Citigroup Puts Two Jets Up for Sale

It looks like no executive perk is off-limits as an ailing Citigroup slashes costs, lays off employees, and tries to beef up its balance sheet. The banking giant has put two of its corporate jets on the market in recent weeks via a Maryland-based airplane broker called AvPro, we've learned. Both are Dassult Falcon 900 jets (click here for a larger pic) and are owned by Citigroup Corp Aviation in White Plans. Naturally, both also come with top-of-the-line everything, including mahogany woodwork, luxurious leather seating, gold accents, and very spacious bathrooms. Citi's airplane broker didn't put a price tag on either jet—the model begins at $35 million if purchased new—but we're guessing Citi won't be driving a hard bargain. (The full specs are below, just in case you're in the market for a new plane.) And don't feel bad for the likes of Bob Rubin and Vikram Pandit. Citi has several other planes in its fleet, and those have yet to be put up for sale (as far as we can tell) so there's no need to fear that senior execs will be forced to fly commercial in the near future.

2002 Falcon 900EX
Full brochure here. Click on image to expand.

1999 Falcon 900EX
Full brochure here. Click on image to expand.