Business Jet Traveler

December 1, 2008
Magellan Jets' Voyager Program is offering a 10-percent discount on the next flight if your aircraft isn't ready to depart at the scheduled time. Membership in the program costs $250,000, which is applied to flight charges.
December 1, 2008
Block charter and jet card programs can be great options. Not only do they simplify the booking process, they also provide benefits, such as discounted fees and, on occasion, guaranteed airplane availability and upgrades.
December 1, 2008
Business Jet Traveler Television (www.BJTtv.com) has posted an online video companion to the magazine's comprehensive Buyers' Guide 2008.
December 1, 2008
As forecast in our previous issue, Gulfstream announced the G250 at the National Business Aviation Association convention in Orlando, Fla., in October. The jet falls into the super-midsize category and will cost about $24 million.
December 1, 2008
What you'll pay for air charter varies not only by aircraft type and model but by region. Here are the average per-hour rates for popular aircraft nationally and in the Southwest U.S., now and a year ago. Look for price data for other parts of the country in future issues.
December 1, 2008
Don’t let fractional hours go unused; donate them to nonprofits that will use
For those facing life-threatening diseases, war-related injuries or other equally devastating hardships, the holidays can be an especially difficult time. Here's one way you can lend a hand: Donate unused fractional flight hours to a charity that will use them on behalf of the needy.
December 1, 2008
Per-seat, on-demand charter operator DayJet has ceased operation. The Boca Raton, Fla.-based company was in business barely a year, offering an air-taxi service covering much of the U.S. Southeast. DayJet blamed its September shutdown on its inability to arrange financing in the midst of the current global financial crisis.
December 1, 2008
A prominent aviation lawyer complained to me recently when his outraged client discovered he was being "back-to-backed." The lawyer wasn't pleased either, but he acknowledged that so-called back-to-back transactions are common in the business jet marketplace.
October 1, 2008
"What a different scene we found at the island! It is sparsely populated and
"All of Croatia is beautiful," Slobodan Vrdoljak corrected me jovially. He is the man to contact for people flying by private jet to Zadar, on the country's Dalmatian coast. (See "Zadar Airport," on page 38.) Having only recently arrived here, we were lounging with him in the airport coffee shop.
October 1, 2008
A demonstration flight can help you determine whether the cabin size and conf
You probably wouldn't dream of buying a car without test-driving it. Yet people sometimes purchase airplanes they have never flown in-or even seen. Some of these buyers rely on a trusted business associate or flight crewmember to look at the aircraft for them, but this is a risky idea. If you're purchasing the airplane and will be riding in it, you'd be well advised to check it out yourself.

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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