Cost efficient?

A reporter from the Financial Times looks into why no one is admitting they flew corporate jets to get to Davos (except for JPMorgan Chase’s Jamie Dimon), yet the numbers of private jet landings is at a record high. A+ for enterprising reporting. But a F for gullibility. Here’s a paragraph offered without qualification:

There are many arguments for executives using corporate jets. They are beneficial for security reasons, they allow executives to work together in the air and can be cost-efficient compared with the price of first-class tickets.

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