Business Jet Traveler

April 1, 2008
The number-one competitor to fractional is two guys getting together and buyi
Paul Touw had barely finished high school when his entrepreneurial spirit started paying dividends. Enrolled at University of the Pacific in Stockton, Calif., and short on tuition funds, he noticed that the physics department lacked good lab books.
April 1, 2008
In recent months, Boeing Business Jet prices started bumping up by an incredi
The continuing low-interest-rate environment coupled with a weak U.S. dollar against many international currencies and long backlogs of orders for new jets continue to buoy the used-aircraft market.
April 1, 2008
In his annual letter to Berkshire Hathaway shareholders, investment mogul Warren Buffett said the company's flight-services division-which includes fractional provider NetJets and aviation training company FlightSafety International-set a record last year with pre-tax earnings increasing 49 percent to $547 million.
February 1, 2008
The FAA's scrutiny of Part 135 operational control has spurred an interest in operational control of Part 91 business jets.
February 1, 2008
Boating and fishing enthusiasts will find plenty to interest them at the Savannah International Boat Show, to be held February 29 to March 2 at the Savannah [Ga.] International Trade and Convention Center.
February 1, 2008
The position of the propellers on the MU-2 means that passengers will notice
Over the years, Mitsubishi's MU-2 has attracted a good deal of attention, much of it negative, as the airplane has developed-perhaps unfairly-a reputation for crashing. Often ignored in these instances, however, is the pilot: flying the airplane requires the same discipline and professionalism as flying a high-performance jet.
February 1, 2008
The Eurofighter Typhoon and the Bugatti Veyron at the start of the “ultimate”
When the British television series Top Gear decided to create the definitive airplane vs. automobile race, host Richard Hammond got behind the wheel of what is arguably the world's fastest street car-the 1,001-horsepower Bugatti Veyron.
February 1, 2008
The Learjet 45 is a popular model, and inventory of this mid-sized jet has de
In the first quarter of 2006, phones weren't ringing for used-jet sellers. Last year, the situation was the opposite, as activity out of the gate was head-spinning and never slowed. It's anybody's guess how '08 will unfold, but one thing seems clear: no longer does the market's health depend solely on the U.S.
February 1, 2008
Do you have a favorite in-flight meal or caterer you’d like to see featured h
The Dish: Fresh, grilled Hawaiian escolar, marinated in lemon juice, olive oil and herbs, garnished with fresh vegetable. The Caterer: Kahler In-Flight Catering, Rochester, Minn.; (507) 280-6200; www.kahler.com.
February 1, 2008
“Most people flying private would pay a 20-percent premium for the benefits f
"I started when I was six," said Michael Scheeringa, when asked how he wound up in aviation. "I grew up in Phoenix, and when I was in grade school, I used to take the city bus to the airport and watch airplanes take off and land, and count passengers. At that point, I thought I'd want to build airports."

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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