Business Jet Traveler

February 1, 2007
-60 Minutes producer John Hamlin, in The New York Times
February 1, 2007
Swiss-based charter and aircraft management specialist PrivatAir has become one of the first purchasers of an executive/VIP version of Boeing's new 787 airliner. The aircraft will complement PrivatAir's already substantial Boeing fleet, which includes a 767, a 757, a BBJ2 and three BBJs.
February 1, 2007
Opposition to user fees for general aviation aircraft remains on the front burner this year for the industry's advocacy groups.
February 1, 2007
Do you have a favorite in-flight meal or caterer you’d like to see featured h
The Dish: Organic breakfast quiche. Pan-seared shitake mushrooms combined with tender baby spinach, organic whole milk and farm-fresh eggs. Served with heirloom melons and berries. The Caterer: Chefs With Altitude, El Segundo and Irvine, Calif., (877)-CWA-4141, www.chefswithaltitude.com.
February 1, 2007
"I spent a lot of time talking to venture capitalists. It was one of the most
Frank Robinson readily admits he's not your typical CEO. "When I worked for the big aerospace companies, I was always a bit of a maverick," he explained to me in his relatively small, Spartan office just off the production floor of Robinson Helicopter Co. in Torrance, Calif. "I don't think I could have gotten anywhere if I had stayed with any of them.
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
Is fractional ownership right for you? Or would a jet-card program, a block-charter card program, on-demand charter or maybe even whole-aircraft ownership better suit your needs?
December 1, 2006
Business aviation, long exempt from the government security rules applied to airlines, will begin finding things different, and perhaps more onerous, at certain European airports.
December 1, 2006
I said, “I’m gonna get me a private jet. If I had my own airplane, I’d be out
The quintessential self-made man, Michael Harrah launched his career with nothing but competitive zeal and a carpenter's toolkit. About 35 years later, he is the sole owner of Caribou Industries, which has built and managed restaurants, high-rise offices, hotels, golf courses, shopping malls, convention centers and other properties throughout the western U.S.
December 1, 2006
A clear understanding of the partnership between aircraft owner and managemen
Chartering out your jet when you don't need it can seem like a no-lose proposition. It's certainly not earning you any money sitting in a hangar. On the contrary. So why not put it to work to help defray your ownership costs? You may well want to do just that, but not before you've carefully weighed the pros and cons.

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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