Lease

July 24, 2012 - 1:13pm

Judge Patrick Brady of the Massachusetts Superior Court in Norfolk County last month denied the arguments in a lawsuit by Boston Air Charter (BAC) challenging the rulings made by the town of Norwood and its airport commission.

April 27, 2011 - 6:20am

Avantair now offers leasing of fractional shares of Piaggio Avanti turboprops. The new Axis lease program allows buyers to lease a share of a fractional Avanti; this is a true lease, not a block-charter program.

July 23, 2007 - 10:43am

When officials at Los Angeles World Airports awarded a contract for a leasehold at Van Nuys Airport (VNY), some of the seven losing bidders cried foul. The winner, Castle & Cooke, is backed by billionaire David Murdock, and the protesters claim it was his support of Los Angeles mayor James Hahn that secured the deal.

March 28, 2007 - 12:26pm

Last month, fractional provider Bombardier Flexjet announced a program for substituting a finance lease for the acquisition payment of a fractional share. Under the “Jet Rich Quick” program, customers pay no money down and a fixed monthly payment for the lease, which could involve a term of two or four years. They also pay the regular monthly management fee and the hourly occupied fee for time flown.

 
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