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NEWS ABOUT: private jet

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Trump's Crazy Tour of His Sick Jet

Everything that can be gold-plated has been gold-plated

(Newser) - If you've never wanted to hear the phrase, "And here we are in Mr. Trump's bedroom," then turn back now. Dropping $100 million to retrofit a 757 jet that used to belong to that pauper Paul Allen apparently wasn't enough for the Donald. He also... More »

Hottest Ride to Summer Camp: Private Plane

Forget the station wagon—we've got a Cessna

(Newser) - More parents are going to luxurious extremes so their kids can rough it. Wealthy families are increasingly riding private jets to get to and from remote summer camps in Maine, New Hampshire, and upstate New York. Over the past weekend—a common date for camp visiting days—private jets clogged... More »

Berlusconi Flew Pot to Call Girls on Private Jet

Says one of those call girls, an aspiring model

(Newser) - The tawdry allegations against Silvio Berlusconi just keep on coming: Now, a call girl (who claims the Italian premier paid her more than $14,000 for sex) says he used his private jet to supply marijuana to the sex parties at his villa. “There was grass available in all... More »

Travolta Dogs Run Over at Airport

Family pets killed at Maine airport

(Newser) - Two of John Travolta's dogs have been killed in a freak accident at a Maine airport. After a jet carrying members of the Travolta family landed at Bangor International Airport last week, "two small dogs were taken for a walk by someone who is not a family member,"... More »

Stranded Travelers Turn to Private Jets

Demand for piston-engined aircraft able to enter no-fly zone soars

(Newser) - Private jet firms have found a silver lining in the cloud of ash belching out of that Icelandic volcano as desperate—and wealthy—travelers try to reach their destinations at any cost. Adam Twidell, CEO of jet-hire firm PrivateFly, says that while pilots can't be bribed to breach the no-fly... More »

Tiger, Elin Go on Family Trip

Woods, Nordegren, children leave Orlando on private jet

(Newser) - Tiger Woods and estranged wife Elin Nordegren played tennis together yesterday, then left Orlando on one of the golfer's private jets. Daughter Sam and son Charlie accompanied the couple, whose destination was unknown. After Nordegren's conspicuous absence from Woods' lengthy public apology Friday, their actions "indicate a thaw in... More »

Madonna's New Daughter Leaves Malawi

Private jet ferries Mercy to London

(Newser) - Madonna’s newly adopted daughter left Malawi for London yesterday on a plane owned by the pop singer, Access Hollywood reports. Chifundo “Mercy” James was accompanied on the flight by a nanny and child nurse, airport sources said, and should meet her new brothers and sisters—including David, also... More »

Death-Defying Adventure Normal for 'Super Repo Man'

(Newser) - No one told Nick Popovich there’d be an army of neo-Nazis guarding the plane he’d been hired to grab. But when they put a gun to his temple, he didn’t flinch. “You better go ahead and shoot,” he said, “cause I’m grabbing that... More »

JPMorgan Spending $138M to Update Swank Jet Fleet

Two Gulfstreams and a new hangar are slated for purchase

(Newser) - JPMorgan Chase, recipient of $25 billion in taxpayer money, is about to be the proud owner of two new luxury private jets and a lavishly renovated Westchester County airport hangar, complete with roof garden, ABC News reports. The $138 million purchase, described as “completely tone deaf” by one watchdog,... More »

Stanford Had a Castle, Fleet of Planes

Paternity-suit docs reveal lifestyle of the rich and fraudulent

(Newser) - Say this for Sir Allen Stanford: He knew how to live large. The alleged fraudster once lived in his own Florida castle, complete with moat, and owned, among other baubles, $100 million worth of airplanes, Bloomberg reports. Those assets and others are detailed in court documents from a paternity case... More »

Go Ahead, Fly Those Private Jets, Cessna Ads Tell Execs

Bosses challenged to get back on board

(Newser) - Private jets may have become a despised symbol of high-flying corporate access, but that shouldn't make bosses too shy to fly, a new Cessna ad campaign tells execs. The ads, which boldly announce "timidity didn't get you this far," are part of a public relations push to fix... More »

Team Obama Nixes Citi's Private Jet Buy

Treasury tells bailed-out bank to ditch $50M plane

(Newser) - Hours after the New York Post trumpeted Citigroup's plan to go through with the purchase of $50 million, French-made private jet yesterday, Citigroup got a call from Treasury telling the bank to think again. The Obama administration has made a lot of noise about enforcing accountability on bailout funds, Politico... More »

Citigroup Drops $50M on Fancy Corporate Jet

... After taking $45B in federal bailout funds, fumes indignant Post

(Newser) - Citigroup may be going down in flames, but at least the seats will be nice. Citigroup is buying a brand-new $50 million corporate jet, the New York Post reports, headlining the sale, “JUST PLANE DESPICABLE,” on account of the $45 billion the company has received from Uncle Sam.... More »

Once-Richest Aussie Dumps His Playthings

With fortune halved by downturn, James Packer selling $50M yacht, postpones pool

(Newser) - The recession is forcing one of Australia's richest men to cut back on the playboy life, the Sunday Telegraph reports. James Packer, son of media mogul Kerry Packer, is selling his $50 million yacht, halting the construction of a $3 million pool complex at his family home, and pushing back... More »

Companies Fly to Unload Private Planes

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,... More »

Liz Claiborne CEO Flies Coach to Cut Costs

And he may soon have company

(Newser) - Like most CEOs, William McComb is a jet-setter, flying 200,000 miles a year, give or take. But unlike most CEOs, he does it in the cheap seats, flying exclusively on commercial jets, and almost always in coach. “Every penny counts,” he reasons, given that his company, Liz... More »

Wall Street Execs Still Fly Private Jets

Costly travel rationalized as time saver

(Newser) - Six ailing Wall Street firms that eagerly took bailout funds still spend thousands to operate fleets of private jets that whisk their executives to company—and personal—events, AP reports. AIG, which scooped up $150 billion from the government, beats its peers with a seven-jet fleet. Fuel alone for a... More »

GM Doesn't Want You Tracking Its Private Jet

Automaker asks feds to block public tracking of plane leased for execs

(Newser) - General Motors doesn’t want the public tracking a private jet used by its executives, Bloomberg reports, asking the Federal Aviation Administration to block it from its public service. “We availed ourselves of the option as others do to have the aircraft removed,” said a GM spokesman, though... More »

GM Shrinks Fleet of Corporate Jets

Automaker, pilloried on Capitol Hill, is retiring two of five planes

(Newser) - After facing turbulence on Capitol Hill over its corporate jets, General Motors is cutting two aircraft from the ranks, the Detroit News reports. “This is strictly the result of drastic cutbacks in travel around the globe,” said a spokesman. The automaker, which began this year with seven jets,... More »

Auto Execs Hit Turbulence Over Private Jets

Legislators put screws to extra-shiny tin cups

(Newser) - Take three auto execs, add the private jets each took to a Capitol Hill hearing to beg for a federal bailout, and you get a recipe for the heaping helping of humble pie legislators served up, writes Dana Milbank in the Washington Post. "There's a delicious irony in seeing... More »

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