People

June 1, 2007
“When we first started growing, even our board was hesitant to believe that w
When Steve Hankin left Starwood Hotels & Resorts to become CEO of Sentient Jet three years ago, the Weymouth, Mass.-based jet-card provider was "a very small company," he said recently. It's bigger now, but exactly how much bigger is anybody's guess. As Hankin told us when we asked about revenues and hours flown, "We've never revealed that.
June 1, 2007
-Warren Buffett, in his typically folksy annual letter to stockholders of Berkshire Hathaway, which owns NetJets
June 1, 2007
Frederick Price
Nothing in Frederick Price's early life suggested that he would one day lead a congregation of thousands and fly around in a private jet. He grew up poor, in a nonreligious household, with an alcoholic father, and he suffered during childhood from an inferiority complex and a variety of phobias.
April 1, 2007
-Canadian businessman Al Kroontje, on his first flight in his Sierra Stallion, a converted Citation 501SP with enhanced range and speed.
April 1, 2007
“My employees really appreciate that we can transport them to a destination q
If a desire to see the world helped entice a young Hank Cintron to sign up for military service, it's a good bet that he wasn't disappointed. He joined the Army from an ROTC program at the University of Puerto Rico at age 21 in 1975, and by the time he retired as a lieutenant colonel two decades later, he had worked everywhere from Venezuela and Nicaragua to Germany and Kuwait.
April 1, 2007
“I’m very engaged, but I try to avoid bungee jumping into other managers’ bus
If 10 years ago you had peeked into the cockpit of almost any business aircraft or airliner in the world, you would have seen a large, boxy flight bag holding several thick leather binders with the words "Jeppesen Airway Manual" embossed on the cover.
February 1, 2007
-60 Minutes producer John Hamlin, in The New York Times
February 1, 2007
"The only reason I got a driver's license was so I could get to the airport," said Robert G. "Bob" Watkins, who has been piloting his own aircraft for 46 years.
February 1, 2007
"I spent a lot of time talking to venture capitalists. It was one of the most
Frank Robinson readily admits he's not your typical CEO. "When I worked for the big aerospace companies, I was always a bit of a maverick," he explained to me in his relatively small, Spartan office just off the production floor of Robinson Helicopter Co. in Torrance, Calif. "I don't think I could have gotten anywhere if I had stayed with any of them.
December 1, 2006
-NetJets CEO Richard T. Santulli, in The New York Times

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““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