Aviation. Finance. Investments. Personal Productivity. Start-ups. Traveling. | 🇲🇹 🇪🇪

Malta
Joined October 2009
some self-promotion: @claylacy -the world's most experienced operator of private jets- is now running on @FL3XX! fl3xx.com/blog/clay-lacy-imp…
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If govts don't like what you say, they dismiss it by stamping it disinformation, fake news or hate speech. Next stage 👉🏻 they will shut down your Internet. Can't it happen in our "prosperous", "advanced", "democratic" part of the world? ... I'm not naïve tinyurl.com/y33hy75w
If by the end of 2021 the YOY CPI is up by 5% (meaning actual consumer prices rose by much more) the Fed will need to raise the Fed Funds rate to at least 7% to try to bring the official rate back down to 2%. We get a financial crisis if it does or a dollar crises if it doesn't.
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Simon Riha retweeted
3.6m bizav flts in 2020, 19% of all FW activity, -24% vs 2019. Sched Airlines down >50% vs 2019. Sched cargo +5%. For Bizjets, Europe worst affected, -25%, US -23%. UK -37%, Turkey -1%. Globally, resilience in LJ, EG Phenom 300 -12%. Charter operators did best, -17% this yr vs 19
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We are ready to chat with you to learn more about your operations and discuss how @FL3XX and @StellarAero Labs, Inc. can help manage, optimize, and grow your business. Find us in the Flight Planning & Operations & New Product Showcase Hall lnkd.in/e98qmDi #VBACE #bizav
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Don’t ignore the world we’re living in. Plan for it. sovereignman.com/trends/dont… via @thesovereignman
tab-virtual.heysummit.com/# Join TAB Virtual to watch my demos and learn something new about cool app integrations. There are 4 today throughout the afternoon and evening (CEST). It's free and takes only 30 minutes. #TABVirtual #fl3xx #businessaviation #automation
During an interview Jim Richards and I disagreed on the definition of inflation. I said the original definition was an expansion of the supply of money and credit, while Jim said the definition has always been rising prices. An older edition of Webster's dictionary backs me up.
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Simon Riha retweeted
Global business aviation activity is trending 55% below normal so far in May. Moving 7 day average daily activity is up 35% between 1st and 19th May, but still down 40% vs start of March. Bizav has doubled its share of all aviation activity (blue, RH axis).
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Better something than nothing under such circumstances 🤜🏻👍🏻
North America, Europe, Asia, MENA, all seeing similar trends: business aviation is operating at 70% below normal, with at least 65% of the fleet parked. South America is so far less affected, and Oceania has seen some recovery. Busiest bizav aircraft worldwide is Cessna Caravan.
Plunging used car prices spells doom for future new car sales, due to competition and lack of trade in value. Also, lower residual values on leased and repoed cars means massive losses for GM and Ford's finance divisions. Will the Fed buy used cars? The problem will be parking.
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#covid is the best excuse for already struggling business to downscale, cut costs, restructure financially. without one executive being blamed. It might just be a relief groove for the global recession that was coming anyways.
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I’m going to observe this quick expansion by buying/merging, how it will be playing out. 🔦🔎 Deal analysis: Wheels Up buys Gama Aviation’s US flight business for $75m | Corporate Jet Investor corporatejetinvestor.com/art…
The first #BizAv conference with an All-in-One offer. Everything you need for your entire stay. From the moment you land until you depart. Everything is taken care of, so you can focus on only the essentials: TAB content, networking & evening attractions. Learn more ⤵️

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The reaction to 80/20 is often "80% is not good enough." But the real power of 80/20 lies in fast iteration: 1st round: 80% - good enough to get feedback! 2nd round: 96% - good for production! 3rd round: 99.2% - rocking it! Continuous improvement always wins.
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