Business Jet Traveler » April 2012

March 29, 2012
Bentley Mulsanne
With the Arnage growing long in the tooth, Bentley unveiled its new three-ton flagship for an appreciative audience at Pebble Beach in August 2009.
March 22, 2012
Buzz Aldrin
These days, Buzz Aldrin zips around on a JetSuite Embraer Phenom 100 instead of a NASA spaceship. While he is helping JetSuite promote its regional light jet charter service, he also finds that VLJs offer a convenient way to travel to speaking engagements and for space research projects and vacations.
March 19, 2012
William Shatner
William Shatner has been a staple of popular culture for half a century. He is perhaps best known for playing Captain James Kirk on the 1960s television series Star Trek and in more than half a dozen of the like-titled motion pictures that followed. He later served as the omnipresent discount-travel Priceline pitchman and portrayed the lovable lout lawyer Denny Crane on the TV series Boston Legal, for which he won two Emmys and a Golden Globe award. Turn on your television anytime in recent years and there he was, holding court on his cable interview show Raw Nerve, cooing over antiques with the History Channel guys on American Pickers, roasting bad-boy actor Charlie Sheen on Comedy Central, reading Sarah Palin’s Tweets as poetry parody on The Tonight Show, appearing on the CBS sitcom $h*! My Dad Says, awakening the crew of the Space Shuttle Discovery on their final mission or presenting a country music award.

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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