Business Jet Traveler » February 2012

February 1, 2012
Air Partner’s Philip Mathews
Phil Mathews wanted to be a pilot since childhood, but bad eyesight precluded that dream. Instead, after graduating from England's University of Buckingham in 1989, he began a job as a check-in agent at London's Gatwick Airport. He was hired just for summer vacation, but he wound up being promoted to flight dispatcher and manager of general operations and spending four years there.
February 1, 2012
The last few years haven't held much in the way of surprises for the used-jet market and I suspect 2012 won't, either.
February 1, 2012
The world's leading luxury yacht builders and shipyards will display their products and services at the 20th annual Dubai International Boat Show from March 13 to 17.
February 1, 2012
Can NetJets Europe defy the doubters?
Fractional aircraft ownership is a great American entrepreneurial idea that arguably hasn't traveled well. Fifteen years after its main proponent, NetJets, brought the concept to Europe, that company remains the only one to have achieved any lasting traction in the international markets that supposedly have a massive appetite for business aviation.
February 1, 2012
AIN Publications, Business Jet Traveler's parent company, also publishes many other magazines, including on-site air show dailies in seven countries. During my years with the firm, I have traveled all over the United States as well as to Paris, London, Geneva, Dubai, Singapore and–as of March 2012–Shanghai.
February 1, 2012
Taxing Situations
What if there were no airlines? It may sound crazy, but now-retired rogue aeronautical engineer Burt Rutan once speculated that, someday, people might look back and say, "For a short period in history, people traveled en masse in giant airplanes called 'airliners.' They only used a very few crowded runways, and traveling to and from the airports often took longer than the flight itself." In Rutan's version of the future, we would further develop the general aviation infrastructure such that people could fly on light airplanes to and from the thousands of small airports near their homes and destinations.
January 31, 2012
Two Star Generals
Nearly three years ago, many were writing off General Motors for dead. They would have been right had the U.S. government not decided that the company–or more correctly, its huge workforce and the employees of all the suppliers that depended on it–was too big to fail.
January 24, 2012
I've hunted wild ducks, grouse, pheasants and other game birds with varying levels of enthusiasm for 40 years. But I had never seen anything like this: two resplendent four-foot-tall adult male wild turkeys, all bronze and black and iridescent, galloping on stilt-like legs across a cattle pasture the size of two football fields.

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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