Business Jet Traveler » August 2011

August 1, 2011
The latest Avro Business Jet (ABJ) executive version of the Avro RJ regional
For some business jet buyers, money isn't a consideration. Such buyers can focus on completing or refurbishing a cabin to reflect their tastes and lifestyle and needn't worry much about what others will think of it. That group should now turn to the next story.
August 1, 2011
Transformation is one of the most extraordinary themes of the human experience. We strive for it, experience it, witness it–sometimes even dread it. But one thing we can be sure of is that constant change and evolution surround us.
August 1, 2011
While plenty of companies used private lift in the first half of the last century, business aviation really took off after World War II, thanks to the availability of inexpensive former military aircraft and out-of-work pilots and the development of purpose-built jets like the Sabreliner and Lockheed Jetstar.
August 1, 2011
Ernest Hemingway was just one of the characters who engraved the Club in popu
For more than seven decades, the Bimini Big Game Club was a larger-than-life destination on this tiny Bahamian island just 50 miles off the Florida coast.
August 1, 2011
Kieler Woche is the world’s largest sailing event and the largest annual fest
The Jutland Peninsula–which Germany and Denmark share and which separates the North Sea from the Baltic–includes a region that was once the independent kingdom of Angle. This is where the English language originated and the Danish Vikings headquartered. On top of its colorful past, however, Angle has an enjoyable present.
August 1, 2011
Most of the time, business aviation makes air travel painless and trouble-free. That's what you're paying for and that's why you love it.
August 1, 2011
The National Championship Air Races and Airshow will once again be held at Reno Stead Airfield in Reno, Nev. Scheduled for September 14 to 18, this is the last pylon racing event in the world, where seven classes of aircraft race around the course–sometimes at more than 500 mph.
August 1, 2011
Six couples were treated in June to a private cooking, sushi-rolling and sake-tasting class led by Iron Chef Masaharu Morimoto (in photo) as part of a promotion by Flexjet.
August 1, 2011
“As we live a life of ease, Every one of us has all we need, Sky of blue and
The latest hot asset among the world's billionaire elite, according to a recent story on Yahoo! News, isn't the newest or biggest private jet. It's a submarine. The news service reported that Microsoft magnate Paul Allen, film director James Cameron and Russian oil billionaire Roman Abramovich are among the 100 or so owners of private submarines plying the seven seas.
August 1, 2011
The National Business Aviation Association (NBAA) has responded to a Wall Street Journal article that criticized corporate jet use.

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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