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Follow on Google News | Arik Kislin lends insight into the current Private Jet Charter IndustryThe private jet charter industry has a bright future despite the downturn in the economy, and that traveling on a private jet is one of the greatest luxuries and tools to both business and leisure travelers.
By: Barbara Klein The private jet industry accounts for 1.2 million jobs and points out that private jets are a lifeline for tens of thousands of companies because they provide not only faster connections but also remote access to locations that aren't serviced by commercial airlines. For these people, time is money and they often don't have the patience to travel commercially, wasting countless hours in airports. Those who are accustomed to flying in Gulfsteams are still flying in them for the most part, others who were flying in mid-size jets are finding the small Cessnas a more affordable alternative. Smaller planes from Cessna, Embraer, and others have another big benefit: they use less fuel. This could be a huge advantage in the future when fuel prices rise again. "For those in the market for a plane, there has probably never been a better time to buy. If you've got the cash in hand though, you can get yourself a great deal," said Arik Kislin, Principal at Linx Industries. "There has also never been a better time to book a charter jet." # # # About Arik Kislin Arik Kislin is a self-made real estate investor, developer and entrepreneur. Arik Kislin is a principal with Linx Industries, a diversified investment company which includes JetFlight International, a Private Aviation Charter and Management Company, The Gansevoort Hotel Group, and Ocean Blue Management. Mr. Kislin began investing in a financial services firm active in the distressed debt market which manages assets in excess of $2 billion. Arik Kislin is a member of the New York Friars Club. End
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