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U S Aviation Insurance Market Stabilizes in First Half

The aviation insurance market in the U.S. has been relatively stable in the first half, says Aviation Specialty Insurance president Matt Drummelsmith.

Building Your Own Field of Dreams

Building Your Own Field of Dreams A runway in your backyard offers perhaps the ultimate in privacy and convenience. Here’s what you have to consider, do, and spend to make it a reality. February 2021 Arthur Jones, the founder of fitness companies Nautilus and MedX, was an animal lover who kept elephants, rhinos, and a gorilla on his estate, Jumbolair, near Ocala, Florida. An accomplished pilot, he’d fly the animals in on a Boeing 707 and later on his 747 jumbo jet because the 707 “wasn’t big enough for the elephants.”  Jones bought the original 80-acre estate in 1980, added hundreds of surrounding acres, and built its centerpiece: a 7,550-foot-long runway large enough for the 747 and its pachyderm passengers. Before he died in 2007, he lost control of a large part of the estate to an ex-wife who had begun to develop it into an uber-affluent fly-in community with residents including the actor-pilot John Travolta. 

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