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Business jet (slang, Bizjet) is a term for a jet aircraft, usually of modest size, designed for transporting small groups of business people for commercial reasons at a time convenient to their business needs. Some business jets may be adapted for other roles, such as the evacuation of casualties or express parcel deliveries, and a few may be used by public bodies, governments or the armed forces. The more formal terms of corporate jet, executive jet, VIP transport or business jet tend to be used by the firms that build, sell, buy and charter these aircraft.
The older term "air taxi" tends to be used for piston-engined or small turboprop aircraft, although the functions of an air taxi and a business jet are essentially identical; in fact, some airfields have runways unsuited to jet operations and may therefore be more usable by slower aircraft. Depending on the passengers' destination, the overall journey time could then be shorter with a slower aircraft. Generally, jets tend to have a taller passenger cabin and more advanced avionics, which may be advantageous in terms of safety, comfort and resiliance to extreme weather conditions. A company may also wish to project its status through the type of aircraft in which its personnel travel. Although some early corporate aircraft such as the Heron and Jetstar had four engines, the norm is now two or three, with a few single-engine aircraft being sold by Cessna, Pilatus, Piper and Socata to this sector of the market.
Some luxury business jets are converted from surplus airliners, these may suit celebrities with a large entourage or press corps, but they may find some airfields denied to them on account of runway length or local noise restriction s. The most famous business jets are the GulfstreamGulfstream Aerospace Corporation is located in Savannah, Georgia, USA and has been a unit of General Dynamics since 2001. The company has produced more than 1,400 aircraft for corporate, government, private and military customers around the world", accord, built by Grumman AerospaceThe Grumman Aircraft Engineering Corporation later Grumman Aerospace Corporation was a leading producer of military and civilian aircraft of the 20th century. Founded in 1929 by Leroy Grumman, its independent existence ended in a 1994 merger with the Nort, and the Gates LearJet now built by the Bombardier group.
The allied term "bizprop" is in use amongst enthusiasts but seems unlikely to spread. Since 19961996 was a leap year starting on Monday (see link for calendar), and was designated the International Year for the Eradication of Poverty''. Events January January 5 Hamas operative Yahya Ayyash is killed by an Israeli-planted booby-trapped cell phone Jan the term " fractional ownership " has been used in connection with business aircraft owned by a consortium of companies. Clearly, costly overheads such as flight crew, hangarage and maintenance can be shared through such arrangements.