Business Jet Traveler » February 2012

February 1, 2012
The Bell 407 reminds me of a Mercedes Sprinter van. It's a vehicle with amazing versatility that can be used for virtually any mission: ambulance, cargo, law enforcement, firefighting, military scout and gunship, offshore oil support, utility and, of course, executive transport.
February 1, 2012
Business Aviation in China
As Shanghai prepares to host the Asian Business Aviation Conference & Exhibition in March (see page 38), the bizav industry appears to be at a pivotal point in China. The private aviation age has dawned here, but it remains a somewhat foggy dawn with reduced visibility for anyone wanting to operate business aircraft in the country.
February 1, 2012
Busted by Brazil
A horrific midair collision over the Amazon jungle in 2006 was just the beginning of this travel writer's troubles. Then came five years of court battles and, finally, a conviction for supposedly dishonoring the entire nation of Brazil.
February 1, 2012
Air Partner’s Philip Mathews
Phil Mathews wanted to be a pilot since childhood, but bad eyesight precluded that dream. Instead, after graduating from England's University of Buckingham in 1989, he began a job as a check-in agent at London's Gatwick Airport. He was hired just for summer vacation, but he wound up being promoted to flight dispatcher and manager of general operations and spending four years there.
February 1, 2012
The last few years haven't held much in the way of surprises for the used-jet market and I suspect 2012 won't, either.
February 1, 2012
The world's leading luxury yacht builders and shipyards will display their products and services at the 20th annual Dubai International Boat Show from March 13 to 17.
January 31, 2012
Two Star Generals
Nearly three years ago, many were writing off General Motors for dead. They would have been right had the U.S. government not decided that the company–or more correctly, its huge workforce and the employees of all the suppliers that depended on it–was too big to fail.
January 24, 2012
I've hunted wild ducks, grouse, pheasants and other game birds with varying levels of enthusiasm for 40 years. But I had never seen anything like this: two resplendent four-foot-tall adult male wild turkeys, all bronze and black and iridescent, galloping on stilt-like legs across a cattle pasture the size of two football fields.

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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