News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Private Jet Use Up 9% Among Execs

We have written before that private-jet use seems to be slowly getting off the ground after two years of Lear-a-phobia.

Here is one more sign of that: median spending on private-jet use among corporate executives jumped 9% in fiscal 2008/2009 from fiscal 2007/2008, according a study by the Corporate Library. The average corporate jet expense during the period was about $131,000, according to the study.

WSJ Logo