Business Jet Traveler

August 1, 2008
Castle & Cooke Aviation has opened an FBO at Honolulu International Airport. The former Circle Rainbow facility received a $5 million upgrade, with renovation of the lobby, 18,000-square-foot hangar and 60,000 square feet of office space. Castle & Cooke plans to offer jet-A and avgas service later this year on an expanded general aviation ramp on the island of Lanai.
August 1, 2008
For an elite band of thrill-seekers, heli-skiing is the ultimate adrenaline rush.
August 1, 2008
At the Aviation Insurance Association convention earlier this year, industry experts reported a mini-boom that is benefiting the insured, large and small. The reason: a credit crunch throughout much of the economy, triggered by the U.S. sub-prime loan debacle, has been driving capital, especially private-equity funds, toward less risky investments, including aviation insurance.
August 1, 2008
Geiger Excavating has sued Eclipse Aviation, seeking refund of a $150,000 deposit for an Eclipse 500 VLJ, plus pre-judgment interest and the cost of taking the case to court. Jay Geiger, president of Geiger Excavating of Fort Wayne, Ind., signed a deposit agreement for the aircraft in October 2000.
August 1, 2008
Sometimes, pilots must make the transfer from wings to wheels briskly.
What Americans call "landing gear," the British call "undercarriage," which really is much more logical. That's because an airplane uses its wheels not just to land but also to take off, taxi and sit around in the hangar. Whatever you call it, the part of the aircraft that allows it to move around on the ground has several distinguishing characteristics.
August 1, 2008
With a long waiting list for new airplanes of similar cabin size, demand is growing for executive/VIP conversions of the Canadair Regional Jet (CRJ). But the CRJ's popularity may have as much to do with price as with availability of competing models.
August 1, 2008
Flying passengers with special needs is possible—it just requires a little pl
Maybe you'd like to fly a wheelchair-bound relative to a family function. Or perhaps a member of your management team has contracted a bad case of the flu during a business trip. Flights with passengers like these-or anyone with a significant health issue-necessitate special planning.
August 1, 2008
Very light jets, commonly known as VLJs, were supposed to change the way we fly.
August 1, 2008
Eagle Point is underrated as a golf club and has some  of the best year-round
Things are simple at the Tom Fazio-designed Eagle Point Golf Club in Wilmington, N.C. Forget about tee times, swimming pool or tennis. The par-72 core routing is unencumbered by housing or development. The private club is readily walkable and has a fine caddie program.
August 1, 2008
In the same week in June, several airlines announced they would be grounding airplanes, reducing capacity and eliminating jobs, mainly because of soaring fuel prices. Meanwhile, the Stanford Transportation Group, a San Francisco-based consulting firm, reported the results of its biennial analysis of premium passenger activity in the U.S. airline and business aviation markets.

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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