Business Jet Traveler » June 2010

June 1, 2010
As the used aircraft market's recovery continues, global issues are surfacing that could temper buyers' enthusiasm. Remember a couple of years ago, when we heard so much about the fast-rising BRIC countries-Brazil, Russia, India and China? Today the focus has shifted to the PIIGS-Portugal, Ireland, Italy, Greece and Spain, all of which have fairly weak economies and high debt.
June 1, 2010
“You are going to spend a whole lot more to find another airplane with its ra
I've heard private jets described in many ways over the years, but this was a first. "It works really good as a canoe," joked Dale Printy, director of technical services for Worthington Aviation, the company charged with product support for the Westwind series of business aircraft.
June 1, 2010
WHAT HAPPENS WHEN A BIG AIRLINE tries running a business jet charter and management subsidiary? In the case of Delta AirElite, what might at first seem like a prescription for disaster turns out to be a near-perfect elixir of airline value blended with the exceptional service and efficiency of private jet travel.
June 1, 2010
When searching for a specific aircraft tail number, it's easy to conclude that all the good ones are taken. The folks who operate the FAA registry in Oklahoma City, however, think they've found a way to make many of these "unavailable" registration numbers magically accessible to the rest of us.
June 1, 2010
One site sends out e-mails twice weekly to registrants who want to stay abrea
It's one of the most visited destinations in the air charter world: the Web. But finding the best ways to take advantage of it has challenged charter providers and customers since the start of the dot-com revolution. Virgin Charter's idea for a one-stop online booking portal closed down almost as quickly as it popped up.
June 1, 2010
Kenn Ricci, who founded Flight Options and left the company in 2003, returned
When industry observers speculate about the future of the four biggest fractional-jet-share providers, the company that often prompts the most discussion is Flight Options. That's because it has arguably undergone more change than its competitors while also lacking the protection afforded by being under a large corporate umbrella.
June 1, 2010
This location and topography create nature's perfect cocktail shaker as cold
Find a wild and unspoiled corner of the world's largest ocean, where thousands of distinct populations of salmon pass by as if on parade from May through September, and you have discovered an angler's idea of perfection.
June 1, 2010
“The [rulemaking] process worked,” said a Transportation Security Administrat
Taking the business aviation world by surprise in October 2008, the Transportation Security Administration proposed regulations that would have subjected private jet travelers to an airline-like security experience.
June 1, 2010
The FAA doesn't require child-restraint systems, but it recommends them. So d
So you're taking the family on vacation in your jet. You'll belt the two-year-old into his own seat and Mom will hold the newborn in her lap. They'll be as safe as can be, right? Maybe not.
June 1, 2010
Nobody knows for sure what Iceland's temperamental Eyjafjallajökull volcano will do next. But the lack of a coordinated response to the ash cloud by air traffic control officials-and the ensuing lengthy shutdowns of air travel across Europe this spring-clearly needs to be remedied. The question is how?

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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