Corporate Jets

FEC Reverses Lawmakers' Self-Restriction On Corporate Jets; Senate "Should Be Furious": NYT Editorial

The New York Times | Posted 12.01.2009 | Politics


The Federal Election Commission -- the supposed referee of fair campaigning -- has just created an ethics loophole big enough for lobbyists to fly a c...

Congress Orders Private Jets For Lawmakers' Travel

Wall Street Journal | Posted 09.07.2009 | Politics


Congress plans to spend $550 million to buy eight jets, a substantial upgrade to the fleet used by federal officials at a time when lawmakers have cri...

Corporate Jets and Executive Compensation May Not Be All Bad -- A Media House Cleaning

Brian Ross | Posted 05.08.2009 | Media


Brian Ross

Even if Average Joe is not a wonk, surely we can tell the story in a way that presents the facts more completely, instead of the smoke-and-mirrors scandals of this airplane or that deal.

Bailed Out JPMorgan Buying Private Jets, Airport Hangar

ABC News | Brian Ross, Joseph Rhee and Megan Chuchmach | Posted 04.23.2009 | Business


Embattled bank JPMorgan Chase, the recipient of $25 billion in TARP funds, is going ahead with a $138 million plan to buy two new luxury corporate jet...

Drinking Good for Depression? The Possible Repeal of Religious Repression

Warren Holstein | Posted 03.27.2009 | Comedy


Warren Holstein

Following in the footsteps of Franklin Roosevelt, many states are now advocating an end to what many boozers and businessmen alike deem antiquated puritanical pap. The Christian Right is not amused.

Demand For Business Planes Falls For First Time In 5 Years

AP | David Koenig | Posted 03.20.2009 | Business


DALLAS (AP) -- Battered by recession and bad publicity, sales of general-aviation aircraft favored by businesses fell last year for the first time i...

The Show Must Go On At Fashion Week, Despite the Economy

Vicky Ward | Posted 03.19.2009 | Style


Vicky Ward

Fashion week is an apt metaphor for what we are all doing -- getting on with our lives, still enjoying the "pick-me-ups" like lunches or dinners with friends, but in a different way from before.

BofA To Sell Gulfstreams, Luxury Apartment

NBC | Charlie Gasparino | Posted 03.07.2009 | Business


Bank of America, reacting to the recent controversy over executive perks, plans to sell three of its seven corporate jets, sources inside the bank tel...

Obama Officials Tell Citibank To Ditch Plans For $50 Million Private Jet

ABC/Huffington Post | Katharine Zaleski | Posted 02.27.2009 | Business


According to a report from ABC News, President Obama is not taking kindly to corporate greed, especially when it's funded by taxpayer money. Read more...

Citi Jet Purchase: $50 Million, 12-Seat Plane Despite $45 Billion Bailout

Huffington Post | Danny Shea | Posted 02.27.2009 | Business


The New York Post's Jennifer Keil and Chuck Bennett reported in Monday's paper that Citigroup, which has received $45 billion in government bailout fu...

Toyota Projects First-Ever Annual Loss; Congress Disses Detroit

Steve Parker | Posted 01.23.2009 | Business


Steve Parker

Congress took a perverse pleasure in giving Detroit's CEOs and the UAW president the third degree -- unnecessary theater while our country suffers this economic decline.

Time: Why CEOs, Including The Big Three, Should Fly Private

Time | Bill Saporito | Posted 01.03.2009 | Business


When the heads of the Detroit Three auto companies return to Washington this week to testify before Congress about their restructuring plans, they won...

GM, Ford Will Sell Corporate Jet Fleets

ABC News | http://www.huffingtonpost.com/2008/12/01/christopher-hitchens-batt_n_147598.html | Posted 01.02.2009 | Business


Ford and General Motors will sell their fleet of corporate luxury jets, the two struggling auto companies announced today. The move comes two weeks a...

Loss Of Corporate Jet Made It Too Hard To Get To Corporate Fishing Camp

Footnoted | Michelle Leder | Posted 12.26.2008 | Business


Every now and then, we come across something in a filing that just makes us slap our head and say, "What the heck were they thinking?". And that's exa...

GM CEO To Continue Flying Private, Company Will Downsize Jet Fleet

abcnews.go.com | Posted 12.22.2008 | Business


From ABC News: General Motors said today that it is putting two of its five corporate jets out of service because the planes are not being used enoug...

Big Three CEOs And Their Private Jets (PHOTOS)

Huffington Post | Posted 12.21.2008 | Business


The CEOs of the nation's biggest three automakers flew to Washington DC yesterday to make their case before congress that the auto industry is despera...

What to do with Detroit?

Dave Winer | Posted 12.21.2008 | Business


Dave Winer

We're giving Detroit money we don't have to feed and house their employees and bail out their suppliers. We're doing it to save our country, not to save the auto industry as it's currently configured.

Stepkid Of Qwest Exec Takes Corporate Jet To School

New York Times | DealBook | Posted 03.28.2008 | Business


Some high school students will be making their way back to school this week on a bus, or, if they are lucky, in their very own car. But the stepdaught...