Chrysler LLC asked a bankruptcy court earlier this week to terminate its leases on two corporate planes — a company asset that had drawn scorn among lawmakers.
You can be certain of one thing. As executives for Chrysler try to dodge a full-blown collapse, they’ll be flying commercial, just like most of us out there in the real world. The next question is: Do you think they’ll be flying first class or coach? (take one guess!)
Chrysler, General Motors Corp. and Ford Motor Co. came under fire in November when their CEOs flew private planes to congressional hearings on the auto industry. The executives drove to a subsequent hearing.