reply to post by ZIVONIC
ZIVONIC,
If it were all about the practicality and cost Mr Lear would never have developed his now famous biz jet. It isn't really cost effective for a senior
executive, or anyone else for that matter to fly in first class but they do it. For the uber rich it isn't always about meetings or even about time,
it's about having something that nobody else does. There is no practical or cost effective argument on earth to justify having a large VIP/VVIP jet
but that hasn't stopped Airbus and Boeing from selling custom built versions of the A380 and 747 to rich Arabs and Russian oligarchs, both of which
cost many more times the $80 million being touted here. As I already said, people who are building intercontinental range business jets in the same
size as the Hypermach concept cant crank them out the door fast enough.
I therefore find your relatives stance on corporate jets curious. It may be that the business they were in just couldn't justify them and that
airline travel would suffice. It may have been a reaction to the risk averse, tight money, bad corporate image times that US business is going through
(remember the Automotive bosses who fronted up to Washington cap in hand for loans in their Gulfstream's and Citation's? That image didn't go down
so well with the Government or the man in the street). Or it could be that what they were looking at is the "why own the whole thing when you can use
fractional ownership?" argument.
As for holographic meetings in 10 years, well I have been hearing that one for about 30. It will happen and we can video teleconference now but there
is no substitute for one on one meetings. I dont see that changing for a very long time to come.
At the end of the day people want something new and if they have the money they will pay for it. Especially the opportunity to travel 3 and a half
times faster than we can now. That is precisely why corporate jet manufacturers have been pushing there designs cruise and max speed virtually to Mach
1, people want that.
LEE.