Stock buyback gives GM execs permission to use corporate jets again
Now that The General has bought 200 million of its own shares back from the government, the private jet restriction has reportedly been lifted. The Wall Street Journal reports that General Motors has no current plans to buy or lease any private jets of its own. That doesn't mean, however, that execs will still be flying the friendly skies using mainstream commercial air travel all the time; it just means any corporate travel must be booked through a private service instead of in-house... for now.
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