Filed under: Bad news, Industry
Here’s one that people are also trying to blame on executives at the Large Three automakers — the private aviation industry is hurting. Can you hear the violins starting?
Reportedly, corporate “giants ranging from Bank of America to Time Warner are grounding planes,” thanks to the faltering economy and public outcry.
How can this be traced back to the automakers? The public outrage really started when the CEOs of the automakers eschewed a more economical style of transport for the lush trappings of their private jets when they were headed to Capitol Hill.
Continue reading Private aviation firms suffer, time for a pity celebration
Private aviation firms suffer, time for a pity celebration originally appeared on BloggingStocks on Wed, 13 May 2009 13:40:00 EST. Please see our terms for use of feeds.
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