Citibank

May 13, 2009 - 11:51am

 Perception is reality. That was the message yesterday from European and U.S. business aviation leaders who are waging an image campaign against politicians and the media engaged in class warfare against travelers who fly privately.

May 13, 2009 - 5:25am

It is the perception of business aviation as a luxurious form of travel that has put a target on the industry’s back, EBAA chairman Brian Humphries said today at an EBACE luncheon. “I’m not sure flutes of champagne and luxurious interiors are what we want to be portraying right now,” he said.

January 30, 2009 - 2:23am

In the wake of political influence that forced Citibank on Tuesday to ditch plans to take delivery this year of a $42 million Dassault Falcon 7X it ordered in 2005, NBAA president and CEO Ed Bolen penned a letter to President Obama defending companies’ use of business jets.

February 7, 2008 - 10:14am

Englewood, Colo.-based Adam Aircraft isn’t yet saying whether it met a “self imposed” deadline of January 31 to raise $30.5 million in short-term funding. On January 15, Adam Aircraft CEO John Wolf sent a letter to investors warning that the private company could liquidate some shareholder assets if the short-term financing round failed.

February 7, 2008 - 10:14am

Englewood, Colo.-based Adam Aircraft isn’t yet saying whether it met a “self imposed” deadline of January 31 to raise $30.5 million in short-term funding. On January 15, Adam Aircraft CEO John Wolf sent a letter to investors warning that the private company could liquidate some shareholder assets if the short-term financing round failed.

January 22, 2008 - 11:08am

Adam Aircraft’s financial predicament is apparently more dire than the company let on last Thursday when it announced it was laying off 300 employees and making other “strategic adjustments.” Just two days before this announcement, Adam Aircraft CEO John Wolf sent a letter to shar

January 22, 2008 - 11:08am

Adam Aircraft’s financial predicament is apparently more dire than the company let on last Thursday when it announced it was laying off 300 employees and making other “strategic adjustments.” Just two days before this announcement, Adam Aircraft CEO John Wolf sent a letter to shar

 
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