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U.S. Corporate Elites Drive Private Jet Spending to 10-Year High
Breitbart ^ | 07.04.2022 | Simon Kent

Posted on 07/04/2022 8:30:59 AM PDT by Macky Cracklins

If you’re stuck in a line somewhere waiting to board a regular commercial flight or queueing on arrival in the vain hope you’ll soon be reunited with your baggage, one thing is certain.

No member of the global corporate elites will be there with you because they are riding high in a private jet that uses facilities far removed from the madding crowds.

The Financial Times (FT) reports spending by U.S. companies on private jets for personal use by chief executives and chairs hit the highest level for a decade last year as many businesses relaxed restrictions on using them because of the coronavirus pandemic.

Spending on airborne luxury rose 35 percent to $33.8mn among S&P 500 groups in 2021 — the highest since 2012, according to ISS Corporate Solutions, a division of investment adviser Institutional Shareholder Services.

(Excerpt) Read more at breitbart.com ...


TOPICS: Crime/Corruption; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: climatehoax; globalists; wethepeople
So, so maddening. They're all living in their bubbles full of baubles, like private security, private jets, private gated-community mansions. Far, far removed from the crime, open borders, inflation they created for us peasants.
1 posted on 07/04/2022 8:30:59 AM PDT by Macky Cracklins
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To: Macky Cracklins

The weapons technology the US is supplying to Ukraine would make mincemeat of the fatcats’ security efforts.


2 posted on 07/04/2022 8:42:53 AM PDT by Brian Griffin
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To: Macky Cracklins

Private jets can’t hide and are very likely to be carrying a fatcat.


3 posted on 07/04/2022 8:45:26 AM PDT by Brian Griffin
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To: Macky Cracklins

Battery-powered private jets?


4 posted on 07/04/2022 8:48:37 AM PDT by Steely Tom ([Voter Fraud] == [Civil War])
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To: Macky Cracklins

“private gated-community mansions”

Team Donkey can supply the public housing.

The private Cator estate in SE London is example of what leftists can do within what once was an exclusive community.

Northern Wimbledon has low-end housing estates.


5 posted on 07/04/2022 8:51:25 AM PDT by Brian Griffin
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To: Macky Cracklins

Envy of wealthy people because they appear to have the means to live better is an illusion. The corporations they work for expect them to sacrifice much of their personal life in the service of the company. To maximize their utility the companies have found that private jets make better use of their talent’s time even though they require millions of dollars per year to lease, maintain, train crews, and insure. Companies like WheelsUp have a tiered subscription model that has simplified and offloaded these details from the corporations to their private owners. The ordinary working people who manufacture, maintain, pilot, and manage logistics for these wealthy customers are where all the money goes anyway in the end.

In the end money buys choices and convenience and if you think this is unfair you are living in a fantasy world.


6 posted on 07/04/2022 8:59:11 AM PDT by Dave Wright
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To: Macky Cracklins

As a low-level guy, I was once assigned to a corp jet flight because it suited the convenience of the company to get our crew of five to, and back from, one of the corp’s plants for a single specific urgent purpose.

It was a wonderful experience. They treated us just as if we were the Big-Shots — I guess because they were just operating normally from their point of view..

I remember thinking that I wished everybody could travel that way, in small-ish groups with common destinations.

The air charter and partial ownership company,”’Net Jet” which maintained a large fleet of Biz-Jets could use something like a computer matching software to find flexible candidates for specific locations.

It would probably cost more than cattle-herd flights, but it’s SO much nicer, it would be worth it for those who travel infrequently.

Me? Things have become so insulting and rotten with today’s commercial airlines, I probably will never fly anywhere ever again unless things improve. And I doubt they will.

I’m not wealthy, but I am retired, so that makes this an easier concept than for work-a-day folks.

Shame. It really doesn’t have to suck as much as it does.


7 posted on 07/04/2022 9:00:25 AM PDT by William of Barsoom (In Omnia, Paratus)
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To: Steely Tom
Battery-powered private jets?

Nope! Wind power.

8 posted on 07/04/2022 9:02:44 AM PDT by eeriegeno (Checks and balances??? What checks and balances?)
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To: William of Barsoom

This happened to me and some of my collegues too. A product failure and it had to be trouble shot and fixed in one day. We got in a lear jet with our equipment, refueled in TX on our way to AL. The pilot came to me and asked if I would permit them to land in Huntsville instead of a small unused private airport because the small airport was not manned and it was raining. It was one of those things where the pilot could turn on the landing lights using his radio.

I told them yes, land where it was safe. So I guess I changed the flight plan. I got called on this later but the truth was we found and fixed the problem in one day and the Huntsville airport had lights and I felt much safer there. A corporate van had to meet us at Huntsville and drive us to the plant.

I will not forget the flight, or the fact that one of the seats served as a toilet, since there was no facility in the cabin. I bet the elites don’t have to put up with that,


9 posted on 07/04/2022 9:33:25 AM PDT by KC_for_Freedom (retired aerospace engineer and CSP who also taught)
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To: Dave Wright
In the end money buys choices and convenience and if you think this is unfair you are living in a fantasy world.

It is not a life sacrifice, these elites are the destruction of the middle class. There is no way a typical CEO, VP, etc salary is merited if you compare it to those doing the real work in the company. The corporate boards are all incestuous, and they work together to ensure their wealth that comes first before the real workers in the company.
10 posted on 07/04/2022 10:35:24 AM PDT by RushingWater (Thank God for no more mean tweets, it's worth 20% inflation. )
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To: Macky Cracklins

US Companies’ spending on private/corporate jet travel is quite in line with capitalism. Many times, the cost per flight hour makes it worth the cost of the C-suite passenger’s time vs sitting and waiting in an airport terminal.

When the government leeches and environmental activists jet-set around the world, there’s an obvious hypocrisy. I’m all for exposure of these folks day-in and day-out.


11 posted on 07/04/2022 10:41:29 AM PDT by Textide (Lord, grant that I may always be right, for thou knowest I am hard to turn. ~ Scotch-Irish prayer)
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