"The market can remain irrational longer than you can remain solvent"
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Got a spare $100 million? Here are the world’s most expensive private jets
Financial markets got off to a rocky start this year, with oil prices falling and uncertainty over the direction of the global economy in focus. The impact was felt by Steve Varsano, founder of The Jet Business, a private plane dealership in London. "The way the year started off there was mayhem in the financial markets in January and February and that caused a lot of hesitation in a lot of markets, not just aviation. And on top of that with such a low price of oil, countries and companies that were oil dependent entities, they started to pull back," Varsano explained. But things have begun to turn around amid a ... (full story)