““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 ”
Linear Air Partners with Online Search Site
You can now price and book Linear Air charter flights via online travel site Hipmunk.com. Linear Air offers departures in the Boston area from Boston Logan (BOS), Bedford Hanscom (BED), Beverly Municipal (BVY) and Norwood Municipal (OWD), and in the New York City area from LaGuardia (LGA), JFK International (JFK), Westchester County White Plains (HPN), Teterboro (TEB) and Newark (EWR). The company serves most major cities east of the Mississippi, including those in Canada. Its aircraft can fly 700 miles nonstop.