Business Jet Traveler » February 2010

December 1, 2010
The Learjet 31 honored both pocket-rocket legacy and the Spartan cabin spir
When Bill Lear created the Learjet in the early 1960s, he envisioned a small, fast and ­simple airplane, a concept the marketplace embraced. His 20-series and the slightly elongated 30-series ­aircraft that followed sold briskly for more than 20 years, until long after he had left the company.
February 1, 2010
In the market for a boat? The 25th annual Palm Beach [Fla.] International Boat Show, to be held March 25 to 28, will showcase more than $350 million worth of watercraft-everything from powerboats, bowriders and personal vessels to yachts longer than 100 feet.
February 1, 2010
A news story cross-referenced the flight records of corporate jets with regis
Is your jet a business too? Or is it part of the executive compensation package? Among people who never fly privately, probably 99 out of 100 would view it only as the latter. We inside the industry, meanwhile, tend to acknowledge only the former-to a fault.
February 1, 2010
R. Donahue Peebles, a Miami real estate developer, on his Gulfstream IIB Source: NYPost.com
February 1, 2010
Arnold Palmer
Arnold Palmer isn't your typical business jet traveler. A curiosity about airplanes-and a fear of flying on early airliners-led him to the pilot's seat in 1956. He was just 27 then, but his aggressive play on the golf course and magnetic personality already were hinting at the greatness to come.
February 1, 2010
The Bell 429 has inherited some systems and parts from earlier Bell helicopte
You need good reasons to travel by helicopter. Compared with an airplane of similar size, a helicopter costs more to buy, lease, rent, charter and operate. So why bother with one?
February 1, 2010
Unless you’re Bill Gates, obtaining financing is no longer simply a question
The business jet finance field is unique because business jets are unique. For one thing, they move around-fast. A Gulfstream G550 that's in Zurich this morning could be in Tehran tonight.
February 1, 2010
“A man has to be right only three times in his life. Three major decisions ha
Stephen J. Cannell arrived in a black stretch limousine for our interview at Southern California's Van Nuys Airport, where the novelist and TV show creator, writer and producer keeps his Gulfstream III and Learjet 55. The 68-year-old Cannell is handsome and elegant while also exuding a charm that can put anyone around him instantly at ease.
February 1, 2010
After used aircraft inventory reached an all-time high last July, the market sustained a month-over-month decrease in supply, falling 8 percent below its peak of 3,100-plus.
February 1, 2010
This small-cabin (light) jet has lower per-mile direct operating costs than contemporary models such as the dassault falcon 10 and learjet 35A, and the acquisition cost is only 20 percent of what you'd pay for a similarly performing very light jet. Plus, you can tweak a citation i to the point where it even outperforms many new aircraft costing millions more.

Pages

 

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