BJT Waypoints

January 26, 2012
Lufthansa Private Jet Coming To North America
Lufthansa announced January 23 that it will introduce its Lufthansa Private Jet service to the North American market on February 1. The service–which the company already offers in Europe in conjunction with NetJets Europe–will connect 21 North American cities served by Lufthansa and Swiss airlines.
January 26, 2012
Charter Operator Donates to Help Animals
San-Diego charter firm Schubach Aviation ended its yearlong “One Cent Per Mile” fundraising campaign for orphaned animals by donating $10,160 to Helen Woodward Animal Center, which is also located in San Diego. Schubach began the campaign in January of last year, promising to donate one cent for every mile flown by its 15 aircraft through the end of 2011.
January 26, 2012
Martha Stewart Creates Menus for Charter Operator
Martha Stewart is now flying charter through Farmingdale, N.Y.-based Talon Air and she appears in a lengthy video featured on the private aviation services' company website. Stewart created breakfast, lunch and dinner recipes that will be prepared by Talon Air chefs and served onboard with recommended wine pairings.
January 26, 2012
New Technology Helps Travelers Spot Fake Drugs
A new technology can help ensure the safety of medications that sick travelers buy overseas. Mobile Product Authentication, developed by software company Sproxil, allows purchasers to use their mobile devices to send a unique code on the drug packaging to the manufacturer.
January 26, 2012
La Bella Macchina 2012
Jet Aviation hosted its 12th annual La Bella Macchina (“The Beautiful Machine”) event at its Palm Beach, Fla. facility on January 19.
January 12, 2012
Lynmar Estate
La Sereinite Chardonnay 2009 ($70). This smooth-tasting Chardonnay from Lynmar Estate (www.LynmarEstate.com) is very complex with notes of jasmine and orange peel. It’s perfect before, during and after dinner.
December 20, 2011
Cessna's third Veterans Airlift Command mission
Cessna Aircraft Company’s third Veterans Airlift Command mission delivered wounded Private First Class Shawn Williams home to Wichita on December 14.
December 20, 2011
An iPhone application is now available for travelers who are afraid to fly
An iPhone application is now available for travelers who are afraid to fly.
December 20, 2011
 Private JetMD, a new worldwide medical-assistance program
A new worldwide medical-assistance program is now available for travelers looking for greater peace of mind. Private JetMD provides members with $1 million of coverage for travel-related accidents or illness.
December 20, 2011
Corporate Angel Network's first flight,1981.
Corporate Angel Network will mark the 30th anniversary of its first flight on December 22. The charity, which arranges free transportation to treatment for cancer patients and their families using empty seats on corporate jets, typically assists 250 to 300 patients each month and to date has flown nearly 40,000. On Dec. 22,1981, Leonard Greene--founder of SafeFlight Instrument Corporation and CAN’s cofounder--piloted the first CAN flight, which carried a 16-year-old boy from a New York treatment facility to his home in Detroit for Christmas.

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