Local aviation company buys jet

An Inland Empire aviation company has added to its fleet of jets with the purchase of an aircraft from a private party overseas.

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California Company Set To Flip a CJ2

Threshold Aviation Group of Chino, Calif., has acquired from the UK a Citation CJ2 with structural damage to its wings, the latest of the company’s intended “flips,” as COO Tom Bressan calls its practice of buying “distressed assets, aircraft that are not attractive to buyers as they sit,” and refurbishing and reselling them.

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How to Survive A Recession

At the beginning of the recession, many businesses were downsizing their operations, laying off employees and, in some cases, closing their shops all together. Threshold Aviation Group (TAG), based at the Chino Airport in Chino, CA, is an example of an aviation business that not only kept their shop open, but continued to grow, despite the recession.

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