Multinational pressure group Transparency International has published a study claiming that two-thirds of the world’s biggest defense companies “do not provide enough public evidence about how they fight corruption.” The group says that its Defense Companies Anti-Corruption Index studied the 129 biggest defense companies worldwide with a combined revenue of over $500 billion. Transparency International estimates the global cost of corruption in the defense sector to be at least $20 billion per year, based on data from the World Bank and SIPRI.
Hong Kong-based handling and security provider ASA has reported a sharp increase in recent months in traffic at its Asia-Pacific locations, which has prompted the company to recruit additional staff to support flights coming from within Asia, as well as from North America, Europe and the Middle East.
Next month, a Connecticut jury will hear a $3.5 million claim against Executive Jet Management (EJM) in a case that is already sending a chill through the business aviation community.
A $27 million child-abduction suit involving charter and aircraft management services operator Executive Jet Management (EJM) has been settled out of court for an undisclosed amount, according to attorneys for the plaintiff, Cornelia Streeter.
In a child-abduction case that has sent a chill through the business aviation industry, a Connecticut jury has ordered Executive Jet Management (EJM) to pay $27 million to a mother whose ex-husband hired an EJM aircraft for the purpose of abducting the couple’s two children.