People

December 1, 2007
“I could never do what I do without the knowledge that I can drive to the air
An interviewer once asked an attorney what would be his worst courtroom nightmare. "Seeing Fred Furth sit down at the opposing table," he said.
December 1, 2007
“In emerging markets like Eastern Europe, Russia, Asia and the Middle East, c
Dreams do come true, and Luis Carlos Affonso is proof. An aeronautical engineer and private pilot, he took over in the spring of 2005 as executive vice president of the newly formed Embraer Executive Aviation division, a position he described as "just where I want to be."
December 1, 2007
-Pro golfer Douglas Tewell
October 1, 2007
-Texas billionaire Robert M. Bass, who is financing an effort to build the world's first supersonic business jet
October 1, 2007
“We didn’t plan it, but lo and behold, I found we were making money with the
Michael Pascucci wanted to go to Florida. Never mind that he was only 13 and supposed to be in school. He bought an old Ford from a neighbor for $45; taught himself to drive; skipped out of classes in Manhasset, N.Y.; and, along with three friends, headed south.
October 1, 2007
Though he is no longer under the employ of a corporation, you can't really call Brian Barents retired. Being on the boards of five aviation companies-including serving as vice chairman of Aerion Corp., which is planning to develop the first supersonic business jet-keeps him almost as busy as when he was running other companies and was active in the Michigan and Kansas National Guards.
October 1, 2007
“Short of a complete global meltdown or another 9/11, I don’t see anything sl
Josh Mesinger is vice president of J. Mesinger Jet Sales, a Boulder, Colo. corporate jet brokerage and consulting firm founded by his father, Jay. The younger Mesinger joined the company eight years ago, after graduating from George Washington University.
August 1, 2007
-Shanghai-based journalist James Fallows, in The Atlantic
August 1, 2007
On the ground, Banks’ Citation S/II doubles as a lounge chair.
Walter Banks grew up in the hotel business. When he was about two years old, his father bought and began managing the historic Cavalier Hotel in Virginia Beach, Va. Then in 1960, when Walter was 17, his dad sold that property and purchased Fort Lauderdale's Lago Mar Resort and Club.
August 1, 2007
“We believe that there’s a big opportunity for the whole-plane car-service-wi
Starting a company was the last thing on William Herp's mind when he caught the aviation bug in 1996. In fact, he'd already launched several businesses and was in the midst of a break from his entrepreneurial efforts.

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““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