Two private jet trade groups are accusing the cable network of misrepresenting Clay Lacy and the importance of business aviation
A letter issued yesterday by the top executives of the National Business Aviation Association and National Air Transport Association said CNBC coverage of the CARES Act distorted the impact of Covid-19 on business aviation.
A post on NBAA’s website was titled, “CNBC Distorts Pandemic’s Impact on Business Aviation, Specifically Charter Company Clay Lacy.”
Continue reading “NBAA, NATA take CNBC to task for Clay Lacy and CARES Act coverage”
Island Express Helicopters and Jem Air Holdings received $603,838 and $158,775, respectively, from the Treasury Department
Island Express Helicopters, the operator of the charter S-76 helicopter flight that killed NBA legend Kobe Bryant and eight others, including the pilot, on Jan. 26, 2020, received $603,838 in funding as part of the CARES Act, according to a list published over the weekend by the Department of the Treasury.
Continue reading “Kobe Bryant helicopter firm, Private Jet charter operator fined in April for illegal flights, gain CARES Act funding”