Business Jet Traveler

April 1, 2007
The sun is hot, and the airports are on fire.
Miami is often called the unofficial capital of Latin America. During the last 25 years, it has taken on a much greater international flavor and cemented its place as a hub of finance, trade and transportation. The metropolitan area's airports have played a big role in this growth.
April 1, 2007
Cessna’s Mustang VLJ has a claimed top speed of 340 knots.
Cessna was late to the very light jet party. When the company first announced the Citation Mustang, in 2002, it refused to call it a light jet. Cessna CEO Jack Pelton to this day refuses to label the airplane a VLJ and instead describes it as a "downward defense of the product line."
April 1, 2007
Stand in a trout stream holding a fly rod for as many hours and days as the patience of your partner back home and the indulgence of your boss, employees or stockholders will permit. Sooner or later, you'll catch a spotted porpoise of a fish so improbably outsized for the shallow confines of the freshwater creek where it swims that you won't believe it.
April 1, 2007
In an ideal world, you'd have it all-a Wi-Fi Internet connection, e-mail access on your BlackBerry, four bars of signal strength on your cellphone and 200 channels of satellite television on a big, flat high-definition screen, all from the comfort of your seat in the cabin. In short, you'd have technologies that would make your time in the air more like your time on the ground.
April 1, 2007
With enough power, you can make a barn door fly.
Ask a pilot what keeps an airplane in the sky and he'll most likely talk about the forces of lift, thrust, gravity and drag; power-to-weight ratios; and possibly "airfoils"-the word used to describe the wings' shape. Or maybe he'll answer simply, "Your credit card." Either way, it's not much comfort when you're eight miles above terra firma with no visible means of support.
March 1, 2007
A 30-degree navigational error was immediately corrected after a passenger tu
Is it safe to use cellphones and other personal electronics on airplanes? It depends on whom you ask, but researchers at Carnegie Mellon University say that the cacophony of electronic "noise" emitted by portable devices brought onboard by passengers indeed can cause dangerous interference with navigation sensors in the cockpit.
February 1, 2007
A child-abduction lawsuit involving charter and aircraft management services operator Executive Jet Management (EJM) has been settled out of court, according to attorneys for the plaintiff, Cornelia Streeter. The parties are bound by the settlement conditions not to disclose terms, but a source close to the case said the amount was "considerably less" than the original award of $27 million.
February 1, 2007
Fishers Island Club Hole No. 16
Our series on America's best golf courses continues with a look at three of the best classic fairways in the Northeast U.S., as determined by Golfweek magazine's handpicked panel of 385 course raters. The raters, who are students of architecture, attend national workshops and each evaluate 15 to 20 courses per year.
February 1, 2007
Back when the management team of Aviation International News was developing the concept for this magazine in early 2003, it took us longer to zero in on the name, Business Jet Traveler, than it did to agree on the tagline, "maximizing your investment in private air transport." A publication's title is of prime importance, of course, and deserves much thought an
February 1, 2007
Raytheon Company last month announced a $3.3 billion "definitive agreement" that will result in the sale of Raytheon Aircraft to Onex Partners of Toronto and GS Capital Partners, an affiliate of New York-based Goldman Sachs.

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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