Google Private Jet
Private jetGoogle was created 1998 by Larry Page and Sergey Brin and developed fast from a small start-up to a Mainstream-Verb. As their net assets increased to over 20 billion US dollars each, the need for a central ventilation unit was born. It' s first acqusition was in 2005 through its holdings Blue City Holdings, a Boeing 767-200 of Qantas, a corporation that is directly among the founding members and not Google.
Initially constructed in 1987 as a passenger jet for the airline, the airplane was bought by the company's founder for 15 million dollars. Then the couple spend another $10 million to convert the airplane into a real private jet. Although the amount of the investment was quite staggering, it was a lot for the company, with the costs of building a new Boeing business jet at almost $200 million.
Based on recent published information, the rebuilt Boeing had two cabins, a bathroom with showers, a lounge, 15 first-class seating areas and a lounge. To make the most of their valuable experience, Google co-founders signed a contract with NASA to place their private jet on Moffett Airfield, a location just a few miles from Google head office.
In these conditions, NASA's founder members would pay $1.3 million per year plus additional charges for car parks, fuel and utility facilities and a discrete rental agreement for one of their shelters. Moffet Field, famed for its legendary 1angar, a complex that once hosted an airship and was constructed by the U.S. in the 1930' s, served for several years as a turntable for the Google co-founders' private jet fleets as part of the NASA deal.
By 2014, another founding company, a hold company, took over the operation of the airport, spending over $200 million to invest in the site, which reduced NASA's commitment. Hangar One and the complex will over the years become Planetary Ventures' research and education centers, a Google-owned property group.
At that time, the private jet fleets of the co-founders of Google and Erik Schmidt were far bigger than their first retrofit Boeing. Until 2011 the threesome had at least 8 private aircraft under their joint ownership, all of which were accommodated in the Moffet Field. Meanwhile, the first two complements to the Google casual fleets were a Gulfstream V-Jet family.
At the end of 2007, the company bought a second Boeing Business Jet, this one a 757 series. Despite being undocumented, the other 3 aircraft held by Google's founder are considered smaller private aircraft used for local flights. It was in 2013, just before the acquisition of the Moffet Field plant and its transformation into a plant for science and research, that the co-founders of Google began an even more challenging project for their private fleets, a private aerodrome.
Opportunity came when San Jose International Airports attempted to clear a 29-hectare site on its runway previously held by Atlantic Aviation. Blue Town Holdings, the private co-founder of Google's private jet fleets, provided Signature Flight Support for the operation of the $82 million Boeing Jet Station and a $3 million annual 50 year leasing contract with the town of San Jose.
The private kiosk, which will be used by the company's own management, will also be made available to other commercial aircraft landing at San Jose International Airports. This agreement will create 370 employment opportunities and nearly $300,000 in taxes per year in excess of yearly rental costs, according to the town.
The advantages for Google's founding members are also clear, while most Fortune 100 managers run a commercial airline division in some way. Running your own private airline near your facility is a privilege few billions ofaires around the globe can ever get, regardless of costs. The new site at San Jose International Airports will have a private jet facility as well as a Shanghai depot and will become the new center for the Google private jet fleets.
Google's private terminals, one of the biggest business airports in the globe with a unique customer, will be located next to a Hewlett Packard business jetty. While Google's original possession of a private Boeing in 2007 stirred up the media in the general media, the company's outstanding track record under the guidance of its founder ensured that a private aerodrome, let alone a business jet ty, did not cause an eyebrow ruffle.
However, General Electric had to change chief executives after poor performances and problems with the company fleetsanagement. Established by Larry Page and Sergey Brin in 1998 as a research tool to measure incoming link traffic, Google has become one of the most rapidly expanding businesses in the industry.
Having failed to resell to Google for $1 million, the two expanded the business to a $750 billion mark.