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"The plane business is a bit soft now, but we like it," he said.
"Maybe I'll be able to do the plane business and stay in the music business," he eventually decides.
His charter plane business grew into Trans International Airlines which, in 1968, he sold to the Transamerica Corporation conglomerate for around $100m.
Ryanair said it had considered the Airbus A320 as an alternative since then, and it even looked at the C919 from China, a new entrant in the commercial plane business, possibly to add pressure on Boeing.
They are in the car business, not the private plane business.
Similar(50)
They said some of the employees had been transferred to the company's commercial-plane business, which has rebounded from the recession.
In the latest quarter, sales in the company's large military business rose 9percentt, helping to offset the impact of the recession on the company's commercial-plane business.
Hard, in this case, meant, for instance, telling the car companies that they were out of the car business for a while and, instead, in the tank and fighter-plane business.
In the current regulatory environment, more attention is being focused on the finances of fund management companies, and industry watchdogs see a fund company with a charter-plane business under its roof as being unusual.
Last year it urged EADS (now Airbus Group) to sell its military-planes business, and took on the management of Japan Tobacco.
Mr. Yardeni, chief investment strategist for Deutsche Bank Alex. Brown, was in a plane on business on Tuesday morning.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com