private jets

  • News

    Robert Benmosche Was Less Than Thrilled About Post-Crisis Restrictions On Corporate Jet Usage

    After the Great Auto CEO Debacle of 2008, the government had put its foot down on private-jet use by CEOs of TARP-supported companies, and when these onerous restrictions threatened to thwart his ability to make his granddaughter’s birthday party in Chicago, he exploded. “I said to Jim, ‘Here is the deal,’ ” he recalls. “ ‘I’m going […]

    / Oct 22, 2012 at 6:13 PM
  • News

    Layoffs Watch ’12: Bank Of America

    Third-year Gulfstreams, pilots, and flight attendants have been encouraged to explore opportunities elsewhere.

    Bank of America Corp. has sold half of its corporate jet fleet and laid off some of its pilots, the Charlotte Business Journal has learned…BofA also has laid off more than half a dozen pilots and support staff at its corporate aircraft hangar in Charlotte, according to people familiar with the operations…Company officials decline to say whether the sales are part of a cost-cutting move or are a step toward fleet upgrades. Cost-cutting seems more likely.

    Bank of America trims corporate jet fleet and staff [BizJournals]

    / Jul 13, 2012 at 2:33 PM
  • News

    Japan Gotta Ease Up On Questioning Billionaires About Their Swords And Shit

    Japan’s economy may suffer unless visiting executives such as Apple Inc. Chief Executive Officer Steve Jobs can more easily jet in and out of the country by private aircraft, said a Japanese business aviation group. Jobs vowed never to return to Japan after he was forced to ditch ninja throwing stars found in his luggage […]

    / Sep 20, 2010 at 5:15 PM
  • News

    Will Martin Coward Start A New Hedge Fund With His New Gal-Pal?

    First, the back story: Martin Coward and Elena Ambrosiadou, currently in the process of getting divorced, were once partners in business and in marriage. They met at Cambridge, fell in love, and founded hedge fund group Ikos in 1992. Math nerd-cum-ladies man Coward was “the brains” behind the investment strategy and research, while Ambrosiadou, who […]

    / Jul 26, 2010 at 11:59 AM
  • News

    Buy Lenny Dykstra’s House– BYO Toilets

    What’s this joyous news you hear? I’ll tell you what– Lenny Dykstra’s house is back on the market! It’s the same one– Wayne Gretzky’s old place– that Nails tried to sell back in June 2008 for $24,950,000, hoping for a 33% return (LD bought the Thousand Oaks manse for $18.5 million on in August 2007), […]

    / Jan 29, 2010 at 12:48 PM
  • News

    Lenny Dykstra Stabbed In Back By One True Love, Will Not Go Down Without A Fight

    You guys, this is heartbreaking. As you know, the one thing that matters most to Lenny Dykstra in this world is flying private. After he did it the first time, he I loved it and swore he’d never go back to flying commercial. Nails’ finances being a little tight these days, he hasn’t been able […]

    / Jan 15, 2010 at 12:05 PM

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