from Zero Hedge
It’s not the just wealthy commercial airline CEOs that have their hands out to the government, begging for bailouts as the coronavirus lockdown ravages their industry, but now also the private jet industry.
Yes, the private jet industry – which is run by, and caters almost exclusively to the wealthy – has been the latest pig to line up at the government trough for their share of freshly printed
Venezuelan Bolivars U.S. dollars.
The National Business Aviation Association, which represents private jet companies and corporate jets, sent a letter to congressional leaders saying the industry is facing “increasing financial uncertainty” and that it should be bailed out, according to CNBC.