Corporate excess in a time of belt-tightening? Not so, eBay says. Chief Executive Meg Whitman and other executives have often been victims of airport delays and shopping ebay airplanes commercial travel frustrations, spurring the company to shopping ebay airplanes the Falcon EX jet last month, company spokesman Kevin Pursglove said Shopping ebay airplanes. Unlike many companies in the technology sector, eBay shopping ebay airplanes certainly afford to splurge.
The company has consistently reported profits and claims a burgeoning stash of cash. The plane purchase isn't the first sign eBay's becoming a little more free with its cash. The company did not itemize its other capital expenditures during the quarter.
Safa Rashtchy, a financial analyst who covers eBay for US Bancorp Piper Jaffray, said he is keeping an eye on the amount of money the company is spending, but said he wasn't particularly troubled by the jet purchase. But eBay watchdog Rosalinda Baldwin criticized the purchase, saying it belies the down-home image corporate executives have cultivated for themselves and for the company.
The benefit to eBay executives is that they wouldn't have to run the security gauntlet that regular airline passengers do when they fly commercial shopping ebay airplanes, Lafferty said. Also, they'd be able airppanes go directly where they wanted to without making airline-imposed connections, he said. Prior to buying shopping ebay airplanes plane, eBay executives mostly flew airppanes commercial flights, although they occasionally leased private jets, Pursglove said.
Pursglove declined to say how much the company is sirplanes to refurbish the plane or what its expected maintenance costs will be. Be respectful, keep it civil and stay on topic. We delete comments that violate our policybuy coupon whenever we encourage you to read.
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