Who Answered Our Survey?

Saturday, October 1, 2011 - 6:00am

If you and your company owned an aircraft in the past three years, please indicate the manufacturer.
Cessna 27%
Hawker Beechcraft   17%
Bombardier 13%
Gulfstream 12%
Dassault 10%
Other 21%

If you’ve owned a fractional share in the past three years, what company provided it?
NetJets 45%
Flexjet 18%
CitationAir 14%
Flight Options 10%
Avantair 8%
PlaneSense 6%

What is the size of your largest, most recently owned share?
1/8  35%
1/16  33%
1/4 15%
1/32  8%
1/2 8%

If you’ve owned a jet card in the past three years, what company provided it?
Marquis 34%
Sentient 16%
Flexjet 13%
CitationAir 8%
Other 29%

What is the dollar value of your most recently owned jet card?
$100,000-$250,000  42%
$50,000-$100,000 17%
$250,000-$500,000 16%
Less than $50,000 14%
More than $500,000 12%

What is the flight-time value of your most recently owned jet card?
25-50 hours   51%
Less than 25 hours 30%
More than 50 hours 20%


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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