TOM BUFFENBARGER heads the powerful International Machinists union, which has more than 90,000 members who work in the aerospace industry. He says he'll be watching President Obama's State of the Union address in January, and is hoping to hear an eight-word phrase he says is long overdue: "Business aviation is vital to America's economic recovery."
Commentary » Up Front
December 1, 2009
October 1, 2009
The reasons behind Richard Santulli's sudden departure from NetJets have been the subject of speculation for weeks. Sources tell us he was forced out for failing to move aggressively enough to stem financial losses at the fractional-ownership giant. Others say he fell out of favor after rejecting calls to let go of senior managers who'd worked alongside him for years.
September 1, 2009
I decided to post news updates from this year's Paris Air Show using the microblogging site Twitter, just as an experiment in online social networking.
August 1, 2009
I'm a numbers guy, always have been. I can remember studying the stock quotes in The Wall Street Journal when I was a kid, scanning for companies I recognized and trying to recall what my father had said about the importance of each column of tiny figures.
June 1, 2009
It's an interesting time to be taking over the editorship of a magazine, especially one called Business Jet Traveler.
April 1, 2009
Business aviation has been taking it on the chin ever since Congress began pummeling the Big Three auto CEOs in December. Now any company that has taken bailout money is fair game for similar direct hits, if there is even a hint that it might be using business aviation to make itself more efficient. Citigroup unintentionally grabbed the spotlight with its order for a Dassault Falcon 7X.
February 1, 2009
December 1, 2008
News is 95 percent negative. I just made that up, but I'd bet my 401(k) that I'm within the statistical margin of error. Not that my 401(k) is worth close to what it was two months ago. At this rate I'll be working until I'm 90.
October 1, 2008
When we launched Business Jet Traveler magazine in October 2003, the stock market and the U.S. economy were struggling to recover from their spectacular fall following the dot-com meltdown and 9/11. The Dow Jones Industrial Average was at about 9,500, a level it had first passed through in early 1999 on its way up.
August 1, 2008
In the same week in June, several airlines announced they would be grounding airplanes, reducing capacity and eliminating jobs, mainly because of soaring fuel prices. Meanwhile, the Stanford Transportation Group, a San Francisco-based consulting firm, reported the results of its biennial analysis of premium passenger activity in the U.S. airline and business aviation markets.
“You’re absolutely right—and you can’t stand up in your [expletive] Rolls-Royce, either.”
-William Lear, in the early '60s, replying to a man who complained that he couldn't stand up in the original Lear Jet
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