Letter from the publishers.Dear Readers: We are pleased to introduce "Private Aviation--A Business Guide for the Executive Traveler." The publication of this magazine is a joint effort between the Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Business Journal and the San Fernando Valley San Fernando Valley Valley, southern California, U.S. Northwest of central Los Angeles, the valley is bounded by the San Gabriel, Santa Susana, and Santa Monica mountains and the Simi Hills. Business Journal to showcase the exciting world of private aviation. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the National Business Aviation Association, companies operating business aircraft in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. has grown by more than 50 percent during the past 10 years. Charter activity has increased by 30 percent and fractional ownership In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. grew by 52 percent. Clearly, this is an industry that's here to stay and the Los Angeles region has one of the most vibrant private aviation industries in the world. The articles in these pages will guide you through the complexities of aviation including private jet ownership, charter services and fractional fractional size expressed as a relative part of a unit. fractional catabolic rate the percentage of an available pool of body component, e.g. protein, iron, which is replaced, transferred or lost per unit of time. jet programs. You'll also learn how to compare private aviation options based on your travel needs and their associated legal and tax implications. We thank Clay Lacy and our other advertisers for helping to launch our inaugural magazine. And, thank you to Steve Hofer of Bailey & Partners for his invaluable advice and guidance. Please take a moment to read about the exciting world of private aviation. You'll see just how convenient traveling by private aircraft can be. Sincerely, Matt Toledo Publisher Los Angeles Business Journal Pegi Matsuda Publisher San Fernando Valley Business Journal LOS ANGELES BUSINESS JOURNAL 5700 Wilshire Blvd., Suite 170 Los Angeles, CA 90036 323-549-5215 SAN FERNANDO VALLEY BUSINESS JOURNAL 21600 Oxnard St., Suite 250 Woodland Hills, CA 91367 818-676-1750 |
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