Jet Advisors President Kevin O'Leary Featured in Forbes Magazine Story
Broomfield, CO, May 19, 2009 --(PR.com)-- Kevin O’Leary among many professionals of status-driven industries to comment on irony in economy.
Jet Advisors’ President, Kevin O’Leary, along with other professionals who deal directly with multimillion-dollar clients, commented on the paradoxical spending trend has emerged in spite of the weakening economy. O’Leary lent his voice to attempt to explain this unusual phenomenon.
“Keeping your Toys,” published on May 11th, draws attention to what few areas are left in which spending has yet to succumb to the economic turmoil, some of which have even experienced growth. Authors Daniel Fisher, Steven Bertoni and Devon Pendleton explain that high-priced amenities such as yachts, maid and butler services, and personal jets remain lucrative in the multimillionaire market because spending is a part of their “patriotic” duties. Another reason, and the reason O’Leary emphasized, is the economy is bound to upturn and when it does, stake-holders want to hold on to or increase their assets.
Forbes quoted O’Leary of the used aircraft market deals: "A couple sold at numbers we'd never thought we'd see."
With so many feeling financial woes, exceptional deals have turned up in an effort to liquidate high-priced burdens. It seems as though the millionaires are some of the few people that have recognized this opportunity and will capitalize on it in the near future. The article may be targeted at this demographic; however, buying an aircraft at a well below market value can be a great investment for anyone, as these industries are noticing.
www.jetadvisors.com
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Jet Advisors’ President, Kevin O’Leary, along with other professionals who deal directly with multimillion-dollar clients, commented on the paradoxical spending trend has emerged in spite of the weakening economy. O’Leary lent his voice to attempt to explain this unusual phenomenon.
“Keeping your Toys,” published on May 11th, draws attention to what few areas are left in which spending has yet to succumb to the economic turmoil, some of which have even experienced growth. Authors Daniel Fisher, Steven Bertoni and Devon Pendleton explain that high-priced amenities such as yachts, maid and butler services, and personal jets remain lucrative in the multimillionaire market because spending is a part of their “patriotic” duties. Another reason, and the reason O’Leary emphasized, is the economy is bound to upturn and when it does, stake-holders want to hold on to or increase their assets.
Forbes quoted O’Leary of the used aircraft market deals: "A couple sold at numbers we'd never thought we'd see."
With so many feeling financial woes, exceptional deals have turned up in an effort to liquidate high-priced burdens. It seems as though the millionaires are some of the few people that have recognized this opportunity and will capitalize on it in the near future. The article may be targeted at this demographic; however, buying an aircraft at a well below market value can be a great investment for anyone, as these industries are noticing.
www.jetadvisors.com
###
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Jet Advisors
Kevin O'Leary
303-410-1900
www.jetadvisors.com
Kevin O'Leary
303-410-1900
www.jetadvisors.com
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