Commentary » Up Front

April 1, 2007
Eclipse Aviation is going through painful times. In March, the builder of the $1.6 million Eclipse 500 very light jet announced it had to change avionics suppliers. Separately, Eclipse Aviation and United Airlines "mutually agreed to terminate their pilot training program," according to the manager of training development for United's flight training division.
February 1, 2007
Back when the management team of Aviation International News was developing the concept for this magazine in early 2003, it took us longer to zero in on the name, Business Jet Traveler, than it did to agree on the tagline, "maximizing your investment in private air transport." A publication's title is of prime importance, of course, and deserves much thought an
December 1, 2006
In the late afternoon of Friday, September 29, an airliner and a business jet-both at 37,000 feet and approaching each other at a combined closing speed of some 1,000 mph-collided over Brazil. Tragically, the pilots of the airliner, a Boeing 737-800, were unable to keep it flying after the collision because of damage to the leading edge of the airplane's left wing.

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Quote/Unquote

““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”

-David Yermack