Business Jet Traveler » June 2008

June 23, 2008
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June 1, 2008
Just a few years ago, the term "FBO" would have drawn blank stares throughout most of Asia. Today, the region is savvier about general aviation and more focused on making itself hospitable for private aircraft. Still, travelers should not expect Western-style infrastructure or support.
June 1, 2008
Travel to Asia and the Middle East has become a requirement for many businesses. But while the infrastructure to support business aviation in those areas is improving, it still presents unique challenges for private jet travelers.
June 1, 2008
The FAA has ordered Santa Monica [Calif.] Airport officials to halt implementation of a ban on aircraft with approach speeds greater than 121 knots. Airport director Robert Trimborn had advised airport users that after April 24, "only aircraft in the FAA-designated A and B categories will be allowed to operate" at the facility.
June 1, 2008
The first annual Gulf VIP Executive Jet, Luxury Yacht & Elite Car Interiors exhibition is scheduled for November 11 to 13 at the Bahrain International Exhibition & Convention Center and Bahrain International Airport. More than 150 exhibitors and approximately 5,000 visitors are expected at the show.
June 1, 2008
An FAA proposal to cut airline delays by imposing peak-period pricing to reduce congestion at busy airports is a "bad idea," according to the National Business Aviation Association. The key element of the FAA's proposal is to allow a two-part landing fee based on operations and aircraft weight.
June 1, 2008
A group of former JetBlue executives have launched an operation designed around the Embraer Phenom 100. The company, JetSuite, has ordered 50 of the very light jets with options for 50 more, and plans to lease the aircraft to customers. First deliveries are expected next April.
June 1, 2008
The old joke about Hawkers is that not only are they built like bricks-they fly like them, too.
June 1, 2008
What you'll pay for air charter varies not only by aircraft type and model but also by region. Here are the average per-hour rates for popular aircraft nationally and in the South Central U.S., now and a year ago. Look for price data for other parts of the country in future issues.
June 1, 2008
For technology lovers, today'sbusiness jet cabin is a wonderland, offering everything from moving-map displays with satellite photos to in-flight use of a BlackBerry. And every time you think you've seen it all, along comes another innovation-often for less money than you paid for the product it replaces.

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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