Business Jet Traveler » August 2009

September 1, 2009
I decided to post news updates from this year's Paris Air Show using the microblogging site Twitter, just as an experiment in online social networking.
September 1, 2009
Aerion reports that it is close to picking a manufacturing partner to lead development and production of its supersonic business jet. According to the Reno, Nev. company, it will then work with the manufacturer to confirm the Mach 1.6 jet's performance, costs and market. Aerion anticipates that the $80 million jet could be certified by late 2015.
September 1, 2009
Some parts must be periodically replaced, regardless of the number of times t
It's understandable that no equivalent to your local auto-parts store exists for business jets. Aircraft maintenance records must be documented scrupulously, and the pedigree of every nut, bolt and washer has to be recorded for possible FAA review. So, when it comes time to replace a fuel pump or engine mount-or even a tire-it makes a difference where the part comes from.

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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