Business Jet Traveler

June 29, 2014
The Cessna Caravan is now being marketed under the Textron Aviation umbrella, which includes Cessna and Beechcraft products.
In 1924, Clyde Cessna and Walter Beech started the Travel Air Manufacturing Company in Wichita, Kansas. Within four years it was the largest maker of commercial airplanes in the U.S. Cessna left to start his own company in 1927 and Beech did likewise in 1932, forming what we now know as Beechcraft.
June 24, 2014
The Golf Club at Fiddler's Creek is set between Collier Seminole State Park and McIIvane Bay.
There aren’t many small towns that exude the culture and elegance of an urbane city. Perhaps that’s why people flock to downtown Naples, on the Gulf Coast of southwest Florida. Fifth Avenue there is rightly famous for its bistros, high-end clothing and jewelry shops and casually upscale lifestyle. Yet the area’s appeal is also because of what lies immediately beyond and around it: a golf-rich region, with low-lying courses set against a backdrop of untouched native habitats and wetland preserves.
June 22, 2014
If two identical airplanes are priced the same and one of them has a damage history and the other doesn't, which one would you buy? (Illustration: John Lewis)
What’s the worst thing that can happen to your business jet? You might think the answer is an accident resulting in total loss, but it’s not. If a hangar roof collapses and destroys your aircraft, your insurance should enable you to replace it. On the other hand, if the airplane is only damaged in the incident, the insurer may opt to repair it, leaving you with a jet that operates just fine but has (gasp) damage history.
June 6, 2014
A340s will never return to robust resale prices,  but for those who want a truly insane discount, time may be running out.
Step right up and take advantage of the four-engine fire sale.
June 6, 2014
Ostrich Pillow
Are there one or two items you've found indispensable to have on hand while traveling? We posed that question to some globetrotters. Here's what they told us.
May 23, 2014
Dublin’s Chapter One, now in its 22nd year, offers an excellent example of modern Irish cookery. Chef and co-owner Ross Lewis and his staff will make you feel comfortable whether you’re a tourist, a local shop clerk or a certain internationally famous Irish rock star who’s known to frequent the place.
May 23, 2014
Pajama Program
BJT readers—who represent one of the highest-net-worth magazine audiences anywhere—clearly have the means to contribute to a better world. To help you do that, we’re spotlighting one deserving organization per issue.
May 16, 2014
Click to enlarge image
When you’re evaluating the state of the used-aircraft market, you need to look at more than the percentage of the worldwide fleet that’s currently for sale. You have to investigate availability in a variety of geographical areas and model-year ranges.
May 16, 2014
Veteran steelhead fisherman Sean Gallagher releases a native steelhead so it can spawn. (Photo: Gregory Smith Design)
During the 1960s, when Sean Gallagher was 16, his mother took him fishing for steelhead on the Skagit River in northern Washington State, on the Canadian border. In the young Gallagher—now a retired teacher living in the shadow of Mount Rainier—the experience ignited a passionate pursuit of the giant sea-run rainbow trout.
May 16, 2014
Donor-advised funds offer a relatively simple and tax-friendly way to make large contributions. (Illustration: John Lewis)
The best way to give money to charity isn’t always to simply write a check. Depending on your circumstances, better options might include complex trusts and foundations. And keep in mind that your best bet might be to use multiple methods in concert.

Pages

 

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