Business Jet Traveler » June 2007

June 1, 2007
Chris Bangle’s reinterpretations of the classic BMW form in recent years have
Convertibles get a bad rap from some diehard sports-car purists who dismiss them as semi-serious boulevard cruisers a notch down from where they should be with the rigidity of a hardtop. When the man from BMW said the M6 to be delivered for this evaluation would be a convertible, my sense of anticipation encountered a mild downdraft.
June 1, 2007
Smoke rises from burning incense at the Hua Ting Buddhist Temple in the Weste
Thanks at least partly to Asia's explosive economic growth, its once-mysterious lands are now jet-close and high-rise-familiar. That's good news if you want to do business there, but it makes your search a bit tougher if you're in the market for an exotic getaway.
June 1, 2007
The author, Thomas R. Pero,  holds a six-pound trout.
You'll find brook trout in countless alder-lined beaver bogs and tumbling canopy-forest brooks along the spine of the Appalachians, throughout the New England backwoods and over to Michigan's sandy upper peninsula. All of them are delicate and tiny.
June 1, 2007
R. Randall PadfieldEditor
As I read Jeff Wieand's Taxes, Laws and Finance column, "Your Gray-haired Pilot", I realized that had I not left the cockpit for a writing career in the 1990s, I would now be that pilot, gray hair and all.
June 1, 2007
Resale prices for Model 45s are climbing.
Bombardier's Learjet 45 is a study in contrasts. It is a breakthrough aircraft that had a troubled and lengthy gestation period, and its operators have a strong love-hate relationship with the airplane and its product support.

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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