Of course, the Wall Street Journal is considered the newspaper of record for U.S. business. But about once a week they go about picking on the wallets that pay their salaries. I’d guess that most of the WSJ staff is filled with Ivy League graduates who feel they’re a just a bit smarter than their friends who opted for a career in business. Here is the latest proof:
There are thousands of corporate aircraft flying the skies over the U.S. Most companies say these planes are necessary to conveniently and securely transport employees to distant facilities or meetings. Top executives “are really 24-hour-a-day, seven-day-a-week people,” notes Mike Nichols, an official with the National Business Aviation Association, a trade group. “These are really flying offices.”
But a comparison of golf scores and flight records, some of which are available from commercial aviation-data services, shows that companies also use their jets for another purpose: as airborne limousines to fly CEOs and other executives to golf dates or to vacation homes where they have golf-club memberships.
At some companies, hundreds of flights in recent years have involved golf, played either for business, pleasure or both. Among companies whose top executives have flown on corporate jets to golf destinations are Alltel Corp., Motorola Inc., General Dynamics Corp., McKesson Corp., Verizon Communications Inc., SLM Corp. (Sallie Mae), U.S. Steel Corp., Cintas Corp., PNC Financial Services Group Inc. and National City Corp.
I’m sure glad the WSJ has a Saturday edition so they can publish important investigative reports like this one. I least had a good laugh while reading it.
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