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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

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      Christian Bordal

      Managing Producer, Greater LA

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      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
    Back to To the Point