Business Jet Traveler

October 1, 2007
When French airframer EADS Socata unveiled a souped-up version of its venerable TBM 700 single-engine turboprop in 2005, it billed the aircraft as the "anti-very light jet." Indeed, the TBM 850 will carry more payload, fly farther and typically complete a 500-mile trip about as quickly as a twinjet VLJ. It will also burn only about half the fuel and climb like a rocket.
October 1, 2007
When Gulfstream purchased Galaxy Aerospace in 2001 for $330 million, the deal was sort of the aviation equivalent of the reality television show Flip This House. With an eye to quick profit, an investor on the show snaps up a distressed property he thinks needs only new paint, then discovers the place is infested with termites and has a rotting roof. Whoops.
October 1, 2007
With the LS600hL, Lexus has given the hybrid propulsion system popularized by the Toyota Prius some serious muscle and cloaked it in luxury robes. The "h" stands for the hybrid V8/electric motor powerplant that drives all four wheels and the "L" is for long wheelbase, which describes the expansive but not quite Maybachian rear passenger area.
August 1, 2007
“We don’t see the VLJ as a substitution for other forms of flying. It’s a rep
A couple of years from now, will you be zipping around between meetings on one of the new very light jets? Assuming you already fly privately, the answer is probably no, according to many of the panelists at the recent Business Models for VLJs and Light Jets, a sold-out two-day conference in West Palm Beach, Fla.
August 1, 2007
Flight data recorders, or “black boxes,” are actually bright yellow or orange
If your car is less than 10 years old, there might be a little computer buried somewhere inside that records events. If you're in a crash, the police, the insurance adjustor, or maybe even the National Transportation Safety Board will retrieve that computer, download its data and use it to figure out exactly what happened.
August 1, 2007
“I literally go through my schedule at the end of each week,” Pino said, “and
The large lawn in front of the Sikorsky Aircraft headquarters building just north of the Merritt Parkway in Stratford, Conn., contains a not-unexpected windsock and helipad.
August 1, 2007
Arinc's new, slimmer Ku-band antenna design for its SKYLink satellite in-flight broadband service is now available. The original antenna, created for Gulfstream, allows a fit in a wider range of tail-mounted radomes on other aircraft, including the Dassault Falcon Jet line and Bombardier's Global and Challenger models.
August 1, 2007
A bill being considered by the U.S. House Committee on Transportation and Infrastructure would give local authorities the right to enforce a nighttime curfew at New York's Westchester County Airport. Almost immediately after H.R.
August 1, 2007
Rockwell Collins is buying Arinc's SKYLink broadband and plans to reintroduce it under its own eXchange brand. According to the agreement, Rockwell Collins will supply the airborne broadband hardware and after-sales support and Arinc will provide the Ku-band satellite service. Arinc will continue to handle SKYLink system sales and
August 1, 2007
A scale mockup of a Boeing 787 interior drew attention at a Boeing Business J
The seventh European Business Aviation Convention and Exhibition, which took place in Geneva in May, broke all records, with attendance up 15 percent from the 2006 event to more than 11,000 and 354 exhibitors, an 18-percent increase. Orders inked at the show-firm and optional-had a total value of nearly $1.7 billion.

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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