closed Appraisal: PrivateLearJet.com

[FilthyVentures]

Domain Name: PrivateLearJet.com

Message:
PrivateLearJet.com

I think this could be good to an end user since lear jets are top of the line luxury jets

also Seeing PrivateJet.com sold for:
PrivateJet com $30,000 Dec 05 Private Sale

Thoughts and comments welcomed

Thanks,

 

[nrmillions]

Isnt that a TM violation? If it is then its worth nothing.

 

[WhoDatDog]

You are both insane.

 

[nrmillions]

You are both insane.

What are you talking about?

 

[FilthyVentures]

Isnt that a TM violation? If it is then its worth nothing.

Actually its not a TM violation*

- Lear Jet was a company that was founded in 1960 by William Powell Lear Jr
- In 1963 the company was renamed the Lear Jet Corporation
- In 1967 all of Bill Lear's assets were acquired by the Gates Rubber Company
- In 1987 the Gates Learjet Corporation was acquired by Integrated Acquisition, Inc.
- In 1990 Bombardier Aerospace purchased the Gates Learjet Corporation.

The word “learjet” has become a generic term to describe any number of small business jets. It is actually a trademarked brand name for a "series" (ie: lear jet 23, lear jet 24, lear jet 25..etc) of small business jets, "originally" manufactured by Lear Jet Corporation. (Sorta like the words “band-aid, kleenex, q-tip…those too are brand names that have become generic terms.)

There are many lear jet sites/businesses that have no affiliation with Bombardier Aerospace and they are fully aware of them and have no issue at all with the term "lear jet" being used in domain names pertaining to lear jets/lear jet charter services

A few of the sites I found a few days ago that use the name.

http://learjetnow.com (based out of san diego, ca) Not affiliated with Bombardier Aerospace

http://learjets.org (lear jet charter service & sales) Not affiliated with Bombardier Aerospace

http://learjetsales.com (seller of lear jets) Not affiliated with Bombardier Aerospace

http://learjetcharters.com (lear jet charters) Not affiliated with Bombardier Aerospace

http://learjetsforsale.net (seller or lear jets) Not affiliated with Bombardier Aerospace

***I did research this before I picked up the domain name and also spoke to Bombardier Aerospace legal department by phone a few days ago and if you are in doubt give them a call

Bombardier Aerospace
Downsview, Ontario
Canada M3K 1Y5
+1 416 633-7310

Thanks for your opinions.

You are both insane.

Insane? I think not!

You are the "insane" one posting your BS in my thread, which is against forum rules. If you dont have anything nice to say, create your own thread you can crap in when ever you feel the need to be a jerk.

Remember this is an appraisal thread and im pretty sure your insane thought was not an appraisal.

Thanks for showing us who you really are

Good day,

 

[nrmillions]

ok since its not a TM problem then I think its a decent name. high $xxx.

 

[dodo1]

It is actually a trademarked brand name for a "series" (ie: lear jet 23, lear jet 24, lear jet 25..etc) of small business jets, "originally" manufactured by Lear Jet Corporation.

This says it all. Learjet is a registered trademark. >> This is a TM domain. >> Severe negative aspect for the value of your domain. Good luck with it anyway!

 

[hugegrowth]

I don't know if I'd totally discount the trademark issue...

from a news release
"Bombardier, and Learjet are trademark(s) of Bombardier Inc. or its subsidiaries."

http://www.ccnmatthews.com/news/rel...ctionFor=546436&searchText=false&showText=all

Maybe they are being lax on enforcing the trademark, because the websites you mentioned are promoting the brand, and there is no confusion as to who is making the learjet.

But if you started a company that builds jets and called them "Learjets", I'm sure Bombardier would take issue.

I wouldn't say that trademarked names used in everyday speech are considered 'generic' terms, like q-tip, band-aid, etc. They are still trademarks, but they have been promoted so well they are part of everyday speech now. If you start making bandages and call them 'band-aids' you will have a problem, if you make little sticks with cotton on the ends and call them q-tips, you will have a problem. A lot of people call cola drinks 'coke', but coke is still a trademark.

So while this domain may never have a trademark issue, there is always the potential for it. If Bombardier wants to start using "Private Lear Jet" in their advertising, and want a domain name for it, watch out. You have obviously done more research than me, so if the potential is really that low for trouble then this would be a great name for a charter/sales company. But it's important to recognize that 'Learjet' is a trademark, even though it isn't being enforced, and that is something that could change at anytime.

 

[synergy]

You are both insane.

That was a helpful post.

I value this domain at $500-$1500 depending on how Bombardier feels about going after this name. I doubt you will have much of a problem with it, though.

Regards.

 

[hugegrowth]

To add to my earlier post, since there seems to be a lot of sites using 'Learjet' in their name, Bombardier would have to go after a bunch of them if they were going to start protecting this trademark. In the end, these sites probably aren't hurting them and it's promoting the LearJet brand for them in a positive way. The more that the term 'Learjet' is known the more demand it might create for their planes. And the sites using the name aren't building jets, they're using them to provide a service. So this seems to be different from regular trademark cases where the trademark holder is losing business or customers to the infringer. In this case, Bombardier is probably gaining more brand recognition without costing it a penny.
Because jets are a luxury business the domain could sell to an end user for low xxxx to maybe mid xxxx, if not more. good luck

 

[duceman]

eprivatejet(s).com went for $1800 each

privatejet(s).US went for $1675 each

privatejet.NET $6000

IMO your domains price point should be around what eprivatejet.com sold for. I would think that the term Lear would be used more often then "E".

If the buyer is LEARy of the TM issue the price point would probably drop to the mid $### range.

If your looking for a quick sale you might contact the buyer of the other domains and offer him yours for mid $###

good luck