Business Jet Traveler

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.
February 1, 2007
The Airbus A380 double-deck airliner has received joint type certification approvals from both U.S. and French aviation authorities. At 1.19 million pounds and with 6,819 square feet of floor space, it is the largest airliner ever built.
February 1, 2007
The Homestead is “like a cruise ship in the mountains.”
Driving past bright green fields adorned with lazy dairy cows along Virginia's Route 220, you get the sense that you're entering a world where you can completely unplug yourself from the nine-to-five grind. You are-but you don't necessarily have to unplug all the way.
February 1, 2007
With prices ranging from $3,000 to $28,000, Jeffersons tours offer Europe’s f
Jeffersons, a UK-based luxury-tours operator, has introduced a series of "short break" business  jet vacation packages. The trips, lasting one to four days, use chartered jets to fly customers to some of Europe's most exclusive resorts and destinations.
February 1, 2007
Business jet pilots dedicate themselves to safety, but also to delivering passengers to their destinations on time. Occasionally, the latter goal interferes with the former and the folks in the cockpit take risks you might view as, well, overly risky.
December 2, 2006
Business jets were involved in 18 nonfatal and three fatal accidents during the first nine months of 2006, compared with 16 nonfatal and one fatal accident in the same period last year. Despite the increase in fatal accidents, the number of deaths remained the same, at eight persons, according to safety analyst Robert E. Breiling of Boca Raton, Fla.
December 1, 2006
In the late 1960s, NASA was looking around for an aircraft that would do a good job of training astronauts to practice space shuttle landings. The agency selected the Gulfstream GII, and that says a lot about the airplane.
December 1, 2006
Winter flying might be considered better or worse than summer flying, dependi
For private jet travelers intent on satisfying their own "urge for going," winter flights south often begin with a quick, cold dash from the limo or terminal across a wind-blown, icy ramp to a toasty preheated cabin. The rest of the flight passes in climate-controlled comfort until you emerge-relaxed and refreshed-to take on the sun.
December 1, 2006
According to Embraer, buyers of its Legacy 600 business jets can now use the Multi Service Aviation Affinity Card at airports worldwide to pay for fuel, maintenance, catering, landing fees and other charges. The Brazilian manufacturer has also announced that U.S. Bancorp's U.S.

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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