Flying

July 1, 2008
Charter brokers and even some management companies don't have "operational co
When you buy a seat on a commercial flight, the choice of airline can matter less than the departure and arrival times. But when you book a charter flight, picking the operator is the most important decision you can make. The wrong choice can cost you lots of time and money, or even create safety risks.
June 20, 2008
Do you have a favorite in-flight meal or caterer you’d like to see featured h
The Dish: Roasted farm-fresh New England veal tenderloin coated in a crust of puree of fennel, garlic and sage. The veal is centered with steamed Maine lobster served with cognac butter.
June 1, 2008
The Dish: Salad Niзoise, featuring seared ahi tuna on a bed of butter lettuce, surrounded by steamed red potatoes, cooked and refreshed green beans, tomatoes and a boiled egg. The dish is topped off by capers and kalamata olives and a dressing prepared from white wine vinegar, Dijon mustard, pepper, garlic crushed with salt and extra virgin olive oil.
June 1, 2008
For those who go straight from business jet to boardroom-not to mention those whose aircraft are greeted on the ramp by paparazzi-looking good when you land means a lot.
June 1, 2008
The old joke about Hawkers is that not only are they built like bricks-they fly like them, too.
June 1, 2008
For technology lovers, today'sbusiness jet cabin is a wonderland, offering everything from moving-map displays with satellite photos to in-flight use of a BlackBerry. And every time you think you've seen it all, along comes another innovation-often for less money than you paid for the product it replaces.
June 1, 2008
The Gulfstream GV was the first true long-range business jet. There are many impressive things about it, but perhaps the most salient is this: Last year alone, the value of a used GV shot up 18 percent. In 2002, a new GV sold for $43.2 million. Last year on the used market, that airplane commanded $45.5 million.
June 1, 2008
Many business jet charter operators these days are opting to focus on a single aircraft type. The Eclipse 500 has received much publicity because high-profile businesses, such as Boca Raton, Fla.-based DayJet and Concord, Mass.-based Linear Air, have recently launched air-taxi services with that model. But an increasing number of operators are now focusing on another aircraft: the Cirrus SR22.
June 1, 2008
Exploring the secondary fractional market before reselling your share could s
When the time comes to sell your timeshare in a luxury resort, you naturally consult the property's operator to see what kind of deal it can offer. Chances are, however, that you also keep your options open in case someone wants to buy your share directly, which would save you any fees the resort might charge for the transaction.
June 1, 2008
As I noted in my February/March column, the salesperson for your fractional provider will do his best to convince you that everyone signs the same simple contract and that the terms are "just boilerplate." In fact, as I explained, those terms require careful consideration because they govern your rights and obligations with respect to what likely will be a multimillion-dollar investment--and th

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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