The bigger issue with the corporate jet fleet, is why they even have a fleet of jets to scurry these executives all over the globe?
There are at least five corporate jets, with a purchase price in excess of $35M each. Then, there is the maintenance cost for each jet, the hangars, the fuel, landing fees, the admin staff and the standby pilots - this is an enormous expense for VZ.
Its also ridiculous that former retired senior officers also have access to the fleet and are entitled to buzz around on the corporation's dime. Yeah, I know, time is of the essence - but not buying that argument for a minute - it is excessive.
That fleet should be downsized too, just like all the jobs that were downsized.