Flying

February 15, 2012
Terminal A at Moscow Sheremetievo Airport
Moscow Sheremetievo Airport’s new Terminal A–a dedicated, 29,000-square-foot business jet facility, incorporates departure and arrival halls, VIP lounges, a duty-free shop, a conference room and a bar. A 161,500-square-foot hangar and nearly 248,000 square feet of ramp space adjoin the terminal.
February 8, 2012
CitationAir Ceases Sales of Fractional Jet Shares
Cessna's CitationAir has stopped selling fractional shares as well as memberships in its Jet Access program and has ceased renewals for current customers. The Connecticut-based company–which is refocusing efforts on its jet card and jet management businesses–will honor existing fractional and Jet Access contracts until they expire.
February 7, 2012
HeliFlite Announces Promotion for Card Program
Throughout February, helicopter-services company HeliFlite is offering a "Half HeliCard" (12.5 hours) as an introduction to its 25-hour HeliCard program. The Newark, N.J.-based company operates within a 250-mile radius of New York City and services the Northeast from Maryland to Maine. The new card requires no long-term commitment.
February 7, 2012
Jackie Chan Takes Delivery of Legacy 650
The Chinese Year of the Dragon is off to an auspicious beginning, at least for actor, martial artist, director and producer Jackie Chan. Chan took delivery of his custom-designed Embraer Legacy 650 on February 3. The aircraft, which is adorned with dragons and Chan's logo emblazoned on the tail, is the first Legacy 650 to be delivered in China.
February 7, 2012
NBAA Gives Super Bowl Operations High Marks
The National Business Aviation Association has commended FAA officials for coordinating with aviation-industry stakeholders to ensure that Super Bowl-related flights on February 6 encountered a minimum of delays. According to the NBAA, the key to a major event like this is preplanning.
February 3, 2012
Bombardier Rolls Out First NetJets Global 6000
Bombardier Aerospace and NetJets celebrated the rollout of the fractional provider’s first Global-series jet on January 31, a Global 6000 (neé XRS).
February 1, 2012
Can NetJets Europe defy the doubters?
Fractional aircraft ownership is a great American entrepreneurial idea that arguably hasn't traveled well. Fifteen years after its main proponent, NetJets, brought the concept to Europe, that company remains the only one to have achieved any lasting traction in the international markets that supposedly have a massive appetite for business aviation.
February 1, 2012
Taxing Situations
What if there were no airlines? It may sound crazy, but now-retired rogue aeronautical engineer Burt Rutan once speculated that, someday, people might look back and say, "For a short period in history, people traveled en masse in giant airplanes called 'airliners.' They only used a very few crowded runways, and traveling to and from the airports often took longer than the flight itself." In Rutan's version of the future, we would further develop the general aviation infrastructure such that people could fly on light airplanes to and from the thousands of small airports near their homes and destinations.
February 1, 2012
Medical Help, Wherever You Go
While bringing your doctor along on all your travels would no doubt give you peace of mind, it might not be cost-effective or practical. Since 2009, however, Black Bag has offered travelers a reasonable alternative: a worldwide 24/7 medical consultancy. When you sign on with the service, a company representative interviews you about your medical history.
February 1, 2012
Dassault’s Falcon 2000s
I first wrote about the Falcon 2000 for this magazine in 2006, for our “Used Jet Review” department. Back then, I liked the airplane for its cavernous cabin, good fuel economy, great range, pleasant flying qualities and strong resale value.

Pages

Related Channels

 

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