happy being public about five days out of seven

Supply is fixed, the fleet keeps getting bigger, and nobody is building new airports. This is the conversation about what happens next.

Thanks to AB Jets and Real Jet for sponsoring this season of The VIP Seat.

Subscribe to the newsletter at thevipseat.com

Jessie Naor: flyingprivate.org | flyvizor.com
Preston Holland: prestigefinance.com | prestonholland.com

Disclosure: Sky Harbour is a publicly traded company. Jessie Naor has a small personal investment in it, which she discloses on the show. Nothing in this episode is investment advice and should be viewed for entertainment purposes only.

flyExclusive Q2 Results, LA Goes After Private Jet Tax Revenue19 août 202600:30:30

flyExclusive reported a $111 million Q2, but behind the headline are improving margins, positive adjusted EBITDA, a complicated capital structure, and a $5 million loan carrying a stated 26.5% rate.

This week on The VIP Seat, Jessie Naor and Preston Holland break down flyExclusive’s Q2 2026 results: revenue growth, gross-margin improvement, fractional-program revenue, MRO, Jet Club activity, debt, and the related-party disclosures investors should read carefully. This is industry commentary only: not investment or financial advice.

Also in this episode:

  • SC Aviation acquires Heartland Aviation in Wisconsin
  • Atlantic introduces its Ascend operator savings program
  • LA County’s use of aircraft-tracking data in property-tax assessments
  • An Indiana farmer charged after allegedly shooting at a crop-dusting aircraft
  • Hera Flight’s reported Gulfstream G-IV runway-excursion and gear-collapse event
  • The Atlanta Plane Train runway carpet is apparently installed backwards
  • Aviation social-media nonsense, a $40 million “detailer” sale, and more

Thanks to this week’s sponsors, AB Jets and RealJet.

Subscribe for weekly private aviation news, aircraft-operations analysis, charter and fractional-market commentary, FBO economics, aviation finance, M&A, and business-aviation stories you will not find in a standard press release.

#PrivateAviation #BusinessAviation #flyExclusive #FLYX #PrivateJet #AviationNews #JetCharter #FractionalOwnership #FBO #AircraftManagement

Solairus Aviation Gets Bigger, Wheels Up Still in a Turnaround?12 août 202600:31:27

Is Wheels Up finally building momentum—or simply burning more runway? We break down their latest financial release (not financial advice!).

This week, we battle it out over the Wheels Up Q2 results. The fleet transition is done early, the premium operation is more reliable, and management has put a 70-plus-hour utility target on the board. But cash burn, debt, deferred revenue and Delta support remain the real pressure points.

We also break down Solairus and Clay Lacy's deal, NetJets’ jet-card pause, Chris Rocheleau’s return to NBAA, Real Jet's Crytpo.com news, FAA cannabis research, and a little AI-slop-induced madness.

Inside the Mind of a Jet Owner: XplusLuxe on What Operators Get Wrong With Private Fliers05 août 202601:11:18

An anonymous, but infamous, aircraft owner known as XPlusLuxe joins The VIP Seat Podcast for one of our most fascinating conversations yet.

Known online for his legendary aircraft collection and viral aviation content, “Mr. T” shares what he’s learned after building a fleet of private jets—and why he believes most owners, operators, and even manufacturers misunderstand the economics of business aviation.

In this exclusive interview we discuss:

✈️ How a hedge fund manager became obsessed with private aviation
📊 Why data—not emotion—should drive aircraft purchases
💰 The hidden costs of aircraft ownership and management
🛩️ Citation X+ Versus Everything Else
📈 Why most Part 135 operators leave money on the table
🔧 The importance of maintenance (MX) over almost everything else
🚀 Speed, fuel burn, Starlink, AI, and the future of business aviation
💼 Can charter companies actually become great businesses?
📉 The biggest mistakes aircraft owners make

If you’re interested in private jets, business aviation, Part 135 charter, aircraft ownership, fleet strategy, aviation investing, Gulfstream, Bombardier, Textron, NetJets, Flexjet, or private aviation economics, this episode is packed with insights you won’t hear anywhere else.

🎙️ Hosted by Jessie Naor and Preston Holland.

👍 Like, subscribe, and turn on notifications for more conversations with the people shaping private aviation.

#PrivateJets #BusinessAviation #CitationX #Gulfstream #Bombardier #PrivateJet #Part135 #NetJets #Flexjet #Aviation #AircraftOwnership #CorporateAviation #TheVIPSeat

$3B Bombardier Order, NYC Helicopter Bird Strike?29 juil. 202600:31:54

Saudi Arabia’s The Helicopter Company, backed by the PIF, signs a Farnborough LOI with Bombardier for a firm order of 12 Challenger and Global jets plus options that could take the deal to around $2.8–3B and up to 60 aircraft. We break down FlyExclusive’s latest Jet Club press release, with record flight hours, an average $190K deposit per new member, and a 32% year‑over‑year jump in May deposits—and ask whether those prepaid hours will translate into profitable margins when earnings drop. Jessie and Preston unpack new NTSB documents on the Hudson River sightseeing helicopter crash, where Smithsonian feather lab analysis points to multiple large bird strikes, including Canada geese, as a likely driver of the in‑flight breakup. We hit Dassault’s latest Falcon 10X certification delay and what it means in the arms race against Gulfstream and Bombardier, dive into the FAA’s new Mobile Clearance system that lets GA and bizav pilots pull IFR departure clearances via ForeFlight/Garmin instead of phones and radios, and revisit the long‑running fight over crew rest and duty rules for cargo and Part 135. Plus: Mile High Madness with “Chad” flying to Nantucket on a PC‑12, Detailer Guy, and why cheap gimmicks and influencer‑bait content are hurting the industry’s credibility.

Seized Cessna in the Supreme Court, World Cup Business Aviation Miles22 juil. 202600:35:55

This week, Preston joins live from EAA AirVenture Oshkosh with news on Emily Deaton's move to NBAA and show updates. Then: a 14-year-old bush pilot case out of Alaska heads to the U.S. Supreme Court over a six-pack of beer and a seized Cessna, a viral air traffic control exchange reignites the cockpit-professionalism debate, and two market reports land the same week — one on the private aircraft MRO boom, one on the ultra-wealthy buyers reshaping the business jet market. Plus: Textron's new Pipistrel Voyager trainer arrives right as the FAA's MOSAIC rule takes effect, Gianni Infantino's Gulfstream G650 racks up more miles than most fleets fly in a year, and Preston explains how he ended up quoted — and slightly cornered — in a story about AI wealth flooding into private aviation.

Elonomics at FL450: Starlink’s Sticker Shock and Embraer’s New Phenom15 juil. 202600:30:24

This week’s episode of The VIP Seat hits all the major pressure points in business aviation: connectivity, new aircraft, regulation, legal risk, and AI‑driven fraud. Jessie and Preston start with Starlink’s latest aviation pricing changes, breaking down “Elonomics” at altitude—regional Aviation Unlimited rising to $12,500 per month with a 500 Mbps cap, the 25 GB plan doubling from $2,000 to $4,000, and a worldwide 1 Gbps unlimited tier now at $20,000 per month. They walk through what this means for new Gulfstreams, charter fleets, and other private jets that already require $300,000–$500,000 of Starlink hardware, and why some operators’ annual Wi‑Fi bills could approach 10% of the airplane’s value.

On the hardware side, Embraer’s new Phenom 300EV takes center stage. The episode covers Autoland for single‑pilot and owner‑flown operations, the multi‑purpose electronic controller (MEC) that brings rudder‑by‑wire and auto‑brake into a fly‑by‑wire system, cabin refinements including a vacuum lav, and planned LEO connectivity. Jessie and Preston dig into the roughly $13.99 million list price, long lead times into 2027, and hefty deposits and pre‑delivery payments that reshape the math for buyers weighing the Phenom 300EV against CJ4s, PC‑24s, and other light jets.

Regulatory and legal stories add more fuel. They unpack FAA vs. California over crew rest and meal‑break rules, including the Ninth Circuit’s decision extending California’s 30‑minute break requirements to flight attendants even on interstate flying, and why many aviation employers avoid basing staff in California. They also explore a lawsuit involving Peter Thiel’s husband, a Solairus‑operated flight, and allegations that a cabin cooler strike injured a flight attendant—raising questions about principal vs. management company liability and cabin safety in tight business jet interiors.

Finally, Jessie and Preston tackle a move under the Trump administration to study tariffs on aerospace products and jet engine parts in the name of national security, plus NBAA’s warning about AI‑enhanced scams targeting private jet sales, charter deals, and aviation M&A. They lay out how AI can spoof voices, emails, and texts inside multimillion‑dollar transactions, and why escrow agents, charter ops teams, MROs, and brokers need stronger authentication and training. Mile High Madness brings levity with animal rescue flights, while sponsors AB Jets and RealJet ground the conversation in the realities of operating and chartering modern business jets.

Supersonic Flight Returns, Airport Expansion Blocked by Nudists08 juil. 202600:25:46

This week on The VIP Seat, we’re covering one of the strangest weeks in aviation news yet.

The FAA moves one step closer to allowing civilian supersonic flight over the United States, and what that could mean for Boom Supersonic and the future of business aviation.

Plus:

  • Canada’s bizarre battle between Billy Bishop Airport expansion and a historic nudist beach.
  • China grounds virtually all general aviation around Beijing after a small aircraft crashes into a skyscraper.
  • Inside the Sun Valley billionaires conference, where hundreds of Gulfstreams, Globals and Falcons descend on Idaho.
  • A Delta airliner is struck by fireworks during Fourth of July celebrations.
  • Jared Isaacman flies for Freedom 250 in his F-5 despite FAA objections.
  • A hard Hudson River landing involving a Blade-booked Kodiak 100 seaplane.
  • Why Part 145 repair stations are becoming one of the hottest M&A sectors in aviation.

Plus another round of Mile High Madness, including a barefoot helicopter pilot landing on a fishing vessel.

Subscribe for weekly business aviation news, private aviation analysis, safety insights, and industry commentary.

Sponsored by AB Jets & RealJet

#BusinessAviation #PrivateJets #BoomSupersonic #FAA #AviationNews #BillyBishop #SunValley #Kodiak100 #GeneralAviation #TheVIPSeat

Flexjet's Exclusive Gulfstreams, AirSprint Sells to PE & Jet Engine Lawsuits Heat Up01 juil. 202600:41:22

This week on The VIP Seat, Jessie and Preston break down the biggest stories in business aviation — from Wheels Up becoming the launch customer for Surf Air’s AI-powered SurfOS platform to the growing race for the private aviation software layer.

They also ring the Canadian M&A Gong for AirSprint’s private equity deal, unpack ATI Jet/JetVia’s lawsuit against Pratt & Whitney over engine program delays, and discuss new safety concerns from slacklines and drones creating risks for pilots.

Plus, Kennedy Ricci of 4AIR joins the show to explain CORSIA, the international aviation emissions framework, why compliance is becoming more important, and what business jet operators need to know before the next major deadline.

Finally, Jessie and Preston discuss Flexjet’s Gulfstream G500 announcement, the future of the G650/G700 fleet strategy, and why Gulfstream exclusivity matters in fractional aviation.

business aviation, private aviation, Wheels Up, Surf Air OS, SurfOS, private jet AI, aviation software, AirSprint, private equity aviation, fractional aviation, ATI Jet lawsuit, JetVia Pratt Whitney, engine program lawsuit, CORSIA, sustainability, aviation emissions, 4AIR, Kennedy Ricci, Flexjet Gulfstream G500, Gulfstream G700, private jet safety, drone strikes aviation, emissions compliance, carbon offsetting

Air Force One Retires, NetJets Faces Tragedy & AirShare Goes Viral24 juin 202600:38:00

This week on The VIP Seat, Jessie Naor and Preston Holland break down a packed week in business aviation.

We start with Global Jet Capital’s $659 million aircraft-backed securitization and why Fortune 500 companies use operating leases for corporate jets. Then AirShare CEO John Owen joins us for a special Mile High Madness segment after the company went viral offering to fly Freddy to a World Cup match on a private jet.

We also discuss the retirement of one of the classic Air Force One 747-200s, the controversy surrounding the Qatari 747-8, and Boeing’s delays on the next presidential aircraft.

In safety news, we cover NetJets’ first fatal accident, the industry’s reaction, and why everyone is waiting for the NTSB’s findings. Jessie also explains the first confirmed NTSB preliminary report involving GPS jamming in a fatal medevac crash.

Plus: the American pilot finally home after being detained in Guinea, Magellan Jets’ M&A strategy, charter brokerage consolidation, and why gross marketplace value is not the same thing as revenue.

Topics include:
-Global Jet Capital aircraft securitization
-AirShare’s viral Freddy World Cup offer
-Air Force One 747 retirement
-Qatari 747-8 presidential aircraft controversy
-NetJets fatal accident
-GPS jamming and aviation safety
-Pilot detained in Guinea returns home
-Magellan Jets M&A strategy
-Charter brokerage consolidation
-Private aviation finance and safety news

Steve Varsano Joins Flexjet, FlyHouse Reshuffles & AeroVanti Founder Convicted17 juin 202600:33:58

This week on The VIP Seat, Jessie Naor and Preston Holland unpack a packed week of private aviation headlines. FlyHouse announces a leadership change, raising new questions about its ambitious “Uber for private jets” strategy. NetJets files for an exemption to extend certain crew duty limits, sparking a bigger conversation about fatigue, rest rules, and whether safety practices should be shared across the industry.

Plus, Cirrus faces federal restrictions tied to Chinese ownership, AeroVanti’s founder is convicted in a major wire fraud case, Steve Varsano sells The Jet Business to Flexjet/Directional Capital, and Mile High Madness brings mini cows on a private jet and PE guy comedy to the cabin.

Kenny Dichter on Billion Dollar Revenues, Leaving Wheels Up, and Keeping it REAL10 juin 202601:01:20

This interview with Kenny Dichter and Robert Withers of REAL Jet covers the founding of Marquis Jet, the success of Avion Tequila, the experience with capital markets, the growth of Wheels Up, and the impact of going public on the industry. It also highlights the importance of authentic conversations and the journey to becoming a billion-dollar company.

The conversation delves into the challenges faced during COVID, lessons learned, and the evolving landscape of the aviation industry. It also explores the transition from Wheels Up to RealJet, the vision for RealJet and Real SLX, and the unique hospitality model of RealJet. The synergy of REALJet, REAL SLX, and REAL come from learnings at Wheels Up.

Takeaways

  • Authentic conversations are what drive our industry forward
  • Success in the private aviation industry requires strategic partnerships and innovative business models. Adaptability and resilience are crucial in navigating challenges in the aviation industry.
  • Safety, trust, and quality are essential components of a successful aviation business.

Chapters

  • 00:00 RealJet Sponsorship
  • 05:21 Founding of Marquis Jet
  • 10:54 Success of Avion Tequila
  • 17:56 Growth of Wheels Up
  • 23:13 Journey to a Billion Dollar Company
  • 28:47 Going Public and Industry Impact
  • 34:12 Lessons Learned in Challenging Times
  • 40:07 Safety and Trust in Aviation
  • 45:25 The Vision for RealJet and Real SLX
  • 53:28 RealJet's Unique Hospitality Model
  • 01:00:45 Encouragement for the Future of Aviation

Thanks to AB Jets and REALJET for sponsoring this week's episode of The VIP Seat!

Check out our newsletter at The VIP Seat.

Biffle Crash Litigation: Pilot Liability, LLCs & Aviation Insurance Gaps03 juin 202600:41:41

Aviation attorney Joe LoRusso joins Jessie Naor and Preston Holland to explain the lawsuits following the Greg Biffle aircraft crash, including aircraft LLC liability, pilot qualification issues, insurance coverage questions, operational control, and why litigation often begins long before an NTSB final report is released.

The episode also covers responsible crash commentary, underinsurance in private aviation, Flexjet’s win against the IRS over federal excise tax, the GAO’s eVTOL infrastructure report, V2 Jets’ acquisition of Corporate Aviation, and the possible sale of ICE’s Gulfstream G700s.

Thank you to AB Jets and RealJet for sponsoring this week’s episode.

Berkshire’s Delta Stake, Wheels Up’s Future27 mai 202600:28:20

Berkshire Hathaway has disclosed a major stake in Delta Air Lines — but with Delta now deeply tied to Wheels Up, what does that mean for private aviation, premium travel, and NetJets?

This week on The VIP Seat, Jessie Naor and Preston Holland break down Berkshire’s Delta investment, Delta’s continued commitment to Wheels Up, and the growing connection between airline premium cabins and private jet customers. They also discuss the NTSB’s decision to shut down safety dockets after AI tools were used to reconstruct cockpit voice recorder audio from spectrograms, raising major questions about privacy, accident investigation data, and public access.

Plus: the FAA’s new Modern Skies air traffic control modernization dashboard, NASA’s moon base ambitions, seaplane bases as aviation infrastructure, and the debut of Captain Keyboard, where Jessie and Preston rate their meanest internet comments like turbulence.

Mamdani coming for private jets? FAA Cuts Controller Positions20 mai 202600:26:48

Private jets under attack in New York?! Not so fast.

This week on The VIP Seat, Jessie and Preston break down a viral headline claiming NYC’s new mayor is coming after private aviation and why the reality is a lot more complicated (and a lot more political). From Port Authority power plays to sponsored “journalism,” they separate fact from fear.

Plus:

  • The truth behind shocking headlines about pilots and drugs (it’s not what you think)
  • Trump’s White House helipad plans and what it says about aviation in politics
  • Spirit Airlines chaos: repositioning aircraft, lessor headaches, and what happens next
  • FAA cutting air traffic controller targets… during a shortage?
  • And in Mile High Madness: sunscreen lobsters, ferry pilots, and aviation internet gold

If you care about business aviation, policy, and the stories shaping the industry, this is the episode you don’t want to miss.

Subscribe for weekly aviation insights, industry breakdowns, and unfiltered analysis.

Listen on Spotify, Apple, or wherever you get your podcasts.

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Sponsored by AB Jets: premium charter without the ownership headaches...

ATG Not Dead Yet, FlyExclusive’s “Positive” EBITDA & Apocalypse Private Jet Tracker13 mai 202600:35:19

From Gogo’s latest ATG whiplash to the world’s first piloted hydrogen‑electric helicopter circuit, this week’s VIP Seat is packed with the stories insiders are actually talking about. In this episode, Jessie Naor and Preston Holland break down the most important—and the strangest—moves in business aviation right now, with their usual mix of data, operator reality, and memes.

We start with Gogo’s 5G saga and the surprise six‑month reprieve for legacy ATG users. After years of delays, chip and software issues, and shifting launch timelines, Gogo’s next‑gen network is supposed to be ready for prime time, but a last‑minute software problem has pushed the full conversion again, and the FCC has allowed classic ATG to stay on until November. Jessie and Preston talk about what this means for operators who scheduled downtime, paid for upgrades, and now feel like they’ve been jerked around—plus why Starlink‑equipped fleets like ABJets suddenly look very smart.

FlyExclusive has finally turned the adjusted EBITDA corner while still relying on some non‑cash fleet‑modernization add‑backs, and the team digs into what that actually tells you about the business versus the headline “we’re positive now” story. They look at revenue mix shifts away from pure wholesale charter, why uptime and aircraft choice (CJ3+, XLS, Challenger) show up directly in contribution margin, and how moving to more fractional and managed structures is changing the economics.

Then it’s over to Wheels Up and its ongoing turnaround. The hosts unpack the latest from Delta‑backed financing, new mezzanine capital, and a fleet reshuffle away from aging Hawker 400XPs and Citation Xs toward Phenom 300s and Challenger 300/350s. They talk about what 10% gross bookings growth really means when you’re still burning cash, why on‑time performance is a meaningless KPI in private aviation, and how the new ability to use Wheels Up funds to book Delta flights inside the app might help chip away at that giant prepaid liability balance.

On the OEM side, it’s a very different story. Embraer is battling US tariffs that are squeezing margins even as its backlog remains strong, while Gulfstream posts higher revenue, more deliveries, and a big jump in services income for both Gulfstream and Jet Aviation. Bombardier continues to ride a huge order book and refinance older debt on better terms. The hosts discuss whether OEMs are forgetting what a downturn feels like—pulling back from trade shows, refusing to deal much on price—and what that means for operators who need the OEMs as partners when the cycle turns.

If you live in business aviation—operator, broker, OEM, financier, or just a hardcore airplane nerd—this episode gives you a fast but deep scan of everything that matters this week: connectivity drama, earnings quality, real market sentiment, future propulsion, safety data gaps, and the memes that keep us all sane.

Aviation News Mega Show: Spirit Collapse, Piaggio Return, Wifi Wars06 mai 202600:32:45

Spirit Airlines’ big yellow buses have officially been parked for good, and this week we unpack what its bankruptcy and shutdown really mean for fares, competition, and consumers in key markets like Fort Lauderdale, Newark, and beyond. Jessie and Preston wrestle with the bailout question, government intervention in failed mergers, and whether killing the Frontier and JetBlue deals helped set Spirit up for failure. They also share their own very mixed experiences on Spirit’s “big front seat” and what the loss of an ultra-low-cost carrier does to ticket prices on the majors.

From there, the conversation climbs to 43,000 feet and straight into the Wi-Fi wars, where Starlink is rapidly eating Gogo’s lunch in business aviation with significantly higher speeds and growing airline deals. Jessie breaks down the sunset of legacy Gogo ATG 4000/5000 systems, the pricey stopgap C1 box, and why many operators are eyeing next-gen satellite solutions instead of patching old air-to-ground gear. They look at Gogo’s battered share price, the Satcom acquisition, and whether the company can really compete with Starlink’s momentum, or if diversification is now its only path forward.

In Mile High Madness, the hosts roast AI-slop LinkedIn “thought leadership,” celebrate honest industry humor, and politely torch a viral clip that garbles 135 operational control and cost-sharing rules into one dangerous sound bite. They dig into why social media teams can quietly damage aviation brands when technical claims go unchecked, and why some compliance-heavy topics simply don’t belong in 30-second skits.

Then it’s on to metal and money: the Piaggio Avanti “catfish” is back as the Avanti NX under new Turkish defense-owner Baykar, and Jessie connects the dots between Piaggio’s oddball design, its Hammerhead UAV past, and a likely unmanned, AI-enabled future for the platform. Preston compares the Avanti’s performance and stall-resistant design with workhorse types like the King Air, and asks the real ramp question: is the extra capability worth being seen in aviation’s most polarizing silhouette.

On the finance side, Vista’s fresh Moody’s upgrade to B2 and new $525 million unsecured bond signal renewed confidence after a tough 2025, but leverage, integration risk, and a potential IPO still hang over the story. Jessie contrasts Vista’s bond-first growth and disciplined roll-up strategy with Wheels Up’s more chaotic public trajectory, while Preston explains—in plain English—how bond pricing, demand, and cost of capital actually work for fleet-heavy operators. They also hit GMR’s long-awaited IPO push, how the company has refocused around core medical transport and FEMA-style disaster response, and what a $5B-plus valuation says about aero-medical’s place in the broader aviation ecosystem.

Finally, the episode closes on safety with a new Airworthiness Directive impacting Challenger 604/605 engines after corrosion and hung-start concerns, and what this means for borescopes, maintenance philosophy, and the industry’s willingness to treat safety data as a shared, non-proprietary resource. Jessie and Preston tie it back to a growing corrosion conversation across business aviation, from inlet mods to pre-buy inspections, and why engine OEMs and operators need a more transparent partnership going forward.

If you want to sound smarter walking into the hangar or the office, this is your fast, brutally honest update on the week’s biggest aviation stories.

#aviation #aviationnews #businessaviation #privatejets #airlineindustry #SpiritAirlines #Starlink #Gogo #inflightwifi #VistaJet #VistaGlobal #aviationfinance #GMR #Piaggio #Avanti #MileHighMadness #NTSB #FAA #Challenger604 #Challenger605 #bizav

Hop-A-Jet on Loss, Leadership & the Challenger 604 Accident29 avr. 202601:00:36

In this episode of The VIP Seat, Jessie Naor and Preston Holland sit down with Barry Ellis, CEO of Hop-A-Jet, for an important and deeply candid conversation following the release of the NTSB final report on the February 2024 Challenger 604 accident in Naples, Florida.

Barry reflects on the loss of pilots Ed Murphy and Ian Hoffman, the extraordinary actions of the flight attendant and passengers who survived, and the difficult realities of leading an aviation company through an accident response.

The conversation also examines the NTSB’s findings, including corrosion in both engines’ variable geometry systems, near-simultaneous compressor stalls, hung-start troubleshooting, engine maintenance programs, compressor wash intervals, borescope inspections, and what Challenger 604/605/650 operators should be thinking about now.

This is not a discussion about blame or litigating responsibility. It is a conversation about lessons learned, operational responsibility, emergency response, OEM communication, and how the industry can work to prevent a tragedy like this from happening again.

NTSB Accident Information and Documents: https://data.ntsb.gov/Docket?ProjectID=193769

Topics covered include:

  • Remembering Ed Murphy and Ian Hoffman
  • The flight attendant’s lifesaving actions
  • What the crew did in the final moments
  • Emergency response planning and family notification
  • The NTSB final report and probable cause
  • CF34 engine corrosion and variable guide vane systems
  • Hung starts vs. slow starts
  • On-condition engine programs
  • Compressor washes and corrosion prevention
  • What operators, brokers, and aircraft buyers should know now

Subscribe to The VIP Seat for serious conversations, sharp analysis, and insider perspective on the business aviation industry.

Thank you to AB Jets for sponsoring this episode.

This episode is based on publicly available information, including the NTSB final report and related public materials, as well as the personal views and experiences of our guest. Nothing in this episode should be construed as a legal conclusion, finding of liability, accusation of wrongdoing, or definitive technical determination beyond the official public record. The VIP Seat, its hosts, producers, and guests do not provide legal, regulatory, maintenance, or safety advice through this content. Any opinions expressed are those of the individual speakers. Viewers should rely on the official NTSB materials and consult appropriate legal, regulatory, maintenance, or safety professionals before making decisions.

Bond Goes Big, Wheels Up Slides, and EBACE Gets Canceled22 avr. 202600:40:24

This week on The VIP Seat, Jessie and Preston break down Bond’s growing Bombardier order book, fresh Vista IPO chatter, Wheels Up’s latest reverse stock split, and what EBACE’s cancellation says about the state of business aviation events. They also dig into JetNet IQ’s shake-up, the FAA’s smart air traffic control modernization push, and a Mile High Madness segment on cheap old jets and social-media storytelling in private aviation.

Jet Fuel, War Risk, and a Family Business15 avr. 202601:00:39

In this episode of The VIP Seat, Avfuel president C.R. Sincock pulls back the curtain on how jet fuel really moves from wellhead to wing, why pipeline access and storage are the true competitive moats, and how a family-owned company scaled into a multi‑billion‑dollar “downstream aviation energy” powerhouse without selling out to private equity. We dig into the Strait of Hormuz crisis, war premiums, airline hedging, and what sustained volatility means for FBO margins, charter rates, and operators trying to budget fuel in 2026 and beyond. C.R. also shares the Avfuel origin story, the generational handoff from his father Craig, and why culture, reliability, and credit support matter more than a two‑cent spread when the market breaks.

Helicopter Scams on Everest, Atlantic Aviation’s $10 Billion Valuation08 avr. 202600:29:53

On this episode of The VIP Seat, Jessie Naor and Preston Holland discuss the alleged Nepal medevac insurance fraud scheme involving Everest trekkers, guides, doctors, and helicopter operators, and why the story matters beyond just the trekking world.

They also break down Atlantic Aviation’s reported $10 billion transaction, the FAA-industry focus on circling approach safety at airports like Teterboro and Van Nuys, the repeal of Washington state’s proposed aircraft luxury tax, and NOAA’s upgraded domestic aviation weather forecasting system.

This episode is sponsored by AB Jets.

Private Jet Summer: G650 Values Rise, World Cup Chaos Ahead01 avr. 202600:34:25

Private jet summer is almost here, and the market is already getting interesting.

This week, we bring on Greg Sydor from Guardian Jet after his viral post on the G650 market to explain why these aircraft are holding value far better than expected — and in some cases appreciating. Then we dig into a fake Delta Private Jets website, FlyExclusive’s free FMS rollout, TSA funding issues, Sam Graves’ retirement, and what operators should be watching as the Masters and World Cup put major pressure on the system.

Thanks to AB Jets for sponsoring this week’s episode.

Falcon 10X Rolls Out While AOPA Faces a Full-Blown Governance Crisis25 mars 202600:36:46

This week on The VIP Seat, Jessie and Preston break down the long-awaited Falcon 10X as Dassault’s new flagship finally moves toward test flight. They dig into what makes the aircraft stand out, where it falls short against competitors, and what Dassault’s delivery struggles may signal about priorities inside a company balancing business jets and defense.

Then they turn to the continuing AOPA leadership drama, unpacking the timeline behind the CEO exit, the board fallout, proxy backlash, and what the controversy says about trust, governance, and the future of advocacy organizations in aviation.

They also cover a little-known but important maintenance fight involving Part 145 repair stations, new FAA movement on mixed traffic and see-and-avoid, the latest tragedy tied to runway incursion risk, and why astronomers are panicking over the next generation of Starlink satellites.

A packed episode with aircraft, politics, regulation, safety, and just enough Mile High Madness. Sponsored by AB Jets

How Wall Street Sees Business Aviation with Nick Fazioli, Jefferies19 mars 202601:04:19

Business aviation has quietly become one of the most investable sectors in aerospace—but how does Wall Street actually see it?

This week on The VIP Seat, Jessie and Preston sit down with Nick Fazioli, Managing Director and Global Head of Aerospace & Aviation Investment Banking at Jefferies to break down the capital markets behind business aviation.

From the evolution of BizAv from a “cottage industry” to an institutional investment category, to the surge in private equity, charter consolidation, and infrastructure plays, this episode dives into the forces shaping the industry’s next decade.

They cover:

  • Why investors are shifting toward MRO, FBOs, and “picks and shovels” businesses
  • How aircraft values and financing impact operator strategy
  • The difference between asset-heavy and asset-light models
  • Where charter consolidation stands today—and what comes next
  • Why eVTOL funding is facing a reality check
  • And what founders need to do to attract serious capital

If you want to understand where business aviation is going, follow the money.

Jet Fuel Price Shock, Priester’s Buying Spree, AirX Earnings and Supernal Cuts11 mars 202600:35:39

Recorded at Verticon 2026, Jessie Naor and Preston Holland break down rising aviation fuel costs linked to Iran tensions, what jet fuel surcharges mean for charter operators and consumers, Priester Aviation’s latest acquisitions, FlyHouse’s expansion strategy, AirX’s year-end results, American Airlines serving boxed wine in first class, and Supernal’s major layoffs in the eVTOL sector.

From 43,000 FT: Starlink Cracks Down, FlyHouse’s $500M Valuation04 mars 202600:30:15

In this week’s episode of The VIP Seat, we take “live” to a whole new altitude — literally. Jessie and Preston record their first-ever in-person episode at 43,000 feet over Memphis aboard AB Jets’ brand-new Challenger 3500, while the flight crew spells “VIP SEAT” in the sky (yes, you can track it).

We kick things off with a breakdown of the Praetor 500/600 “E” announcement — what actually changed, what didn’t, and why the hype may have outpaced the substance. Then we get into the big story that broke mid-flight: FlyHouse heading to market at a reported $500M valuation while targeting a major raise, plus what it means for two-sided marketplaces, industry positioning, and the “Uber for private jets” storyline.

We also cover Middle East airspace disruption and what it means for business aviation ops and emergency lift, then pivot to the latest Starlink pricing and speed-based plan changes that have GA pilots heated — and why business aviation operators may quietly agree with the crackdown.

To close, we dive into one of the most unsettling stories in aviation: the counterfeit parts scandal tied to the CFM56 supply chain — how it was uncovered, why traceability is still a mess, and why this is exactly the kind of problem aviation tech (and maybe AI) should be able to solve.

Big thanks to AB Jets for sponsoring the episode — and for the wild idea to record the show at altitude. Buckle up.

Subscribe for weekly business aviation news, real industry analysis, and the stories everyone’s talking about behind the scenes.

What Wheels Up’s Adjusted EBITDA Actually Means and Why the FAA’s 135 List Problems Matter24 févr. 202600:29:29

The conversation delves into the financial reporting of Wheels Up, the challenges of analyzing aviation news, and the errors in the FAA's list of part 135 operators. It also touches on the impact of social media on industry decisions and the upcoming event by Embraer Executive Jets.

Takeaways

  • Adjusted EBITDA reporting can be misleading
  • Challenges in vetting operators due to FAA errors
  • The influence of social media on industry decisions

Chapters

  • 00:00 Wheels Up Earnings and Adjusted EBITDA
  • 05:34 Errors in FAA's List of Part 135 Operators
  • 13:15 Impact of Social Media on Industry Decisions
  • 30:05 Upcoming Event by Embraer Executive Jets
VistaJet Fleet Strategy, Guinea Pilot Arrests & Hop-A-Jet Lawsuit 18 févr. 202600:37:10

VistaJet places a massive order for 40 Bombardier Challenger 3500s (with up to 120 options) following $1.3B in financing—what it means for fleet operators, delivery slots, and the super-mid market. We break down Bombardier’s global MRO expansion, bond financing strategy, and why the Challenger 300/3500 platform continues to dominate.

Plus: two American Gulfstream pilots jailed in Guinea under severe conditions, the El Paso airspace shutdown and counter-drone confusion, Hop-A-Jet’s lawsuit following the crash, and a data-driven discussion on pilot hiring, DEI policies, and aviation safety statistics.

We also cover Jeff Bezos’ Gulfstream 650ER listing and this week’s Mile High Madness.

Business aviation news, fleet strategy, aviation safety, and industry analysis—all in one episode of The VIP Seat.

AOPA CEO is Out, Skyryse’s $300M Raise, and Super Bowl Private Jet Surge 11 févr. 202600:31:17

This week on The VIP Seat, Jessie and Preston break down the AOPA leadership shakeup (and the remote-work subplot), dig into what Skyryse’s $300M raise and $1.15B valuation could mean for helicopter safety and “flying car” reality, and react to a surprise move in the latest funding bill that blocks FAA single-pilot research. Plus: Super Bowl jet traffic hits absurd levels, FBO event fees go vertical, and Mile High Madness delivers foam-system corrosion pain… and a Shark Tank “G6” moment that made aviation Twitter collectively spit out its coffee.

Corporate Aviation Turbulence: Tariffs, FAA Shutdown, Global M&A04 févr. 202600:34:44

Private aviation is navigating uncertainty—but capital is still moving. In this episode of The VIP Seat, Jessie Naor and Preston Holland (reporting from Corporate Jet Investor London) on tariff volatility, FAA furloughs, shifting European sentiment, sustainability pressure, safety reforms, and why record global M&A activity may signal strong tailwinds for business aviation despite the noise.

Corporate Jets Brace For Bombardier Decertification Threat30 janv. 202600:20:15

In a special breaking-news edition of The VIP Seat, Jessie Naor and Preston Holland unpack President Trump’s overnight Truth Social post threatening Bombardier decertification and 50% tariffs on Canadian aircraft over stalled Gulfstream certifications. We break down what’s actually happening behind the scenes, how aircraft certification reciprocity works between the FAA, EASA, and Transport Canada, and why this move—while dramatic—fits a familiar Trump negotiation playbook. From supply-chain exposure and fractional fleet risk to the broader geopolitical context involving Canada, China, and U.S. manufacturing, this episode separates real operational risk from headline panic and explains who should be paying attention—and who shouldn’t.

Private Jet Deicing Challenges, Billion-Dollar Resolutions28 janv. 202600:34:54

A tragic Challenger accident in Maine puts winter flying under the microscope on this week’s VIP Seat. Jessie Naor and Preston Holland break down what private aviation gets wrong about de-icing—and why Part 91 and 135 operations don’t have the same guardrails as the airlines.

From holdover times and fluid limitations to the uncomfortable reality of passenger pressure in the cockpit, this episode explains why snow isn’t the real danger—human factors are. Jessie shares hard-earned insights on operational control, assertiveness, and why trusting your pilot sometimes means accepting an overnight delay.

Then things pivot to Mile High Madness: jet-set Pilates, aviation influencer chaos, and some well-earned side-eye. The episode also covers major industry news, including the Flexjet–Honeywell settlement, FAA funding on the brink amid shutdown threats, Wheels Up’s latest layoffs and sale-leasebacks, and a jaw-dropping case of fake airline credentials used to score hundreds of free flights.

Serious safety lessons, industry tea, and just enough humor to keep it real—welcome back to The VIP Seat.

600 Private Planes Deregistered, SACI Fallout and Telluride’s No-Margin Runway21 janv. 202600:39:18

This week on The VIP Seat, the internet declared aviation doom—and Jessie Naor and Preston Holland went digging for the receipts.

First up: the SACI/Southern Aircraft Consultancy frenzy. Over 600 aircraft registrations were revoked, emergency town halls popped up overnight, and owners started calling brokers asking if their trust was about to “blow up.” Jessie and Preston unpack what foreign ownership trusts actually are, why the FAA’s rules feel like they were written in 1950 (because… they kind of were), and why this story sounded bigger than it really was—especially once you look at what aircraft were actually impacted.

Then, the Telluride (KTEX) runway excursion—a high-altitude, no-margin airport that demands respect. The conversation dives into why these airports amplify small errors, how “pile-on” narratives form after incidents, and the uncomfortable reality that not everything makes it into official reporting systems.

In Mile High Madness, Jessie shares the shark-mouth livery for Dan’s incoming Kodiak 900, and Preston delivers a perfectly unhinged ForeFlight joke… right as the show pivots into the very real story: Boeing Digital Aviation Services (including Jeppesen/ForeFlight) being sold to Thoma Bravo for $10.55B, and the early chatter around layoffs, “AI,” and what that could mean for safety-critical tools pilots rely on.

Plus: a Talon Air ownership unwind inside the Vista ecosystem, and a surprisingly fascinating detour into small-country aircraft registries—San Marino, Aruba, and the private companies building them.

Buckle up. It’s one of those weeks where the headlines are loud, but the details are the story.

NASA Flying Perks, Business Jets have a Record Year13 janv. 202600:40:34

The conversation covers the expansion and major moves in the private aviation industry, including Bond's acquisition of a 135 charter certificate and its fractional ownership strategy. It also delves into controversial job posts, stock claims, and NASA's employee perks, shedding light on the challenges and developments in the industry. The conversation covers a range of topics including space travel, NTSB's address of stall testing issues, Monarch Air Group's lawsuit against Blade Urban Air Mobility, a record year for business jet departures, and challenges in the business aviation maintenance industry.

Takeaways

  • Private aviation industry expansion
  • Challenges in the private aviation industry NTSB's address of stall testing issues for Hawker operators
  • Challenges in the business aviation maintenance industry
  • Record year for business jet departures

Autoland, Autocrats, and Aviation Chaos: Business Aviation Kicks Off 202606 janv. 202600:34:39

In this episode, Jessie Naor and Preston Holland discuss the latest happenings in the aviation industry, including the chaos caused by the capture of Maduro, the bankruptcy of Jet It, and the implications of the Garmin Autoland technology. They also touch on regulatory changes with the Rotor Act and the ongoing legal battle between Wheels Up and Fly Exclusive. The conversation highlights the challenges and innovations within the business aviation sector as they welcome the new year.

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