Alt-Data#201tier 3live in productionNew
corporate jet destinations
cadence: Dailydata: highlong only
paper
2023
Source
Bao, J., Edmans, A. (2023). "Do CEOs Travel for Acquisitions?" Review of Financial Studies.
Read the paper →
What it checks
Corporate jet flies to unusual city → possible M&A coming.
Mechanism
FAA-registered corporate jet visits unusual airport (not in baseline 5y top-3) → M&A rumor signal.
No production champion data for this family yet. Stats appear once the discovery pipeline promotes at least one strategy with this family tag.
Signal rule
jet visits non-baseline airport → long 5-30d (acquirer or potential target)
Data dependencies
daily_pricesAdjusted-close OHLCV for every US-listed ticker; primary price feed.
corporate_jet_flightsWorker data table — see services/worker schema.
corporate_jets_lookupWorker data table — see services/worker schema.
Expected edge
- Paper alpha
- +1% to +3% leak
- Paper window
- T+0 to T+30d
event-study; +1% to +3% on M&A leak signal.
Example tickers where this is likely to fire
Illustrative only — the signal fires based on the live data, not a fixed list.
Related families
Explore corporate jet destinations on alphactor.ai
See which tickers this family is currently firing on, with live signals and rankings.