Putting jets on block may be more about image than money
(NEWSER) - The business-jet industry couldn’t have asked for worse PR than members of Congress ripping auto executives for traveling by company plane to beg for taxpayer money. By the time the Big Three execs returned—by hybrid car—to Washington, the corporate jet was a symbol of bloated corporate excess, seen by the public as evil, “right up there with Saddam Hussein,” an industry consultant tells the Economist. More»