Saturday, May 3, 2014

Personal jet use of company CEOs up

Bloomberg reported this month that "For the 50 largest S&P 500 companies that reported data, the average co. jet use was $284,682 in 2013 up from $276,014 in 2012. For the 10 largest, the average jumped to $259,643 last year."

Companies are required to report uses of $25,000 or more (Bloomberg).