Originally Posted by
garykung
I believe both of you totally misread the whole thing.
1. Allowance for private jet does not mean private jet ownership.
2. The article link made no mentioning about private jet.
My original point was many top silicone valley exec. don't fly private jets so they have top status with airlines. Another example - Jan Koum, CEO of WhatsApp & Managing Director in Facebook, Inc. He is a FTer and should be still a M&M Senator (*G):
Thoughts about my free iphone app - WhatsApp ...
What difference if she owns the jet or not - she does fly privately at least some of the time.
In terms of mixing it up, it's not unusual for CEOs to fly commercial on long-haul routes where private jets can be a bit cramped and if they are chartering, some people just dont see the value in 300k vs 30k for 2 people to fly from the Bay Area to Europe or Asia.
That doesn't mean they are flying commercially all the time, particularly domestic. 80% of private jet flights are under 2 hours - that' where you get the most bang for your buck.