Corporate jets: emblem of greed or a boon to business?

  • 📰 TheEconomist
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Corporate jets have become a useful shortcut for testing someone’s gut instincts on management, reckons our columnist

Save time by listening to our audio articles as you multitaskThose who see excess regard the company jet as the worst in a pile of gold-plated perks for overpaid executives. While minions reacquaint themselves with airport queues and the curse of six hours next to the chatty stranger in 24, bosses skip the lines and travel in luxury. It is difficult to remain grounded in these circumstances.”; on touchdown, auditors doubtless fantasise about radioing that “thegle has landed”.

If the corporate-jet inkblot spells excess to some, to others it represents hard-headed pragmatism. The personal safety of top executives is one consideration: private aircraft are a big part of Meta’s outsized spending on the security of Mark Zuckerberg, its chief executive. So is privacy: it is really hard to finalise a secret takeover when there is a stranger spilling pretzels on you.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Sometimes you need one when you’re an important person and your business requires you to be in certain places very quickly. Why does a US President need one? Greed?

Greed, Privilege, Shallowness. Simple.

Greed no doubt?

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