Thursday, March 19, 2009

Gimme - Ferrari & LearJet / Honda Jet




The correlation between ascending to the skies in your own company plane and rising profits may not be a perfect one, but studies show that where you have one, you have the other. Arthur Andersen & Co. recently studied 334 of the Standard & Poor's 500 companies and found that those that acquired business aircraft created 600 percent gains in shareholder value (which includes stock-price appreciation and dividends) over a seven-year period, compared with 463 percent at other companies. Measures of sales and profit also favored those corporations that used business jets.