Bizav Basics » Charter/Cards/Frax

February 1, 2010
Has there ever been a better time to be a charter customer? Rates have declined significantly and aircraft  availability is unfettered. Yet some charter operators are advising regular customers that now is the time to consider buying an aircraft, and more charter users are seeking acquisition advice on their own, according to some charter companies.
September 1, 2009
Providing aircraft at locations all over the U.S. on short notice is no small
Suze Orman didn't pause before answering when I asked whether she'd ever considered replacing her charter flights with a fractional jet share. "I think they're rip-offs," said the personal-finance guru, in an interview that appeared in our April/May 2009 issue.

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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