Heated Seat Is a Cool Idea

Business Jet Traveler » June 2007
Friday, June 1, 2007 - 5:00am

Aircraft services and systems integrator Emteq has received a contract from Hawker Beechcraft for installation of the New Berlin, Wis. firm's new FAA-certified seat heaters in the Wichita aircraft manufacturer's King Airs. Plans exist to introduce similar seat heaters into Hawker business jets, as well as Beechcraft Baron and Bonanza models, according to Emteq president Jerry Jendusa. The seats will also be available for models from other aircraft manufacturers. The design includes individually adjusted lumbar and heat features, as well as an automatic shut-off system.

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““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