Business Jet Traveler » December 2008

December 1, 2008
Truth is, ice is no more or less safe for consumption than the water from whi
Some of the same folks who insist on bottled water in flight think nothing of dropping into it a couple of ice cubes plucked from the machine in the hotel hallway. The tendency is to assume that the ice is a solid form of potable water.
December 1, 2008
-Fletcher Aldredge, publisher of the Vref Aircraft Value Reference, whose data shows larger declines in price for light jets in recent quarters than for any other market segment. Source: Architectural Digest

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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