1. US Company Spending on Private Jets for Personal Use Hits 10-year High

    US Company Spending on Private Jets for Personal Use Hits 10-year High

    Spending by US 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 pandemic. It rose 35 per cent 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...

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