Business Jet Traveler » June 2007

June 1, 2007
While few general aviation flights currently land or take off at Washington N
It took four years after the 9/11 attacks for the Department of Homeland Security to reopen Ronald Reagan Washington National Airport to general aviation traffic. These days, though, flying a business jet into the heart of the nation's capital is easier than you might think.
June 1, 2007
Two companies are promoting new child seat-restraint systems for in-flight use.
June 1, 2007
“When we first started growing, even our board was hesitant to believe that w
When Steve Hankin left Starwood Hotels & Resorts to become CEO of Sentient Jet three years ago, the Weymouth, Mass.-based jet-card provider was "a very small company," he said recently. It's bigger now, but exactly how much bigger is anybody's guess. As Hankin told us when we asked about revenues and hours flown, "We've never revealed that.
June 1, 2007
Eos Airlines has expanded its all-business-class New York/ London scheduled service to three flights on weekly peak travel days. The total of 32 flights a week between the two cities includes a third flight from New York's JFK Airport on Sundays, Thursdays and Fridays and a third flight from London Stansted Airport on Sundays, Mondays and Fridays.
June 1, 2007
Gulfstream introduced the aerodynamically advanced G550 in 2003. Its cabin is
The $47.95 million Gulfstream G550 mates the latest bells and whistles to an airframe-engine combination that can deliver eight passengers and a crew of four to destinations up to 6,750 nautical miles away. That's Tokyo to Palm Beach nonstop in 12.5 hours, with reserves.
June 1, 2007
National Business Aviation Association president and CEO Ed Bolen is urging the association's members to protest what he calls a "sweetheart deal" for the airlines that would increase user fees for general aviation.
June 1, 2007
Smoke rises from burning incense at the Hua Ting Buddhist Temple in the Weste
Thanks at least partly to Asia's explosive economic growth, its once-mysterious lands are now jet-close and high-rise-familiar. That's good news if you want to do business there, but it makes your search a bit tougher if you're in the market for an exotic getaway.
June 1, 2007
Chris Bangle’s reinterpretations of the classic BMW form in recent years have
Convertibles get a bad rap from some diehard sports-car purists who dismiss them as semi-serious boulevard cruisers a notch down from where they should be with the rigidity of a hardtop. When the man from BMW said the M6 to be delivered for this evaluation would be a convertible, my sense of anticipation encountered a mild downdraft.
June 1, 2007
R. Randall PadfieldEditor
As I read Jeff Wieand's Taxes, Laws and Finance column, "Your Gray-haired Pilot", I realized that had I not left the cockpit for a writing career in the 1990s, I would now be that pilot, gray hair and all.
June 1, 2007
Resale prices for Model 45s are climbing.
Bombardier's Learjet 45 is a study in contrasts. It is a breakthrough aircraft that had a troubled and lengthy gestation period, and its operators have a strong love-hate relationship with the airplane and its product support.

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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