Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

According to an analysis released this week by UK-based charter firm Hangar8 Aviation, a 28-percent year-over-year rise in sales of London properties worth more than £5 million last year is fueling demand for private jets because overseas buyers are purchasing many of these properties. Hangar8 said the number of business flights into London’s busiest business aircraft airports increased 6 percent year-over-year in the first quarter, which equates to approximately 300 additional flights. It estimates that there are approximately 172 large-cabin business jets registered in the UK, which is 15 percent of the total in Europe.

Hangar8: High-value London Property Sales Driving Business Jet Demand

The number of business flights into London’s busiest business aircraft airports increased 6 percent year-over-year in the first quarter.

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