Business Jet Traveler » October 2008

October 1, 2008
A demonstration flight can help you determine whether the cabin size and conf
You probably wouldn't dream of buying a car without test-driving it. Yet people sometimes purchase airplanes they have never flown in-or even seen. Some of these buyers rely on a trusted business associate or flight crewmember to look at the aircraft for them, but this is a risky idea. If you're purchasing the airplane and will be riding in it, you'd be well advised to check it out yourself.
October 1, 2008
Gordon McCall's Motorworks Revival, which takes place annually at the Monterey [Calif.] Jet Center and serves as the kick-off for the Concours d'Elegance, lives up to its billing as "a very cool party...with classic cars and airplanes scattered over the acreage like a rich giant's toy box." So when our company received word from McCall that he had a static-display spot available for us at this
October 1, 2008
A little after 10 p.m. one night last March, I was hosing down my waders outside the drying room at Terra del Fuego's elegant Maria Behety Lodge when Brian Yamamoto came rolling in. Yamamoto, a dentist from Fairbanks, carried his 15-foot Snowbee spey rod and sported a smile as wide as the Argentine pampas.

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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