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Article: Conspicuous Consumption.(Director's Viewpoint)
- Article from:
- Aircraft Maintenance Technology
- Article date:
- January 1, 2009
CopyrightCOPYRIGHT 2009 Cygnus Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Conspicuous Consumption
Nick Sergi, Director of Content
The other day I read an article in the WSJ that took note of a certain CEO of a fairly large company for his refusal to use a business jet when traveling on company business. Rather, this CEO has chosen to travel commercial, enduring long delays, late arrivals and departures, and long hours on the road. The Journal noted that "tough times and public anger" might mean many CEOs will be joining this migration from the use of business aircraft. I have heard several times on business TV shows a new expression to denote the use of business aircraft -- conspicuous consumption. All this unfavorable ...