Business Jet Traveler » June 2009

June 1, 2009
No matter what satellite option you’re considering, the hardware prices can r
Now that the business jet cabin can be turned into a flying Wi-Fi hotspot, our days of being sealed off from the rest of the world after takeoff really are numbered.
June 1, 2009
Single Point of Contact, based in Corona, Calif., has introduced an aircraft maintenance service exclusively for overseas locations. Pricing depends on the regions where an operator needs coverage and the length of the contract. A map at
June 1, 2009
Hole No. 3
Well into his 80s, Pete Dye keeps on surprising us. The railroad ties and island greens are long behind him, but even as the former insurance salesman finds himself among the latest inductees into the World Golf Hall of Fame, his renewed creativity continues to remind us what a refreshing art form golf course architecture can be.
June 1, 2009
Avantair, the only publicly traded, stand-alone fractional operator, has added Great Exuma in the Bahamas to its primary service area. In addition, Avantair is offering its share owners a discounted accommodations rate at the island's Grand Isle Resort and Spa, with which it has established a relationship.
June 1, 2009
It's an interesting time to be taking over the editorship of a magazine, especially one called Business Jet Traveler.
June 1, 2009
Charter and aircraft management provider JetDirect Aviation ceased operations in April and Wayfarer Aviation subsequently announced that it had purchased "substantially all" the company's assets. Wayfarer is the new name for JetDirect Aviation Acquisition Company (JDAAC).

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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