Why bosses are flying more for play, not work

AS SCHOOLS across Europe break for February half-term, it is not just the Alpine pistes that are congested: private-jet terminals across the continent are also full to bursting. The number of bookings for private aircraft to the Alps in the week ending February 19th is 40% higher than in the same period last year, says Adam Twidell of PrivateFly, a booking service. Although about half the bookings were made by firms, not all those on board will be working much. For executives are using corporate...