Business Jet Traveler

February 1, 2007
Timmy (not his real name) is a four-year-old cancer patient. He cannot fly commercially due to his condition. But he must travel several times a year for treatment between his California home and Duke University Hospital in Raleigh-Durham, N.C.
February 1, 2007
Longer loans have led buyers to seek more fixed-rate financing.
The current climate for business aviation financing is not what you might expect. In today's market, you may have to wait three or more years for delivery of a brand-new aircraft. Meanwhile, inventories of many pre-owned models are lower than they've been in several years. With so few aircraft for sale, the financing business must be struggling, right? Wrong.
February 1, 2007
"The only reason I got a driver's license was so I could get to the airport," said Robert G. "Bob" Watkins, who has been piloting his own aircraft for 46 years.
February 1, 2007
Put a gourmet kitchen in your house and a real estate agent will be able to give you a good idea of what you'll get back from your investment when the property sells. But what about upgrading the galley in your GIV? Or refurbishing the interior of a Citation III?
February 1, 2007
The accommodations are accommodating, but will they accommodate man's best friend? Fido Friendly Magazine (
February 1, 2007
The Cheyenne’s relative lack of popularity means it can be had at bargain pri
Piper Aircraft designed the twin turboprop PA-42 Cheyenne III to go head-to-head with Beechcraft's ubiquitous King Air. And on paper, it looked like a winner: cheaper and faster than the Beechcraft, the Cheyenne was also easier to maintain.
February 1, 2007
Citing a desire by the Associação Brasileria de Aviação Geral (ABAG) to assume a more extensive role in organizing the Latin American Business Aviation Conference and Exhibition (LABACE), the National Business Aviation Association in the U.S. has announced that it is scaling back its participation.
February 1, 2007
BMW Rolls BR710 turbofan on GV meets BMW Rolls.
You can buy the flagship Lexus LS460-a fine blend of engineering, craftsmanship and performance-for about $80,000. How can a Rolls-Royce Phantom possibly be good enough to justify costing more than four times as much? That's one question I pondered as a Rolls representative handed me the key to a $353,000 Phantom.
February 1, 2007
Despite concessions by NetJets Europe in a new contract offering in December, the company's pilots are moving to form their own union through the new NetJets European Pilots Association. At press time, a group made up of some of the pilots was expected to incorporate as a trade union under French law and to affiliate with the UK-based Independent Pilots Association.
February 1, 2007
Hand-sewn with silk accents, the carpet features images of alligators, sea tu
When you spend millions for an airplane, its carpet shouldn't look like the nondescript shag rug in your grandmother's living room.

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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