Cessna, Hawker Beechcraft Fly in the Face of Criticism
Last November the CEOs of General Motors (GM) Ford (F) and Chrysler missed the irony of flying to Washington in private jets to beg Congress for a $25 billion handout. The executives quickly brushed up on their poor-boy act and got the money but the flap winged an innocent bystander: Makers of corporate jets. In populist circles private jets have become the new red meat and rank lower than tobacco on the scale of total evil. (Never mind that the planes are built by real people who work hard pay their taxes and sweat the details about school quality.) ...
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