Business Jet Traveler

August 1, 2007
To encourage owners to make their aircraft available for charter, Executive Jet Management will waive management and conformity fees for charter-friendly airplanes that are available for more than 200 flight hours per year.
August 1, 2007
Luis Mercado works on the wooden side-ledge, repairing minor scratches and bu
With new business jet delivery slots stretching out as far as 2015 and acquisition costs hitting the high side of $40 million, a growing number of buyers are foregoing factory-fresh models in favor of refurbished used airplanes at a fraction of the cost.
August 1, 2007
Do you have a favorite in-flight meal or caterer you’d like to see featured h
The Dish: Filet of Minnesota walleye pike encrusted in pumpernickel, served on a bed of cranberry, wild rice with mixed fresh greens and rustic bread.The Caterer: Atiki's Flight Catering, Minneapolis-St. Paul and Chicago, (888) 856-7884, www.atikiscatering.com.
August 1, 2007
Some business jet operators offset carbon-dioxide emissions by investing in p
You can barely open a business magazine these days without seeing yet another story about adopting a pro-environment policy to combat climate change. Forecasts warn of imminent disaster if we don't reduce our so-called carbon footprint, which is simply the amount of carbon dioxide that humans are responsible for generating.
July 1, 2007
Don't leave home without it-not if you want simple, guaranteed access to a business jet at a reasonable hourly rate. That's the pitch that has driven the rapid growth of jet card programs. Almost a dozen national companies, including the major fractional and charter fleet providers, now offer these cards. Numerous smaller charter companies also provide jet cards.
June 1, 2007
Eos Airlines has expanded its all-business-class New York/ London scheduled service to three flights on weekly peak travel days. The total of 32 flights a week between the two cities includes a third flight from New York's JFK Airport on Sundays, Thursdays and Fridays and a third flight from London Stansted Airport on Sundays, Mondays and Fridays.
June 1, 2007
“When we first started growing, even our board was hesitant to believe that w
When Steve Hankin left Starwood Hotels & Resorts to become CEO of Sentient Jet three years ago, the Weymouth, Mass.-based jet-card provider was "a very small company," he said recently. It's bigger now, but exactly how much bigger is anybody's guess. As Hankin told us when we asked about revenues and hours flown, "We've never revealed that.
June 1, 2007
National Business Aviation Association president and CEO Ed Bolen is urging the association's members to protest what he calls a "sweetheart deal" for the airlines that would increase user fees for general aviation.
June 1, 2007
Gulfstream introduced the aerodynamically advanced G550 in 2003. Its cabin is
The $47.95 million Gulfstream G550 mates the latest bells and whistles to an airframe-engine combination that can deliver eight passengers and a crew of four to destinations up to 6,750 nautical miles away. That's Tokyo to Palm Beach nonstop in 12.5 hours, with reserves.
June 1, 2007
Chris Bangle’s reinterpretations of the classic BMW form in recent years have
Convertibles get a bad rap from some diehard sports-car purists who dismiss them as semi-serious boulevard cruisers a notch down from where they should be with the rigidity of a hardtop. When the man from BMW said the M6 to be delivered for this evaluation would be a convertible, my sense of anticipation encountered a mild downdraft.

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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