Business Jet Traveler » February 2011

February 1, 2011
The tone of some Web posts sounded like the language grandparents hear from y
Last july and august, nascar internet discussion boards swirled and smoked like a winning car churning victory donuts after a race. Jack Roush had just wrecked his jet (N6JR)-his second serious crash flying "little" airplanes. The auto-racing legend and founder of Roush Fenway Racing walked away from this one-staggered, actually-bloodied, blinded in one eye and with several cracked bones.
February 1, 2011
HondaJet has completed the first flight of its FAA-conforming advanced light business jet. The aircraft employs the GE Honda Aero HF120 engine, which is more powerful than the Honda-designed and -built HF118 used in the prototype HondaJet. In addition, its production-conforming cockpit features the Garmin G3000 touchscreen-controlled avionics system.
February 1, 2011
Richard Childress
For Richard Childress Racing (RCR), nearly every weekend from February through November is an "away game." While RCR's nascar teams may be tethered to their North Carolina headquarters, every few days they fly off to diverse points across the U.S.-and not via the airlines.
February 1, 2011
Supposed stimulants for asset purchases based on tax breaks often have little
The good news about business aircraft financing today is that the money is back. One of the first consequences of the 2008 Wall Street meltdown was that capital disappeared faster than free beer. Many aircraft lenders still proclaimed that they were "ready to do deals," but often they lacked the financial horsepower to deliver on that promise.
February 1, 2011
An Airbus A380 proposal for a lounge by Edése Doret reflects the Middle Easte
The next generation of widebody business jets is coming, and not a moment too soon. The cabins in the current fleet-once outfitted with the latest technology and considered luxurious-are really starting to show their age.
February 1, 2011
When an emergency happens, crews who have trained with full-motion simulators
Business aviation pilots must be ready for everything from bad weather to air-traffic-control problems to the failure of onboard computers. But training in an airplane to handle such situations can be both expensive and dangerous-hence the need for flight simulators. 
February 1, 2011
The Global hit the market as the fastest and most comfortable long-range busi
The uber jet's rarefied air was new territory for Bombardier when it announced the long-range, large-cabin Global Express in 1991. Bombardier's challenge to Gulfstream's dominance of the market for large corporate jets was fraught with perils that would show up on early-production aircraft nearly 10 years later.
February 1, 2011
“Fractional is slightly more than 50 percent of our business,” said Citationa
Not long ago, the idea of selling fractional shares in business jets looked like a winner. Industry pioneer NetJets-which Warren Buffett had acquired for Berkshire Hathaway in 1998-appeared prosperous, and so did the several other companies that had formed to take advantage of the business model.
February 1, 2011
While the King Air 250’s performance is impressive, you can enhance it even f
Hawker Beechcraft took the wraps off its latest 200 series King Air last October. Deliveries of the King Air 250 turboprop will begin later this year.
February 1, 2011
Bam! i pulled the trigger while peering down the barrels at a rocketing blur
The English setter froze, its lithe feathery white tail high in the air. "Move ahead to the right," directed Bill Thacker, who was decked out in fluorescent orange with various whistles and training devices draped from his belt. As I walked briskly with my 20-gauge Beretta over-under shotgun held aloft from my chest, fingering the safety, I could hear faint rustling and chirping.

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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