Companies Rush to Ditch Corporate Jets

After a lengthy public flogging for flying private jets to Washington to ask for a multi-billion dollar bailout, the Big Three auto CEOs rolled into town in more modest, fuel-efficient cars Wednesday. GM and Ford announced plans this week to sell off their corporate aircraft, and they're hardly alone. A bad economy -- and bad press -- are spurring more corporations to hock their fancy private jets. Troubled banking giant Citigroup has quietly put up for sale two of its planes,...Full Story
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