Glossary 商务航空语言入门

Buyers' Guide - China Edition » 2012
An FBO provides passenger and pilot lounges, aircraft parking, fuel and other amenities.
Monday, March 26, 2012 - 8:30am



If you aren’t a pilot, some of the aviation-related terms you encounter may seem confusing. Here’s a glossary to help assure that when you hear words and acronyms from industry people, you’ll nod with understanding instead of pausing with puzzlement.


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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