Business Jet Traveler » October 2010

October 1, 2010
Kimberly-Clark operated the iconic douglas DC-3.
Over the years, more than a few all-business-class airlines have tried to lure customers who might otherwise opt for private aviation. What we haven't often seen is a corporate flight department trying to morph itself into an airline with the same goal in mind. But that has happened at least once. 
September 15, 2010
“Hearing my name announced as Olympic ­champion every night is extremely surr
If you enjoyed watching Evan Lysacek skate his way to a gold medal in the 2010 Winter Olympic Games in Vancouver, then you may also be one of the millions who tuned in to ABC TV's Dancing with the Stars last spring to see him compete for the mirror-ball trophy.

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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