Business Jet Traveler » December 2008

December 1, 2008
Online booking agent Virgin Charter has become the exclusive air charter solution for global travel-management specialist Radius. Radius has 90 travel agencies worldwide specializing in both business and leisure bookings and will now use the Virgin Charter marketplace to find and book flights.
December 1, 2008
The Lineage 1000 will be able to operate from airports where some of the othe
Airframer Embraer entered the business aviation market in 2000 when it announced the Legacy 600, which it had derived from the ERJ-135 regional airliner. Taking a similar approach with the larger E-190/195, the Brazilian manufacturer has created the Lineage 1000.
December 1, 2008
Flexjet, Bombardier's fractional ownership subsidiary, has announced a program that offers its shareowners the opportunity to offset carbon emissions each time they fly. Climate Care, an offset provider and a division of J.P. Morgan's environment markets group, has been selected as Flexjet's partner in the initiative.
December 1, 2008
“The Liberty Hotel is about transformation, and how to make a jail into a joy
Real estate developer Richard Friedman has been winning plaudits for his unusual latest project: the transformation of the historic Charles Street Jail in Boston's Beacon Hill district into the luxurious, award-winning Liberty Hotel.
December 1, 2008
The wraps are off on Hawker Beechcraft's Hawker 450XP and Super King Air 350i, revealing extensive cabin makeovers.
December 1, 2008
Planning a holiday ski trip? Your fractional provider may need more advance n
One of the joys of the holiday season is getting together with friends and family from around the country-particularly when you can avoid the hassles of commercial air travel and fly privately. This is the time of year when many of our fractional-share clients get the most out of their private jet ownership.
December 1, 2008
Want to give something really unique? How about a 2,500-mph space flight?
Running short on time to find just the right gift for a fellow business jet traveler? Need an extraordinary present for a hard-to-please friend or loved one? Here are some suggestions to simplify your treasure hunt, at prices from about $20 to $200,000.
December 1, 2008
Jet Republic plans to buy up 110 Bombardier Learjet 60XRs, with deliveries of
Against a backdrop of tumbling stock markets and a huge banking crisis, Jet Republic has launched what it hopes will become a successful fractional and
December 1, 2008
Hole No. 17
Gozzer Ranch's setting is impressive enough-looking out onto the 60-square-mile Lake Coeur d'Alene in northern Idaho. More stunning is how the property's developers, Discovery Land Co., have kept the whole place rustic and in low profile. The 700-acre land plan includes a Tom Fazio-designed golf course that snuggles easily into the native contours.
December 1, 2008
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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