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Back to To the Point

To the Point

Are Corporate Jets a Force for Good?

Last year, Big Three automakers enraged Congress when they flew to a government bailout hearing in three separate jets. Today it's reported that former CEO Sandy Weill gave up use of the corporate jet after he and his family used it to vacation in Mexico just weeks after Citigroup received a hefty federal bailout.

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By Warren Olney • May 12, 2014 • 1 min read

Last year, Big Three automakers enraged Congress when they flew to a government bailout hearing in three separate jets. Today it's reported that former CEO Sandy Weill gave up use of the corporate jet after he and his family used it to vacation in Mexico just weeks after Citigroup received a hefty federal bailout. In spite of such abuses, William Garvey, editor in chief of Business and Commercial Aviation magazine and former New York Times reporter David Cay Johnston say the jets can be a force for good.

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Warren Olney

    former KCRW broadcaster

  • Sonya Geis with wavy brown hair wearing a black dress with red accents and decorative earrings against a white background.

    Sonya Geis

    Senior Managing Editor

  • KCRW placeholder

    Christian Bordal

    Managing Producer, Greater LA

  • KCRW placeholder

    Katie Cooper

    Producer, 'One year Later'

  • KCRW placeholder

    William Garvey

    Editor in Chief, Business and Commercial Aviation

  • KCRW placeholder

    David Cay Johnston

    Pulitzer Prize-winning reporter and author, Daily Beast, Investipedia, DC Report

    NewsNationalPolitics
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