Business Jet Traveler

September 19, 2016
PHOTO: HONDAJET
The views from a private jet can make for a sublime experience. You really do get the feeling of having “joined the tumbling mirth of sun-split clouds” and “chased the shouting wind,” to quote Royal Canadian Air Force pilot John Gillespie Magee Jr.’s stirring 1941 sonnet, “High Flight.”
September 18, 2016
An aircraft operated by NetJets, which pioneered the fractional field and remains the largest share provider. Photo: Barry Ambrose
Recent constriction in the fractional space and changes within the remaining programs are stacking the deck against shareowners, curbing rights, and cutting once-standard benefits, contend a pair of consultants who represent share buyers.
September 11, 2016
The Sunshine Kids
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.
September 11, 2016
You probably receive periodic requests to vote your shares in the companies in which you own stock. And if you’re like most individual shareholders, you won’t exercise this right.
September 4, 2016
Art Dawley PHOTO: MARK WAGNER
Art Dawley is CEO of Wyvern Consulting, which for 25 years has provided risk-assessment and safety-audit services for the air charter industry and its customers.
September 4, 2016
Embraer’s Phenom100 light jet is the value-retention champion.
Vref, the transactional-market tracking service, recently created a pair of best-buy lists that underscore the hit business jet valuations have taken since 2008.
September 1, 2016
PHOTO: THOMAS R. PERO
I’ve admired the beauty of the wild trout found by President Thomas Jefferson’s Corps of Discovery since the first time I caught one while wading a sandy beach of Yellowstone Lake in the spring of 1974. The species is called “cutthroat” because of a vivid reddish-orange slash curving across each lower jaw.
August 28, 2016
  Hourly maintenance plans for airframes, engines, and avionics have become a regular and often expected part of aircraft ownership. In exchange for a fee paid for each operating hour (and sometimes fixed fees as well), plan providers agree to cover certain or all scheduled and unscheduled maintenance, thereby bringing cost and performance surety to operations.
August 28, 2016
Chuck Berry's Cadillac
On September 24, President Obama will be on hand for the opening of the Smithsonian’s National Museum of African American History and Culture, a 400,000-square-foot building on the National Mall in Washington, D.C.
August 22, 2016
Mark Bonfigli appreciates the LED mood lighting on his GV.
When you spend lots of time in business jets, you inevitably come to treasure certain technological solutions that make the airborne life more pleasant and productive. We asked five frequent fliers to tell us about their favorite on-board gear.

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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