The boss already owns the jet. Now he makes his company rent it from him, so he can zoom around in the plane he already owns, and that he would be zooming around in even if he weren't the Canoo boss.
I don't think a company should be paying for the boss's jet, if the company isn't near break-even. I'd say the boss doesn't believe the company has legs, and he's extracting cash while he can.
I don't think a company should be paying for the boss's jet, if the company isn't near break-even. I'd say the boss doesn't believe the company has legs, and he's extracting cash while he can.