Where the ‘Unsinkable’ Titanic Sank

Business Jet Traveler » April 2012
Where the ‘Unsinkable’ Titanic Sank
Where the ‘Unsinkable’ Titanic Sank
Thursday, May 3, 2012 - 11:00am

Looking for something unusual to do this summer? How about exploring the remains of the Titanic from an Mir submersible vehicle at 12,500 feet below sea level? Fifteen-day excursions will begin July 12, July 27 and August 6 and will include lectures and a ceremony to mark the 100th anniversary of the Titanic’s sinking. The per-person cost ($66,257 for submarine divers, $12,498 for non-submarine divers) also covers pre- and post-expedition tours in Halifax, Nova Scotia, and St. John’s, Newfoundland. For more information, contact Kensington Tours at (888) 903-2001.

Want to explore the Titanic without getting wet? Visit the renovated Harlan and Wolf Shipyards, a $100 million state-of-the-art attraction on the site in Belfast, Northern Ireland, where the “unsinkable” vessel was built and launched. Multimedia exhibits focus on the Titanic’s construction and sinking and a live video link lets you view the wreck on the ocean floor. Additional reasons to visit Northern Ireland include the Giant’s Causeway, a World Heritage Site; the charming Antrim Coast; historic castles and castle hotels; first-rate golf courses; and, of course, plenty of Guinness.

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on May 4, 2012 - 5:26pm


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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