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Corporate Jets

Company To Curb Controversial CEO's Use Of Private Jet

AP | Posted 01.08.2013 | Business
Read More: Video, Aubrey Mcclendon Bonus, Chesapeake Energy, CEO Bonuses, Business News, Aubrey McClendon, Aubrey Mcclendon Chesapeake Energy Chairman, Aubrey-Mcclendon-Chesapeake-Ceo, Corporate Jets, Business News

OKLAHOMA CITY -- Chesapeake Energy Corp. disclosed Monday that CEO Aubrey McClendon will not take a bonus for last year and that the company is limiti...

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Amanda Terkel

GOP Lawmakers Short On Specifics About Tax Loopholes To Close

HuffingtonPost.com | Amanda Terkel | Posted 10.04.2012 | Politics
Read More: Congress Tax Reform, Tax Break, Mitt Romney Tax Deductions, 2012 Election, Tax Loopholes, Elections 2012, Tax Loopholes GOP, Kelly Ayotte, Mitt Romney Tax Plan, Tax Breaks, John Thune, Steve Pearce, Tax Deductions, Corporate Jets, Video, Politics News

DENVER -- Mitt Romney refuses to identify which tax deductions and loopholes he would close in order to pay for the tax cuts he would push as presiden...

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Amanda Terkel

Aviation Industry Holds Rally For Corporate Jets

HuffingtonPost.com | Amanda Terkel | Posted 10.17.2011 | Politics
Read More: Chuck Grassley, Aviation Industry, Bruce Braley, 112th Congress, Tom Latham, Corporate Jets Tax Breaks, Steve King, Leonard Boswell, Obama Corporate Jets, Corporate Jets, Politics News

WASHINGTON -- The corporate jet industry and the people who love it have it tough these days, with Democrats pushing to roll back tax breaks for peopl...

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BARR Battle: Corporate Jet Privacy Threatened by Obama Administration

Corbin Hiar | Posted 09.14.2011 | Business
Read More: Aclu, American Civil Liberties Union, Faa, Federal Aviation Administration, Wall Street Journal, BARR Program, Department of Transportation, Corporate Jets, Corporate Jet, Business News
Corbin Hiar

In a move opposed by some traditional allies, the administration is planning to restrict access to a little known program that allows private jets to fly beyond the reach of public scrutiny.

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Obama's Ultimatum: What the President Should Say to America, and Republicans

Sally Kohn | Posted 09.10.2011 | Politics
Read More: Taxes, Debt, Recovery, Cuts, John Boehner, President Barack Obama, Wages, Economy, Millionaires, Deal, Jobs, Obama, Billionaires, Stimulus, Government, Deficit, Profits, Ceo, Spending, Deficit Negotiations, Wall Street, Corporate Jets, Tax Increases, Politics News
Sally Kohn

As President of the United States of America, I have put the economic needs of our entire nation ahead of the political agenda of my party.  At times of great urgency, that is what great leaders do.

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GOP Willing to Create Economic Catastrophe to Protect Tax Loopholes for CEO's Who Fly Corporate Jets

Robert Creamer | Posted 08.26.2011 | Politics
Read More: Debt Ceiling, Corporate Jets, Default, Budget Negotiations, Mortgage Deductions, Biden Negotiations, Medicare, CEO Tax Breaks, Eric Cantor, Republican Budget, Politics News
Robert Creamer

Last week Eric Cantor signaled that the GOP will demand enormous sacrifices from ordinary Americans, but nothing from the top paid CEOs. And if they don't get what they want, the Republicans are threatening to pull the pin and blow up the entire economy.

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Private Jet Manufacturer May Land In Montrose

The Watch | Beverly Corbell | Posted 05.25.2011 | Denver
Read More: Business Development, Private Jets, Montrose-Colorado, Montrose, Gordon Composites, Carbon Airplane, Chamber of Commerce, Jesse Smith, Economic Development, Corporate Jets, Denver News

MONTROSE -- A manufacturing plant that builds corporate jets may soon locate to Montrose, if it wins out against another rival city. County Manager...

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Bank Execs Take Corporate Jets To World Economic Forum In Davos

Huffington Post | Grace Kiser | Posted 05.25.2011 | Business
Read More: Brian Moynihan, Vikram Pandit, Davos, Bank of America, Sandy Weill, World Economic Forum, Corporate Jets, Citigroup, Business News

Amid public furor over giant Wall Street bonuses and lingering anger over the trillion-dollar bailout of financial firms, a number of prominent banker...

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

The New York Times | Posted 05.25.2011 | Politics
Read More: FEC Loophole, Federal Election Commission, Senate Corporate Jet Rule, Lobbyists, Fec, Lawmakers Corporate Jets, Corporate Jets, Politics News

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

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Congress Orders Private Jets For Lawmakers' Travel

Wall Street Journal | Posted 05.25.2011 | Politics
Read More: Congress, Congressional Travel, Private Jets, Gulfstream, Dod, Department of Defense, Pentagon, House Appropriations Committee, C-40s, Corporate Jets, Politics News

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...

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

Brian Ross | Posted 05.25.2011 | Media
Read More: Wall Street Bailout, President Obama, Corporate Jets, Media, Barack Obama, Reporting, Cnbc, Fox Business, Financial-News, Maria Bartiromo, Financial Crisis, Fox News, Wall Street Scandal, Corporate Bailout, Wall Street, News, Media News
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.

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Bailed Out JPMorgan Buying Private Jets, Airport Hangar

ABC News | Brian Ross, Joseph Rhee and Megan Chuchmach | Posted 05.25.2011 | Business
Read More: Jpmorgan Jets, JPMorgan Chase, JP Morgan, Jets Jpmorgan, Corporate Jets Jp Morgan, Corporate Jets, Bailout Bandits, Business News

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...

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Drinking Good for Depression? The Possible Repeal of Religious Repression

Warren Holstein | Posted 05.25.2011 | Comedy
Read More: The Great Depression, Depression, Big Three Automakers, Chrysler, Blue Laws Repealed, Blue-Laws-Repealed, Gm, Georgia, Christian Right, Franklin Roosevelt, Ford, Drinking, Prohibition, Christian Coalition, Constantine, Blue Laws, Blue-Laws, Great Depression, Corporate Jets, Economy, Religion, Comedy News
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.

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Demand For Business Planes Falls For First Time In 5 Years

AP | David Koenig | Posted 05.25.2011 | Business
Read More: Corporate Jets, Business Planes, Business Jets, Corporate Planes, Jets, Business News

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

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

Vicky Ward | Posted 05.25.2011 | Style
Read More: Bank of America, Mike Bloomberg, Lela Rose, Fashion Week, Ken Lewis, Economy, Corporate Jets, Style News
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.

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BofA To Sell Gulfstreams, Luxury Apartment

NBC | Charlie Gasparino | Posted 05.25.2011 | Business
Read More: Banks, Bank of America, Gulfstream, Corporate Jets, Investment Banks, Ken Lewis, Business News

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...

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

Huffington Post | Danny Shea | Posted 05.25.2011 | Business
Read More: Citi, Airplanes, Citigroup, Citigroup Jet, Citi Jet, Dassault Falcon 7X, Corporate Jets, Business News

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...

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

ABC/Huffington Post | Katharine Zaleski | Posted 05.25.2011 | Business
Read More: Citi, Citigroup, Obama and Corporate Greed, Citi Jet, Citigroup Jet, Obama's First 100 Days, Airplanes, Dassault Falcon 7X, Citigroup and Obama, Obama Slams Citigroup, Corporate Jets, New Planes for Citibank, Citibank Corporate Greed, Obama and the Citibank Jet, Citibank Plane, Citibank Jet, Citibank Private Jet, Citibank Jet Purchase, Citi Bank Plane, Obama Citibank Jet, Citibank, Obama Citibank, Citibank Buys Jet, Citi Bank Jet, Citibank Corporate Jet, Citibank Airplane, Business News

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...

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Toyota Projects First-Ever Annual Loss; Congress Disses Detroit

Steve Parker | Posted 05.25.2011 | Business
Read More: Simon Boag, John Campi, White House, Congress, Australia, Trd, Buick, United Auto Workers, Suvs, Phil Murtaugh, Crossfire, Mercedes-Benz, Cars, Detroit News, Detroit Auto Show, Hardtop Convertible, Daimler, Toyota Motor Corp, Moraine, Masters of the Universe, Mongolia, Bankruptcy, Detroit Three, Gm, Washington DC, Land Rover, Bonfire of the Vanities, Tom Wolfe, Floorplanning, Cnn, Banks, Japan, China, Corporate Jets, Automotive News, Roger and Me, Wall Street Bailout, Suzuki, Chrysler, Jim Press, GM Bankruptcy, Federal Reserve Board, President Obama, Ford, Katsuaki Watanabe, General Motors, Dayton, CNN/Opinion Research Poll, President Bush, Michigan, Detroit Bailout, Uaw, Automaker Bailout, Associated Press, Tokyo, Private Planes, g4 Challenge, North American International Auto Show, Nyc, Wall Street, Detroit Three Loans, Deborah Meyer, Vice President Cheney, Toyota Racing Development, Republicans, Slk, Business News
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.

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

Time | Bill Saporito | Posted 05.25.2011 | Business
Read More: Big Three and Corporate Jets, Big Three Automakers, Detroit Automakers and Corporate Jets, Corporate Jets, Business News

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

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GM, Ford Will Sell Corporate Jet Fleets

ABC News | http://www.huffingtonpost.com/2008/12/01/christopher-hitchens-batt_n_147598.html | Posted 05.25.2011 | Business
Read More: Automakers, Private Jets, Automaker Bailout, Corporate Jets, Gm, Ford, Cars, Big Three Jets, Business News

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...

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

Footnoted | Michelle Leder | Posted 05.25.2011 | Business
Read More: A Schulman, Corporate Perks, Corporate Jets, Schulman Fish Camp, Corporate Jet, Business News

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...

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

abcnews.go.com | Posted 05.25.2011 | Business
Read More: Gm Private Jets, Bailout and Jets, Corporate Jets, Bailout Companies and Bailouts, Bailout and Private Jets, Business News

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...

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What to do with Detroit?

Dave Winer | Posted 05.25.2011 | Business
Read More: Automaker Bailout, Bankruptcy, Chrysler, Economy, Gm, Ford, Frontline, Automakers, Bailout, Detroit, Big Three, Financial Crisis, Detroit Bailout Reaction, Auto Industry, Detroit Bailout, Corporate Jets, Business News
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.

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Big Three CEOs And Their Private Jets (PHOTOS)

Huffington Post | Posted 05.25.2011 | Business
Read More: Automakers, Private Jets, Chrysler, Slideshow, Corporate Jets, Gm, Alan Mulally, Robert Nardelli, Automobile Industry, Rick Wagoner, Ford, Big Three, Cars, Big Three Automakers, Automobile Industry Bailout, Business News

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...

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