S&P 500 Companies Still Use Private Jets. They Just Don’t Want to Talk About It.
The National Business Aviation Association , or NBAA, show started in Las Vegas on Tuesday. It’s like a car show, but with jets—a hot topic these days. Private jet use is in the spotlight after an activist criticized Emerson Electric ’s (ticker: EMR) private jet “fleet” when arguing for lower costs. Many companies use private jets—including PG&E (PCG) and Facebook (FB)—but they don’t tend to advertise it...
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