Thread: Citigroup jet
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willtel willtel is online now
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Join Date: Feb 2008
Location: Marietta GA
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Quote:
Originally Posted by Taz's Master View Post
I have a few questions:

What were they doing before the purchase of the aircraft? Flying commercial, or did they perhaps have (an) other aircraft for this purpose? Was this done for cost savings, or as an upgrade? And more importantly, is it possible to save $50 million up front and charter a business jet when necessary?
This isn't their first purchase from Dassault. They got a windfall and hoped to send $50 million of it to France for a shiny new jet, typical "ghetto rich" mentality.

Quote:
Originally Posted by New York Post
Citigroup execs are also quietly trying to unload two of their older Dassault 900EXs.

Those jets, nearly 10 years old, are worth an estimated $27 million each. They were still listed for sale yesterday on the Web site of Citigroup's aviation broker, Aviation Professionals.
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Old 01-27-2009, 12:37 PM
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