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In April 2019, a jet owned by Occidental Petroleum Corp. touched down in Omaha. Two days later, Warren Buffett's Berkshire Hathaway made a $10 billion investmen
by greatwave1 6y ago
In April 2019, a jet owned by Occidental Petroleum Corp. touched down in Omaha. Two days later, Warren Buffett's Berkshire Hathaway made a $10 billion investment in the company.
Hedge funds have been using corporate flight data to predict M&A activity and investments for years (https://www.bloomberg.com/news/articles/2019-07-02/hedge-funds-are-tracking-private-jets-to-find-the-next-megadeal https://www.bloomberg.com/news/articles/2019-07-02/hedge-fun...), but existing data providers are too expensive for most non-professional investors.
I built this free dashboard using publicly-available data from the FAA and the Open-Sky Network.
- petee 6y agonice! it would be great if flight groups could be colored differently, its a little difficult to figure what youre looking at since you have to deselect all the others
- greatwave1 6y agoThanks! I'll look into changing the colors, but you should be able to isolate one group by double-clicking on it.
- dsl 6y agoI've worked closely with executive protection and corporate security. Despite the occasional screw up it is a "known thing" that hedge funds have been tracking tails for years and rent jets for sensitive meetings. Hedges have also caught on to swapping planes during a refueling stop (Colorado and Nashville were common for this). Companies with multi-plane fleets usually have at least one "anonymously" registered via Aircraft Guaranty or Wells Fargo Trustee Services. (Feel free to email me if you'd like to talk more about this offline).
- fheilz 6y agoDo corporations use their Netjets/Flexjet subscriptions for sensitive flights?
- deleted 6y ago[deleted]